Savanna Hoffman
A full-fee-paying student is a student who pays for their education instead of receiving it for free. The fees for full-fee-paying students are based on an annual course fee that is reviewed each year. These fees are calculated based on the type of student, the course, the number of units, and the study load. The fees for each unit are determined by the band that the unit falls under. Students enrolled in full-fee-paying places may be eligible for a loan scheme known as FEE-HELP to cover their tuition fees.
| Characteristics | Values |
|---|---|
| Definition | A full-fee paying student is one who pays the school directly for their education. |
| Fee calculation | The fees are calculated based on the number of units studied, the discipline of the units, the course, the commencement date of studies, the study load, and the type of study. |
| Payment options | Full-fee paying students may have access to loan schemes such as FEE-HELP, depending on their eligibility. |
| Fee due dates | There are different fee due dates throughout the year, depending on the teaching periods in which the student is enrolled. |
| Fee refunds | Students who withdraw early from a unit or course may be eligible for a full or partial refund of fees. |
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What You'll Learn
Domestic full-fee-paying students
Tuition fees for full-fee-paying places are often reviewed annually and are based on a full-time student load of a specific number of credit points per semester or per year. If a student's study load differs from the standard full-time load, their tuition fees will be adjusted accordingly. It is important for students to refer to their financial statements or invoices to understand their personal fee due dates and amounts.
In some countries, domestic full-fee-paying students may be eligible for government-administered loan programs, such as the Higher Education Loan Program (HELP) in Australia, to assist with their tuition fees. These loans have specific limits and cannot be used for additional costs like accommodation or textbooks. Students should carefully review the terms and conditions of such loan programs before applying.
It is worth noting that domestic full-fee-paying students may be eligible for a refund of fees if they withdraw early from a unit or their course. The eligibility and amount of refund vary depending on the institution's policies. Students should refer to their university's guidelines for detailed information on fee refunds.
Overall, domestic full-fee-paying students are responsible for covering the full cost of their education, and the fees are influenced by various factors related to their specific enrolment details and study choices. It is important for students to stay informed about payment methods, due dates, and any available financial support options to ensure a smooth educational journey.
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Discipline fee bands
The fees for full-fee-paying students vary depending on several factors, including the type of student (domestic or international, undergraduate or graduate), the course, the study load, and the discipline. For instance, at the University of Melbourne, domestic undergraduate students in Full-Fee Paying Places pay fees according to the discipline fee band of each individual subject they enrol in, rather than the overall course. The fees for each subject vary and are listed in the Fee Table.
At Victoria University, the amount payable depends on the band that each unit fits into, as they are not always the same, for example when enrolling in electives. The tuition fee for a unit of study is calculated by multiplying the EFTSL (equivalent full-time student load) by the band range. EFTSL refers to the study load for one year of a full-time student, where a single unit has 12 credit points, equivalent to 0.125.
The University of Sydney also bases its fees on an annual course fee that is reviewed each year. The fees are based on an EFTSL of 24 credit points per semester or 48 credit points per year. If a student's study load differs from this, their tuition fee will be adjusted accordingly.
Students at Deakin University who are enrolled in a domestic full-fee-paying place have their fees charged based on the number of units studied and the discipline to which these units belong.
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Payment methods
A full-fee-paying student is one who pays the full cost of their education, rather than receiving financial support or subsidies. The fees for full-fee-paying students are usually based on an annual course fee that is reviewed each year. This fee is typically calculated based on the number of units or credits the student is enrolled in, the discipline or subject area of study, and the student's study load.
Universities offer various payment methods for full-fee-paying students. Here are some common options:
- Direct Payments: Students can make direct payments to the university. This can be done through online platforms or invoices, direct deposits, credit or debit cards, or by cheque or cash at the university's finance office. Some universities may offer refunds for early withdrawal or provide discounts for timely full payments.
- Student Loans: Many countries offer government-backed student loan programs to help students finance their education. For example, in Australia, full-fee-paying domestic students can access the Higher Education Loan Program (HELP), which includes the FEE-HELP loan scheme. This allows eligible students to borrow up to a certain limit to pay their tuition fees.
- Financial Aid and Scholarships: Universities often provide financial aid packages, scholarships, or grants to full-fee-paying students based on academic merit, financial need, or other criteria. These can cover a portion or even the full cost of tuition fees.
- Payment Plans: Some universities offer payment plans or instalment options, allowing students to spread out their fee payments over multiple periods. This helps make the cost of education more manageable for students and their families.
- International Student Payments: International students may have additional payment methods available to them. For instance, they might be required to pay a deposit before commencing their studies or use specific payment methods for international transactions.
It is important for students to carefully review the payment methods accepted by their university and plan their finances accordingly. Universities typically provide detailed information about payment options and due dates on their websites or through their finance offices.
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International students
In some countries, international students are required to pay special fees, such as visa processing and English language exam fees. Additionally, international students may need to budget for other expenses, including health insurance, course materials, accommodation, and living costs. For example, international students in Australia are required to have Overseas Student Health Cover (OSHC) for the duration of their stay.
It is important for international students to carefully review the tuition fee terms and conditions, as well as explore the availability of scholarships, bursaries, and financial aid options offered by their chosen university. Understanding these financial considerations is crucial before accepting any offers and enrolling in a degree program.
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FEE-HELP loan scheme
A full fee-paying student refers to a student enrolled in a full fee-paying place, where the cost of a course varies across providers. The FEE-HELP loan scheme is a part of the Australian Government's Higher Education Loan Program (HELP), which provides eligible students with financial assistance to cover tuition fees. This loan scheme assists students in paying all or part of their tuition fees for higher education courses at approved institutions.
To be eligible for FEE-HELP, students must meet specific citizenship and residency requirements. They must be either Australian citizens studying at least one unit of their course in Australia, New Zealand Special Category Visa (SCV) holders or eligible former holders meeting long-term residency requirements and studying the entire course in Australia, permanent humanitarian visa holders or eligible former holders studying the entire course in Australia, or students from specific Pacific countries enrolled in an enabling course. Additionally, students must not undertake more than two years' worth of study in 12 months without provider approval.
To apply for a FEE-HELP loan, students must submit an electronic Commonwealth Assistance Form (eCAF) by the census date. This form is available from their higher education provider. It is important to note that the cost of a course may exceed the HELP loan limit, and students are responsible for checking these costs with their provider. When enrolled in a full fee-paying place, a 20% FEE-HELP loan fee is applied to undergraduate study, increasing the overall debt for that unit.
Repayments for FEE-HELP loans are managed through the Australian taxation system. Students are required to make compulsory repayments when their income exceeds the compulsory repayment threshold. Voluntary repayments can also be made at any time to reduce the loan balance. The Australian Taxation Office (ATO) provides information on indexation rates and the management of HELP debt.
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Frequently asked questions
A full-fee-paying student is a student who pays the full cost of their education.
You are a full-fee-paying student if you are not eligible for Commonwealth Supported Places.
You can pay your fees through the Higher Education Loan Program (HELP), administered by the Australian Government.
The amount you can borrow as a full-fee-paying student varies depending on the discipline fee band of each individual subject in which you enrol.
You can see your personal fee due dates on your financial statement. There are several different fee due dates in the year depending on the teaching periods in which you are enrolled.
