Help with uni tuition fees?

[Rumblyvike]

Hi

We are considering a move to Melbourne in July 2019 (ish). One of the many hints we need to find out before we make a final decision is around uni fees. Our two eldest kids will be finishing sixth form in June 2019 ready to start uni in Jan 2020 in Oz. Both will be permanent residents, were coming in on my Nursing qualification visa, in most probability. 

I cant see that they we will be eligible for any sort of student loans, so does this mean we'd have to pay their tuition fees in full?! Just can't see that being something that is doable, so if so this is likely a deal breaker :-( 

Any advice? 

Thanks x

[AJ]

You will be charged domestic fees but you will have to pay upfront by the term I think.  You cant get Hecs or VET Fee Loan unless you are a citizen.

[ali]

Yes you will get domestic fees (cheaper), but have to pay up front each term. Hecs (student loan) is only available to citizens

[Rumblyvike]

Ah, okay. So not the $18,000 a year I saw on one website then? Because for two kids, that's just not going to be affordable! Does anyone know roughly how much termly fees are for a full time course? (Ballpark figure)

What are the other costs like? Is accommodation expensive, or do kids live with their parents? 

Thanks 

[Guest]

In cities, most kids attend a home city uni so tend to live at home with their parents. Student accomodation tends to be for international or students from the country. 

[Rumblyvike]

4 minutes ago, snifter said:

In cities, most kids attend a home city uni so tend to live at home with their parents. Student accomodation tends to be for international or students from the country. 

Thanks snifter. Will be able to hang onto my babies for a bit longer, and cheaper -win/win!

[NickyNook]

1 hour ago, Rumblyvike said:

Ah, okay. So not the $18,000 a year I saw on one website then? Because for two kids, that's just not going to be affordable! Does anyone know roughly how much termly fees are for a full time course? (Ballpark figure)

What are the other costs like? Is accommodation expensive, or do kids live with their parents? 

Thanks 

No, definitely not that high for domestic fees. The student contribution amounts per year vary depending on type of course but the ranges are listed here:

http://studyassist.gov.au/sites/studyassist/helppayingmyfees/csps/pages/student-contribution-amounts#2016

Basically annual fees are between $6.3k - $10.5k. 

[Rumblyvike]

Thanks Nicky. So back home the kids were going to have to get a loan for the £9000 fees, but then we'd worked out that because of our salary, they'd not get much maintenance grant, so we were going to have to pay their accommodation fees of approx £1000 a month between them, plus their living costs. 

So if they live at home, then even paying their fees at a mid point of $8000 a year each, that's still only $16000 a year; $1300 a month. And they graduate without £50k of debt each. Can't see the downside to that really? 

[ali]

You have to pay the fees up front - start saving lol

[Rumblyvike]

Termly, I gather? Not all three years up front! 

1 hour ago, ali said:

You have to pay the fees up front - start saving lol

 

[Sammy1]

You have to pay at the beginning of each semester, there are two semesters a year.

Many students have a part time job whilst at uni, which helps.

[M1sery]

On 09/04/2017 at 9:57 AM, Rumblyvike said:

Ah, okay. So not the $18,000 a year I saw on one website then? Because for two kids, that's just not going to be affordable! Does anyone know roughly how much termly fees are for a full time course? (Ballpark figure)

What are the other costs like? Is accommodation expensive, or do kids live with their parents? 

Thanks 

It depends where you are moving too Regards accommodation