Diploma of Financial Counselling

Diploma of Financial Counselling - CHC51115

VOCATIONAL

Are you interested in helping people who face financial difficulty? Then this course is for you.

Student type:
Mode of study:
On campus
Entry score:

Not applicable

Duration:
Full-time 1 year
Part-time 2 years
Fees:

Fee finder

Next intake:
February
Location:
Melbourne City
Mode of study:
On campus
Entry score:

Not applicable

Duration:
Not applicable
Fees:

Not applicable

Next intake:
Not applicable
Location:
Not applicable

Overview

Learn how to provide information, support and advocacy to assist people in financial difficulty within a social justice framework.

You will learn from experienced financial counsellors, therapeutic counsellors, social workers and community lawyers who are experts in their fields.

In this course you will gain the skills and knowledge required to work as a qualified financial counsellor within community services and community legal organisations supporting people in need.

Financial counsellors have an extensive knowledge of areas of law and policy including consumer credit law, debt enforcement practices, the bankruptcy regime, industry hardship policies and government concession frameworks.

Male student leaning over to talk to seated female student

Graduate with real-world experience

Learn from experienced financial counsellors in the sector and gain some real-world experience through a 220-hour work placement.

This training is delivered with Victorian and Commonwealth Government funding.

Please note: this diploma is not available for international students intending to study on a student visa. If you are holding a temporary visa (other than a student visa) and your visa has a full study entitlement, you may be eligible to apply. For more information, see the international students with other temporary (non-student) visas.

Details

RMIT offers a variety of learning and teaching approaches including lectures, seminars, studios, workshops, presentations, group discussions and syndicate work. 

Students will learn online through the student portal and through campus activities.

Ongoing assessment through this course will include case studies, research projects, reports, group projects and practical assignments. 

The knowledge and skills you will acquire throughout this diploma and how they can be applied in your career are described in the learning outcomes.

This course is broken into 17 units, which includes 11 core units focused on counselling, financial and legal and 6 electives.

You will have the opportunity to take studies in advocacy, issues relating to homelessness, mental health, alcohol and other drugs, work health and safety, diversity, and community development.

You will also have the opportunity to participate in a 220-hour Work Integrated Learning (WIL), where you will gain practical skills through working with experienced financial counsellors in the sector.

Course structure

Choose a plan below to find out more about the subjects you will study and the course structure.

Diploma of Financial Counselling
Program code: C5360
National curriculum code: CHC51115

Title
Location
Duration
Plan code
CRICOS
Diploma of Financial Counselling
City Campus
12 Months Full-time, 2 years part-time
C5360
Location
City Campus
Duration
12 Months Full-time, 2 years part-time
Plan code
C5360
CRICOS

Career

On successful completion of this course you will be equipped to provide specialist knowledge and options to manage debt and financial difficulty and work within a model of social justice and client empowerment.

Financial counsellors are employed in community agencies and are funded largely by either State Governments or the Federal Government. Graduates may be employed in casework, community development and social justice contexts.

Some of the areas of work can include:

  • family violence
  • elder abuse
  • problem gambling including online and sports betting
  • fines
  • payday lending and similar issues.

Admissions

You need to satisfy all of the following academic (entry) requirements to be considered for entry into this course.

You should have work experience in a job role involving:

  • the self-directed application of knowledge with substantial depth in some areas
  • the exercise of independent judgement and decision-making
  • the application of relevant technical and other skills.

There are no prerequisite subjects required for entry into this qualification.

A selection task is not required for entry into this qualification.

Additional information

Working With Children Check*

Applicants will be required to hold a valid Victorian Working with Children (WWC) Check (valid for 5 years) prior to undertaking professional placement as part of this program.

Note: For placements undertaken interstate a valid WWC Check is required for that state.

National police record check*

Applicants will be required to hold a valid National Police Record Check for professional placements as part of this program.

NDIS Worker Screening Check*

Applicants may be required to apply for, and receive an acceptable NDIS Worker Screening Check prior to undertaking professional placement with an NDIS provider as part of this program.

*All relevant screening and compliance check fees are the responsibility of the student. 

Non-academic abilities you’ll need to complete this program

The following information outlines the tasks you will be required to undertake during professional experience placement and on-campus learning activities.

The non-academic abilities listed are provided for your information only and are not entry requirements.

If there are any activities outlined which may be difficult for you to undertake, there are a range of adjustments to your study conditions available to enable and support you to demonstrate these abilities. Please contact the Equitable Learning Service to discuss any adjustments you may require.

By understanding the types of activities you’ll participate in, you can:

  • understand more about the program
  • determine if you may need support during your studies
  • make an informed decision about whether the program is suitable for you

If you are living with disability, long-term illness and/or a mental health condition, we can support you by making adjustments to activities in your program so that you can participate fully in your studies.

To receive learning adjustments, you need to register with Equitable Learning Service

The University considers the wellbeing and safety of all students, staff and the community to be a priority in academic and professional experience placement settings.

