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Costs of studyingFees and costs associated with university study include tuition or course fees and general expenses to cover travel, books and materials. Tuition feesThe tuition fees students are required to pay will depend on whether their enrolment is in a Commonwealth-supported place or a full-fee place. For more information about Commonwealth-supported and domestic and international full-fee places at Monash, visit the university’s admissions website at www.adm.monash.edu.au/admissions. Commonwealth-supported place studentsAustralian citizens, New Zealand citizens or holders of an Australian permanent resident visa who are in Australia for the duration of their course are eligible to apply for a Commonwealth-supported place (CSP). Students enrolled in a Commonwealth-supported program will pay a student contribution amount (SCA) towards their studies, while the government funds the balance. Student contribution levelsUnits are grouped into four bands, and a student’s contribution level will depend on the type and number of units they will be undertaking each semester. Students typically undertake eight units each year. The following fee amounts apply to full-time students enrolled in a Commonwealth-supported place. Students studying less than a full-time load incur proportionally lower fees. The 2008 full-time, full-year contributions for a 6 credit point unit in each band are as follows:
* Pre-2008 students: The maximum student contribution amount that may be charged for accounting, administration, commerce and economics units is $7,260 (av. $908 per 6 credit point unit). For more information on course fees and to use the SCA calculator for 2007, visit www.monash.edu.au/fees/course-fees. Student contribution amount (SCA) payment optionsFor Australian citizens and holders of an Australian permanent humanitarian visa, there are two payment options. Students can either:
New Zealand citizens and holders of an Australian permanent resident visa are required to pay all of the student contribution upfront without a discount, by the relevant census date for each semester. Once you have chosen a payment option at the beginning of your course, you can change options up until the census date by contacting the Enrolments Unit in Student Administration or using the Web Enrolment System (WES) via my.monash.edu.au. HECS-HELPHECS-HELP is a way in which students can defer their student contribution payments and make the payments via the taxation system once their income has reached a certain level. HECS-HELP debts (any amount students do not pay upfront) are increased in line with the Consumer Price Index. Those who make early repayments of $500 or more on their HECS-HELP debts will receive a 20% bonus. For example, a $500 early repayment would reduce the debt by a total of $550. The HECS-HELP scheme is only available to Australian citizens and permanent humanitarian visa holders. Further information
Full-fee studentsDomestic studentsFull-fee places require the student to fund all tuition costs for a course. Tuition fees vary according to the course. FEE-HELP provides eligible students with a loan facility to pay course fees in full-fee undergraduate and postgraduate courses. Note that undergraduate students using FEE-HELP will incur an administration fee of 20%. For more information, visit www.adm.monash.edu/enrolments/fee-help. For further details about tuition fees in full-fee places at Monash, visit www.monash.edu.au/fees/course-fees/domfullfee.html. Transfer to a Commonwealth-supported placeThe Monash Achievement Awards give domestic undergraduate and honours students who are enrolled in full-fee places the opportunity to transfer within the same course* to a Commonwealth-supported place (dependent upon the availability of these places in each faculty) in the subsequent years of their course if they meet specific criteria.
For more information and selection criteria, visit the Coursework Scholarships website at www.adm.monash.edu.au/scholarships/opportunities/achievement-awards.htm. International studentsInternational students are only able to study in full-fee courses. For information on tuition costs, visit www.monash.edu/international/fees/. Tuition fees discountsWhere two or more siblings are enrolled in full-fee courses in the same semester, a discount may be available for the course fees of one of those siblings. For more information, visit www.monash.edu/fees/discounts/sibling.html. General study costsBooksMany units will require you to purchase textbooks or reading materials. Specific computer software may also be needed in some courses. You will receive a list of these materials at the start of each semester. You should allow, on average, approximately $150 per unit for prescribed textbooks (note that the editions prescribed for some units will change from year to year). The Monash campus bookshops stock copies of the textbooks, reading materials and software prescribed for units offered by faculties on their campuses. Many students opt to purchase their books second-hand. If you are buying a second-hand textbook, make sure the book has the same title, is the same edition and was published in the same year as the textbook assigned for your unit. Other study expensesEquipmentSome courses require students to purchase equipment related to their studies, for example laboratory coats, art equipment and technical implements. Information regarding course-related equipment is provided by your faculty. Second-hand equipment may be available for purchase from later-year students – check notice boards in departmental and faculty offices and the Monash Marketplace at my.monash.edu.au. If you are taking units that include field trips or work placements, your department or faculty can advise you of the expected cost. Postgraduate students may also incur costs when taking part in conferences or conducting research-related activities. Visit the Monash Research Graduate School website at www.monash.edu.au/phdschol/schols/other.html for details of grants and awards that may be available to assist with these costs. Photocopying and printingEach campus branch library has photocopying and printing facilities, usually accessed with a rechargeable swipe card. Visit the relevant branch library website at www.lib.monash.edu/libraries/ for information about costs. Printing is also available in computer labs on campus. For details about charges, visit the ITS student website at www.its.monash.edu.au/students/printing. Internet access and computer requirementsComputer facilities are available free of charge on campus for student use, but you are required to pay for printing and other non-word-processing activities, for example scanning. For IT information including internet access, check the Monash ITS website at www.its.monash.edu.au/students. Miscellaneous feesFor a full list of miscellaneous costs, including those associated with obtaining academic transcripts or attending graduation ceremonies, visit the website at www.monash.edu.au/fees/other/miscellaneous.html.
Money Matters home: Introduction: Costs of studying: Living expenses: Establishing an income: Managing your money: Getting financial help: Contact details |
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