Master of Management (Accounting and Finance)
- CRICOS Code: 085103A
Fees & scholarships
Your fees explained
Commonwealth Supported Place (CSP)
If you are enrolled in a Commonwealth Supported Place for your graduate course, your tuition fees are subsidised by the Australian Government.
You’ll pay a student contribution amount – with the amount determined each year by the Australian Government – based on the subjects you take not the overall course you are studying.
You can pay your student contribution amount to the University when you enrol (upfront), or you can defer this cost through the Australian Government’s Higher Education Loan Program (HECS-HELP) if you’re eligible.
The number of Commonwealth Supported Places available is reviewed annually by the University.
Payment of your student contribution amount can be made when you enrol (upfront), or can be deferred through HECS-HELP if you’re eligible.
HECS-HELP is the Australian Government’s Higher Education Loan Program. It enables you to borrow the amount of your student contribution and then pay that loan back once you are in the workforce and earning at a specified level. A HECS-HELP loan is not means tested.
HECS-HELP is available to eligible Australian citizens and permanent humanitarian visa holders who are enrolled in a CSP.
The Government’s Study Assist website provides more information about Commonwealth Supported Places and HECS-HELP.
Student Services and Amenities Fee (SSAF)
If you are enrolled in a Commonwealth Supported Place (CSP), you will be required to pay a Student Services and Amenities Fee (SSAF), which in 2018 was $298 for full-time students and $223 for part-time students. SA-HELP, a government funded loan scheme, is available to help eligible students pay all or part of their SSAF.
The Government’s Study Assist website provides more information about Commonwealth Supported Places, HECS-HELP and SA-HELP.
Australian Fee Places
When you apply, you will automatically be considered for an Australian Fee place if you meet course entry requirements.
You’ll pay tuition fees for each year that you are enrolled. Tuition fees are calculated according to your course and study load each semester. You may defer payment of your fees via FEE-HELP if you are eligible.
If your course is relevant to your current employment, you may be able to claim fees as a work-related tax deduction.
Tuition fees may be adjusted each year.
FEE-HELP is a loan scheme that helps eligible Australian fee-paying students (full-time or part-time) pay their graduate tuition fees.
FEE-HELP can cover all or part of your tuition fees. The Australian Government pays the amount of the loan direct to the University. You’ll make repayments on your loan through the Australian Taxation Office (ATO) whenever your income is above the threshold, or you can make voluntary repayment to ATO at any time.
FEE-HELP is not means tested and there is no loan fee for graduate study. If you already have a HECS-HELP loan from your undergraduate studies, you can still access a FEE-HELP loan.
No interest is charged on your FEE-HELP loan, however, it is indexed each year with the Consumer Price Index (CPI) in line with the cost of living.
The Government’s Study Assist website provides more information about FEE-HELP.
Graduate Access Melbourne
You can enhance your opportunity for selection and be considered for a bursary by applying for the University’s Graduate Access Melbourne scheme.
Other Financial Assistance
The University's Student Financial Aid Service can provide you with advice and information on: Student loans and bursaries/grants, Government student assistance, including Austudy, Abstudy or Youth Allowance, cost of living advice, budgeting and tax advice.
Melbourne has one of the most generous scholarship programs in Australia. Scholarships, prizes and grants can propel you to new heights and help you explore new opportunities.
With over 1200 scholarships and prizes available for new and current students, it’s more than likely there is one that you’re eligible for. For many of our undergraduate scholarships we’ll assess your eligibility when you apply for your course, so you don’t need to put in a separate application. Here are just some of the scholarships available at Melbourne.