The Tertiary Education Quality Standards Agency reports it is “aware” that receivers are appointed to ParaPharm Pty Ltd, which trades as Paramount Higher Education. According to TEQSA, the paramedicine college has “insufficient resources to continue operations” and will “cease operations immediately” effecting 110 students.
Back in 2015 TEQSA declined to register ParaPharm and did not renew accreditation for five courses. The college went to the Administrative Appeals Tribunal and on the basis of information provided there TEQSA granted qualified registration to 2019. Conditions included submitting a budget for financial years a month prior. TEQSA does not report whether the college’s owners met this condition before the start of thid financial year. The agency is liaising with the administrators.
TEQSA advises students who fear they have done their fees is to check the Australian Council for Private Education and Training’s tuition assurance website. In August then training minister Karen Andrews announced that from next year the government would extend the existing scheme that protects international students from colleges closing to the domestic market.