There are many flexible finance options available:
Calculate your saving by paying upfront.
Commonwealth supported places
Many postgraduate coursework programs, which were previously full-fee-paying, now offer Commonwealth supported places. This means the Australian Government contributes about three quarters of the total tuition fee of Commonwealth supported students. Students are required to pay a contribution to cover the remaining costs of the course; however, a HECS-HELP loan can assist with this.
Application for Commonwealth supported places is automatic for the following faculties:
| Arts | Education | Informatics |
| Creative Arts | Health and Behavioural Sciences | Science |
For other faculties, you must apply separately. Your offer of admission letter will advise whether you have been offered a Commonwealth supported place.
Government assistance
The Federal Government provides financial assistance to eligible students through income-tested schemes such as Youth Allowance (for those under the age of 25 when they begin their studies), ABSTUDY or Austudy.
HECS-HELP
HECS-HELP is a loan that helps eligible Commonwealth supported students with their contribution fees (it replaces the previous HECS deferment scheme). You won't have to make any repayments until your income reaches the minimum threshold.
HECS-HELP is available to Australian citizens and holders of a permanent humanitarian visa in a Commonwealth supported place.
HECS-HELP repayment thresholds from 2008-09
| Income range | % rate to be applied to repayment |
|---|---|
| Below $41,595 | Nil |
| $41,595 – $46,333 | 4.0% |
| $46,334 – $51,070 | 4.5% |
| $51,071 – $53,754 | 5.0% |
| $53,755 – $57,782 | 5.5% |
| $57,783 – $62,579 | 6.0% |
| $62,580 – $65,873 | 6.5% |
| $65,874 – $72,492 | 7.0% |
| $72,493 – $77,247 | 7.5% |
| $77,248 and above | 8.0% |
HECS-HELP loan calculator
Calculate fees that are being deferred to your HECS-HELP loan each semester.
FEE-HELP
Full fee-paying students may be eligible for a FEE-HELP loan to cover their tuition fees.
You may borrow an amount up to the value of the tuition fees for your course (up to $81,600 indexed over the course of your life). It cannot be used for other expenses such as textbooks or accommodation.
Australian citizens and holders of a permanent humanitarian visa are eligible for FEE-HELP. If eligible, you will be able to opt for FEE-HELP during enrolment.
