HERDC is used in conjunction with the Higher Education Student Data Collection to determine annual research block grant funding
The Australian Government Department of Education uses the Higher Education Research Data Collection ( HERDC ) in conjunction with the Higher Education Student Data Collection to determine annual research block grant funding.
For the purposes of external and internal funding formulae, income and publications can only be considered if they fall within the Commonwealth Department of Education’s ‘definition of research'. For full details, including the definition of research, refer to the HERDC Specifications document.
Category 3: Industry and other research income
Category 3 income must be categorised in the following subcategories:
- Australian private sector for profit, not-for profit charities and foundation
- Australian philanthropy includes donations, bequests, crowd-funding and endowments
- International private sector for profit, not-for profit charities and foundation
- International philanthropy includes donations, bequests, crowd-funding and endowment
- International government
Category 4: Cooperative Research Centre research income
- Category 4 CRC research income comprises the following subcategories:
- research income derived from Australian Government grants to CRCs
- research income derived from non-HEP members of CRCs
- research income derived from external parties contributing to CRCs.
The University must arrange for an audit of the Category 1, 2, 3 and 4 research income in its respective research income return and provide the Department with a Special Purpose Audit Report under the Auditing and Assurance Standard Board's Auditing Standard ASA800, which clearly certifies that the research income recorded is correct. An independent, external, qualified auditor should conduct the audit.
The Department's expectation is that the audit also ensures that research income:
- is attributed to activities that comply with the definition of research, as outlined in the HERDC specifications
- is attributed to the correct category of research income, and
- is identified by transparent and explicit transactions.