Postgraduate course fees drop by up to 75%

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This article is sponsored by the Sydney Business School, University of Wollongong.

After a few precarious years of navigating the effects of the COVID-19 pandemic, many Australians have found it necessary to reconsider their careers. Whether due to job loss, a change in location, or a desire for more flexible work approaches, many have considered retraining or upgrading in order to change jobs.

Returning to university for postgraduate studies not only offers this chance to reorient your career path, it can also help build a more secure future in these uncertain times. According to a report from Australian universities, those with a postgraduate degree perform better on a full-time basis than those with an undergraduate degree. In 2019, 86.8% of those who obtained postgraduate degrees were in full-time jobs just four months after finishing.

Despite the benefits offered by postgraduate degrees, one barrier that often prevents people from pursuing this type of study is the high cost.

Why Are Postgraduate Programs Usually More Expensive Than Undergraduate?

Commonwealth Supported Places (or CSPs) are places at Australian universities where the government pays a portion of a student’s registration fee – in the form of a grant, not a loan, so the student does not have need to repay this part. However, CSPs are primarily intended for undergraduate courses. Only some providers offer places at the postgraduate level, which is why it is much more difficult to find more affordable options for postgraduate studies.

The fees drop considerably in some courses. Sydney Business School at the University of Wollongong offers different grant levels depending on the choice of degree – some up to 75% off – as long as you are a domestic student who qualifies for eligibility. For the remaining non-subsidized costs, students can also defer all or part of these costs with HECS-HELP.

Why are postgraduate fees going down?

Last year the government introduced grants for a small group of courses. Why? Help Australians retrain and develop in areas of national post-pandemic priority. But the disciplines included extended beyond the expected science and education, you could also study business at a discounted rate.

One of these short-term, selected and funded courses was the Sydney Business School Graduate Certificate in Business Analysis at the University of Wollongong, which ended up attracting large numbers of students from across Australia. .

“When the government expanded eligibility to other short courses in 2021, we ensured that students could choose from relevant courses, such as graduate certificates in supply chain management. sustainability, innovation and entrepreneurship, digital marketing and data analytics, project leadership and management, ”says Professor Grace McCarthy, Dean of Business at Wollongong University. “Now we are delighted that all of our Masters courses are eligible, as students who have obtained a graduate certificate want to continue to earn a Masters degree to deepen their knowledge and skills, while others want to enroll. to a master’s degree in order to stand out. themselves in their careers.

What does lower postgraduate fees mean for average Australians?

At the macro level, all postgraduate tuition subsidies are in place to boost Australia’s economic recovery from the pandemic and fill much needed positions in priority areas. On a more micro level, these lower fees will open doors for many potential students.

“Since cost is one of the biggest barriers to postgraduate studies, the grant will allow many people to undertake postgraduate studies who otherwise would not have been able to do so,” says McCarthy. “This in turn will help them apply their knowledge and skills in the workplace, thus helping their organizations to be more competitive on the global stage. “

Another factor that can deter potential postgraduates is adjusting to their life. Sydney Business School, University of Wollongong supports students through flexible study modes, offering evening or weekend classes, and a choice of study entirely online or a mixture of online and face to face.


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