Equity Index (New Zealand)

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Equity Index (EQI) is a way the Ministry of Education uses to calculate equity funding for schools in New Zealand. It replaces the current socioeconomic decile system, which will be phased out from January 2023. [1] [2]

Contents

Background

In September 2019 the Sixth Labour Government announced the decile system would be replaced by a new "Equity Index" which would come into effect as early as 2021. [3]

In mid-May 2022, the 2022 New Zealand budget allocated $8 million for the capital cost and $293 million for operating costs for the new Equity Index, but no date of introduction was given. [4]

Implementation

In July 2022, their Equity Index rating numbers were advised to New Zealand (public) schools to be introduced next year, with the amount of equity funding for each school to be announced in September 2022. The Statistics Department utilised 37 socio-economic factors for each pupil, including both parents' educational levels, imprisonment data and benefit history plus Oranga Tamariki notifications and student transience to calculate a school index number between 344 and 569 for each school, with a national average of 463 and a higher index number meaning more EQI index funding. The New Zealand educational system was claimed to be "one of the world's least equal education systems" (actually 33 out of 38 in the OECD). [5] [6]

See also

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References

  1. ↑ "School deciles". Education in New Zealand. 2015-07-01. Retrieved 2022-10-05.
  2. ↑ "The Equity Index". Education in New Zealand. 2022-05-17. Retrieved 2022-10-05.
  3. ↑ "Replacing Deciles with the Equity Index". 24 September 2019. Retrieved 28 Sep 2019.
  4. ↑ Palmer, Russell (19 May 2022). "Budget 2022 at a glance: What you need to know". Radio New Zealand . Archived from the original on 19 May 2022. Retrieved 19 May 2022.
  5. ↑ "Schools learn all-important equity index number to replace outdated deciles". Stuff/Fairfax. 12 July 2022.
  6. ↑ "How to fix one of the worlds' least equal education systems". Stuff/Fairfax. 2 July 2022.


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