After students enrol, they are sent an invoice for the exact amount they will need to pay for their program fees and other expenses. If you wish to work out what your fees will be ahead of time, the following information will assist you to do that.
Anyone enrolled in a domestic fee-paying place is consider to be a fee-paying student. A fee-paying place is a higher education place for RMIT that receives no financial contribution from the Commonwealth. The fees cover the full cost of a program.
Only students who are either:
a) Australian citizens;
b) New Zealand citizens; or
c) hold an Australian Permanent Resident Visa,
are eligible for a domestic fee-paying place.
Students who do not fall into criteria a), b), or c) should refer to the RMIT International fees site
Australian Citizens and holders of a Permanent Humanitarian Visa may:
Students who wish to defer fees must provide RMIT with their tax file number before the census date in first semester. Students may still make upfront payments if they choose to. These payments will be deducted from the amount that the Government lends a student through the HELP scheme. There is no discount available on these upfront payments.
New Zealand Citizens and most permanent residents (except holders of a Permanent Humanitarian Visa) must pay fees upfront without a discount. Payments are due on or before the census date in each semester.
Students who are in one of the above categories, but not in a domestic full-fee paying place will be Commonwealth supported students.
Domestic fee paying students pay fees based upon the number of credit points they are enrolled in for a program and the fee-per-credit-point for that program in the current year. To determine tuition fees, students need to know the total credit points they are enrolled in and the fee-per-credit-point for their program in the year of study.
Most programs at RMIT have a standard annual full-time load of 96 credit points, so students can estimate their expected tuition fee for the year by multiplying the fee-per-credit-point by 96.
They can also calculate the cost of any course in the same way. The list of courses offered by RMIT contains the credit point values for each course. The undergraduate and postgraduate full fees list(s) contain the fee per credit point for your program.
In 2008, a student will be enrolled full-time in BP129 Bachelor of Business (Accounting). To calculate the annual tuition fee for this program the student needs to multiply the number of credit points by the fees-per-credit-point as follows:
|
Credit Points |
Fee Per Credit Point |
Annual Tuition Fee |
||
|
96 |
x |
$152.50 |
= |
$14,640 |
Don’t forget to include other fees such as material fees to determine overall costs.
Some programs, for example double degrees, may require enrolment in more than 96 credit points in each year to enable students to complete the program in the allocated time. To calculate fees in these programs, students will need to know how many credit points are required in the year of their enrolment.
For example, in 2008 a student will be enrolled in the first year of the double degree BP059 Bachelor of Engineering / Bachelor of Business. This requires her to undertake 108 credit points as the full time load. Her tuition fee for 2008 can be calculated as follows:
|
Credit Points |
Fee Per Credit Point |
Annual Tuition Fee |
||
|
108 |
x |
$190.00 |
= |
$20,520 |