Unit of study > Unit Entry Burger Menu > Funding Fee Setup
The funding of subjects or courses is primarily handled through government funding for the students.
On the Funding Fee Setup screen, locate the +Add button and click on it. This action will open a funding fee setup pop-up window on your screen where you can enter the required details as per your preferences and requirements.
Fields and their Explanation:
| Fields | Explanation |
|---|---|
| Enrolment Type | Select the enrolment type that applies to the student for this unit of study.This determines how the enrolment is classified for funding, reporting and compliance. This is based on the user code created in TEAMS. |
| Funding Source National | Choose the national funding source from the dropdown. This identifies which national-level funding category the unit of study falls under and ensures TEAMS maps the data correctly for AVETMISS reporting and state/federal funding compliance. |
| State | Select the state where the funding or delivery applies. This ensures the unit of study is recorded under the correct state for both reporting and funding rules. |
| Delivery Type | Choose how the unit of study is delivered. This affects reporting requirements and helps categorise the mode of delivery for compliance and audit purposes. |
| Nominal Hours | Nominal hours represent the supervised teaching hours expected for the unit and are critical for funding claims and AVETMISS reporting. TEAMS uses this value to calculate total funding hours and associated fees. Here you can add the nationally agreed nominal hours of the unit of study. |
| Hourly Rate | Enter the hourly rate used for calculating the funded amount. Once the hourly rate is entered, TEAMS automatically calculates the total funded value by multiplying the Nominal Hours × Hourly Rate. This ensures consistent and accurate funding calculations across all units of study. |
| Active | Tick this box to activate the funding setup for the unit of study. |