Fee Options

The Bachelor of Commerce at the University of Melbourne offers different entry pathway options for prospective students. Each of the pathways is described below:

• Commonwealth Supported Places
• Access Melbourne
• Australian fee places
• Other Australian fee-paying options

Commonwealth Supported Place
A proportion of Commonwealth Supported Places are available to new students. If you accept a Commonwealth Supported Place then the Australian Government will contribute towards the cost of your course. The Government will also set a maximum limit on how much the University can require you to contribute for a Commonwealth Supported Place. That limit depends on the degree that you do and the subjects you choose.

For the Bachelor of Commerce, yearly student contributions for 2007 will typically be $7,118. Updated information about student contributions to Commonwealth supported places can be found at: www.services.unimelb.edu.au/admissions/coursefees/

If you accept a Commonwealth supported place, you do not have to pay your contribution fees immediately. The Government will lend you the money and allow you to defer payment until after you begin earning $38,149 per year. This loan is known as a HECS-HELP loan.

For more information about HELP loans and Commonwealth Supported Places in general, refer to:
www.goingtouni.gov.au

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Access Melbourne
The Access Melbourne program provides the opportunity to address the educational, social and financial barriers faced by many students who may otherwsie find it difficult to enrol at the University of Melbourne.

Access Melbourne is a combined special entry and scholarships scheme aimed at increasing the participation of students from diverse backgrounds.

In 2007, 20 per cent of the University's new undergraduate Commonwealth supported places (also known as HECS places) will be offered to students who have applied through Access Melbourne.

This quota will be separate to the other Commonwealth supported places on offer.

Access Melbourne Scholarships
All Access Melbourne applicants will be considered for a Melbourne Access Scholarship (provided that you indicate you are interested in being considered on the online application form).

The benefits of the Melbourne Access Scholarships are a $4,000 annual contribution towards your HECS fees and a $2,000 annual allowance for up to four years.

For more information, see the University's Access Melbourne brochure or visit www.access.unimelb.edu.au
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Australian fee places
For students who meet the entry requirements for Melbourne but do not receive a Commonwealth supported place, Australian fee places are available.

For students studying eight commerce subjects (100 points) in the Bachelor of Commerce in 2007, the yearly student contribution will typically be $20,250.

If you accept an Australian fee place then the Australian Government will not contribute towards the cost of your course, and you will need to pay the full tuition fee for the course as set by the University. The fees you pay enable the University to cover the costs involved in delivering the place.

Students in Australian fee place enrolment can pay their fees in yearly, semester or bi-semester instalments. The Government's Higher Education Loan Program (HELP) can also assist students in fee-based enrolment.

The HELP scheme operates in a similar way to HECS in that students can borrow the money they need to complete their course and repay it once they are working and earning $38,149 or more per year.

A loan fe of 20% applies to these loans for undergraduate fee-based enrollment at present, you can borrow up to $80,000 from the Government (subject to the passage of legislation). Depending on your subject choices, this will cover most of the fees for your degree.

For more information about HELP loans, visit: www.goingtouni.gov.au
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Other Australian fee-paying options
Students who have enrolled in a course as an Australian fee student and have subsequently achieved excellent results will be given the opportunity to transfer for the remainder of their course to a Commonwealth Supported Place. This is because for some students, performance at Year 12 is not the best indicator of future academic success. Some students mature academically at a later stage of their development and subsequently prove to be outstanding students.

The means if you mkeet an academic achievemnt standrad in your first or second year of study in an Australian fee place in the commerce degree, you are assured of a transfer to a Commonwealth supported place for the remainder of your course.

To be eligible for a transfer, you must achieve an average of 75% in your first year of study, or an average of 75% across your first and second years of study combined.
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