Pathways

Understanding pathways

Undertaking a certificate, diploma, advanced diploma or associate degree can help you meet the entry requirements for your preferred degree. These qualifications often provide credit, reducing the duration of your bachelor degree.

Even though there are no formal pathways into this course, there are often other ways you can gain entry.

Credit, recognition of prior learning, professional experience and accreditation from a professional body can reduce the duration of your study by acknowledging your earlier, relevant experience.

Credit and exemptions will be assessed consistent with the principles of the RMIT Credit Policy.

When you successfully complete this diploma, you may be eligible to apply for further studies at RMIT such as an advanced diploma or undergraduate degree. Contact Study@RMIT to discuss your options or browse your options.

Fees

2023 fees

The tuition fees you will pay for this program will depend on whether you are offered a Victorian Government subsidised place or a full-fee place. To find out if you are eligible for a government subsidised place, follow the steps at How to check if you are eligible.

  • 2023 government subsidised place: AU$6,250* per annum
  • 2023 full-fee place: AU$12,500* per annum

*Fees shown are indicative only and subject to change given individual circumstances at the time of enrolment.

Fee finder

Use our fee finder to get an estimate of your fees for this program.

Additional expenses

*The Student Services and Amenities Fee (SSAF) rates for 2023 have been delayed by the Australian Government. The fee information will be published when they are available.

  • Student services and amenities fee (SSAF): AU$315 maximum fee for 2022*.
  • Other items related to your program, including field trips, textbooks and equipment.

Annual fee adjustment

The student tuition fees as displayed by the fee finder are indicative only and subject to change given individual circumstances at enrolment. Fees are adjusted on an annual basis and these fees should only be used as a guide.

Eligibility Exemption criteria

**The Victorian Government is currently waiving three (3) eligibility criteria around prior qualifications. This means that more people who want to study a vocational education program at RMIT, and who have studied previously, will be able to access a government subsidised place in a program. Find out how to check your eligibility

Defer your payment

The Australian Government provides financial assistance via the VET Student Loans scheme, which allows eligible students in eligible programs to defer payment of their tuition fees, up to the maximum loan amount for their program.

Payments and refunds

For information on how to pay your fees or how to apply for a refund, please see Paying your fees and applying for refunds.

*The Student Services and Amenities Fee (SSAF) rates for 2023 have been delayed by the Australian Government. The fee information will be published when they are available.

In addition to tuition fees, you will be charged an annual student services and amenities fee (SSAF), which is used to maintain and enhance services and amenities that improve your experience as an RMIT student.

The SSAF is calculated based on your enrolment load and the maximum fee for 2022* is $315. 

For more information about calculating your actual SSAF see Paying SSAF.

You may also be required to purchase other items related to your program, including field trips, textbooks and equipment. These additional fees and expenses vary from program to program.

VET Student Loans

The Australian Government provides financial assistance via the VET Student Loans scheme, which allows eligible students in eligible programs to defer payment of their tuition fees, up to the maximum loan amount for their program.

How does a VET Student Loan work?

If your VET Student Loan application is successful, the Australian Government will pay RMIT your tuition fees on your behalf, up to the maximum loan amount for your program.

Your VET Student Loan becomes part of your VETSL debt. You will start repaying your accumulated VETSL debt to the Australian Government once you earn above the minimum income threshold for repayment, which is adjusted each year (this also applies if you are still studying).

The Australian Taxation Office (ATO) will calculate your compulsory repayment for the year and include this on your income tax notice.

For more information see VET Student Loans or Study Assist.

VET Student Loan cap

If your program is eligible for the VET Student Loan scheme and has a loan cap that doesn’t cover the total amount of the tuition fees for your program, then you’ll need to pay RMIT the difference by the due date once you exceed the cap.

It’s easy for you to keep track of your VET Student Loan debt, and you can choose to make upfront payments at any time before the census date. 

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds.

The annual tuition fee for 2022 is AU$XX,XXX.

The total indicative tuition fee for 2022 commencement is AU$XX,XXX.

In addition to tuition fees you also need to pay for:

You also need to account for your living expenses. Estimate the cost of living in Melbourne.

Find out more details about how fees are calculated and the expected annual increase.

Applying for refunds

Find information on how to apply for a refund as a continuing international student.

RMIT awards more than 2000 scholarships every year to recognise academic achievement and assist students from a variety of backgrounds.

Frequently Asked Questions (FAQs)

Looking for answers or more general information?

Use our Frequently Asked Questions to learn about the application process and its equity access schemes, find out how to accept or defer your offer or request a leave of absence, discover information about your fees, refunds and scholarships, and explore the various student support and advocacy services, as well as how to find out more about your preferred program, and more.

Sorry, this program is not available for international students intending to study on a student visa.

If you hold a different visa type, you may be eligible. Please contact Study@RMIT for more information.

aboriginal flag
torres strait flag

Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business - Artwork 'Luwaytini' by Mark Cleaver, Palawa.

aboriginal flag
torres strait flag

Acknowledgement of Country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business.