Professor Noble said Waiariki students would be unaffected by the announcement. "Our wide range of qualifications will continue to run as per usual during any potential merger process."
However, some Wairariki students and education figures have expressed concerns about the move.
Labour's Tertiary Education spokesman David Cunliffe said the institutions were "the latest victims of National's chronic underfunding of regional polytechs".
"Since 2010, the Government has made $60 million of real cuts to the budget for regional polytechs. As a result, there are more mergers like this one as polytechs in the regions struggle to do more with less. The key issue for the Bay of Plenty and Waiariki will be ensuring this merger does not stop people studying."
A spokesperson for Rotorua MP Todd McClay said between 2011 and 2014 the number of equivalent full-time students across institutes of technology and polytechnics reduced 6.45 per cent, while there was only a 1.1 per cent fall in funding.
Waiariki student Shereece Sycamore said the merger would have its "pros and cons".
"There is a lot of ambiguity around this possible merger and while it would be beneficial if more courses were made available, it also poses some concerns," she said.
"It would be a barrier for many students if they stopped offering certain courses in Rotorua, in favour of having them in Tauranga as many students don't have the means to travel."
Waiariki and BoPP have been looking at ways to work more collaboratively for a number of years. The new institution could be established as early as January 1, 2016.