Colleges seek foreign students to boost funds
Matamata College has teamed up with Morrinsville College in an attempt to regain some of the money lost through a new government funding scheme.
Plans are being put in place to market abroad in the hope of attracting more international students to offset reduced income.
State schools used to be reviewed annually and funded by the Government through staff and operation grants along with the addition of community grants and student fees.
This year, however, the operations grants will be reviewed on a quarterly basis and funded depending on the number of students at the school each term.
On average about 50 students leave college before the school year is over which may result in less money in the later terms.
Principal Glenn Rowsell said they were estimating a $35,000 loss annually.
‘‘ We anticipate we will lose about $35,000 from income, which is a lot when we are already running a deficit budget. So we will have to reduce costs. The price of everything is coming up but our income is reducing so somewhere we have to fill that gap.’’
Matamata College board felt bringing in international students was a good way to do that.
An international student pays $11,200 a year to the school.
Out of that tutors and home stay managers were paid but Mr Rowsell said, once you got 15 or 20 of them coming in, it would help generate a reasonable of income.
If a significant number of international students do not come then this could well cost the school a much needed teacher aide.
‘‘Most teachers are paid from a different pool but the school pays teacher aides and support staff. We need them in the school. But $ 35,000 is about how much it costs to hire one so this funding could be costing us a teacher aide,’’ Mr Rowsell said.