Financing your degree
The Melbourne Graduate School of Management offers all of its coursework programs on a full-fee basis, for both local and international students. Fees are calculated and charged according to the number of subjects studied each semester. Fees are normally paid twice per year as part of the confirmation of each semester’s enrolment. Students may apply to pay fees in quarterly instalments.
A number of Commonwealth Supported Places (CSPs) are available in the Master of Management programs and the Master of Professional Accounting. The Faculty also offers a wide variety of scholarships.
International student fees
The annual fee for full-time international students commencing in 2010 is $29,030 ($3,628.75 per 12.5 credit point subject). For research programs this is an overall annual fee.
Local student fees
The annual full-time fee for Australian citizens, Australian permanent residents and New Zealand citizens commencing in 2010 is $25,310 ($3,163.75 per 12.5 credit point subject).
FEE-HELP
FEE-HELP is a loan program that assists eligible fee paying students to pay their tuition fees. Australian citizens and holders of a permanent humanitarian visa are eligible for FEE-HELP. Holders of other permanent visas are also eligible for FEE-HELP if they are undertaking a bridging course for overseas trained professionals.
Students may not exceed the FEE-HELP limit ($50,950 lifetime, indexed). Full details on FEE-HELP can be found at: www.goingtouni.gov.au
Commonwealth Supported Places (CSPs)
A Commonwealth supported place is a higher education place for which the Australian Government provides funding towards the cost of your education. If you are eligible, you may be able to use a HECS-HELP loan to help pay your remaining student contribution. CSP's will be allocated on the basis of the following:
- applicants for the Master of Management (Accounting), Master of Professional Accounting and Master of Commerce (Finance)
- academic achievement (see below for required grade point average)
- second year Master of Economics, Master of Commerce (Management) and Master of Commerce (Marketing) students
- other Master of Management applicants (depending on availability)
You can read detailed information about CSPs at www.goingtouni.gov.au Below is a summary:
4 things you should know about CSPs:
- CSP’s are available to Australian and New Zealand citizens and holders of Australian permanent residency visas
- CSPs are awarded on the basis of academic merit (University of Melbourne 75% grade point average or equivalent)
- CSPs are available to full-time and part-time students
- Melbourne University is one of the only Australian universities to offer CSPs at graduate level
How much will a CSP alter my required contribution?
For a student entitled to a CSP in 2010, the estimated full-time yearly contribution is $8,859 ($1,107 per 12.5 credit point subject).
How do I apply?
To be considered for a CSP, you must submit your application by:
Semester 1 (February) entry: 30 November
Semester 2 (July) entry: 31 May
Applicants will normally be notified within 2 weeks of applying for a CSP.