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Reporting for E623: RTP stipend amount will be simplified. |
The department plans to simplify the reporting of E623: RTP stipend amount. Under the new arrangements, the E623: RTP stipend amount reported will be the annual full-time equivalent RTP stipend rate awarded to the student for the full reporting year.
The annual full-time equivalent RTP stipend rate is to be reported, even if the student completed their studies prior to the end of the year, if the student's RTP stipend scholarship was suspended for a period during the year or the student studied on a part-time basis.
This change means that providers will not have to calculate the actual amount a student receives in a calendar year.
This change is being made to clarify requirements for providers, some of whom may have reported the actual amount paid and others who may have reported the annual full-time equivalent amount.
It is proposed that the change will apply from the 2025 reporting year data onwards.
If you have any questions or concerns about implementing this change, please contact RBGrants@education.gov.au
Examples are provided below.
Example A: A student commences their HDR studies in July 2025 and is studying full-time. They are awarded a RTP stipend and receive $20,000 in their bank account in 2025. The annual full-time equivalent RTP stipend rate awarded to the student is $40,000 in 2025. A RTP stipend rate of $40,000 is reported in E623.
Example B: A student commences their HDR studies in January 2025 and is studying part-time. They are awarded a RTP stipend and receive $20,000 in their bank account in 2025. The annual full-time equivalent RTP stipend rate awarded to the student is $40,000 in 2025. A RTP stipend rate of $40,000 is reported in E623.
Example C: A student is studying full-time and in 2025 is receiving a full-time RTP stipend rate of $37,000, plus an annual top up of $10,000 provided by an external source. A RTP stipend rate of $37,000 is reported in E623.