Notre Dame is committed to making its courses affordable and accessible. (All students at universities in Australia are required to pay fees.)
There are two Australian Government loan schemes available to assist students to pay for their tuition fees: HECS-HELP and FEE-HELP. These HELP loan schemes are available for students who are Australian Citizens, holders of Permanent Humanitarian Visas and *eligible New Zealand Citizens who wish to defer their fees and make repayments when their taxable income reaches a certain threshold.
*The Australian Government has passed legislation allowing certain New Zealand Citizens to have access to HELP loans from 1 January 2016. New Zealand Citizens are encouraged to assess their eligibility by visiting: www.studyassist.gov.au.
Students who elect to take up the HECS-HELP loan scheme are required to pay back the cost of their units of study plus indexation in line with the Consumer Price Index (CPI).
Students who elect to take up the FEE-HELP loan scheme are required to pay back the cost of their units of study plus indexation in line with the CPI. In addition to this indexation, a loan fee of 25% is applied by the Government to FEE-HELP loans for all undergraduate courses.
In the 2016 - 2017 financial year, repayments commence when taxable income reaches $54,869. Under the HECS-HELP loan scheme, there is no limit on how much a student can borrow for their course of study, however, with FEE-HELP, the maximum amount a student can borrow in the 2016-2017 financial year is $100,879 and for students who study Medicine, $126,101.
N.B. From 1 January, 2017, the Australian Government has decided to abolish the 10% upfront discount for students who receive HECS-HELP and for both HECS-HELP and FEE-HELP, the 5% Voluntary Repayment Bonus will also be removed.
For more information: