Summary
Amends the: Higher Education Funding Act 1988 in relation to: transition funding for 2007; and repeal of the Higher Education (HECS) Account; Higher Education Support Act 2003 in relation to: funding and grant levels for certain purposes; increases to FEE-HELP limits; extending summer school provisions to winter schools; setting student contribution amounts and tuition fees; rounding calculations of HELP debts; electronic communications; and regulation of higher education in external territories; and Australian Research Council Act 2001 to reflect updated annual caps on funding.