FEE-HELP INFORMATION SHEET FOR DOMESTIC FULL FEE STUDENTS

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1 FEE-HELP INFORMATION SHEET FOR DOMESTIC FULL FEE STUDENTS This is n infomtion sht poducd by th Monsh Lw Studnts Socity Juis Docto Potfolio to ssist full f pying studnts (domstic) in undstnding th issus suounding th FEE-HELP lon schm. Wht is FEE-HELP? FEE-HELP is limitd lon schm, which nbls ligibl studnts with full f plc to df th pymnt of tuition fs. In 2014, th FEE-HELP lon is cppd t 96,000 nd it is indxd nnully. 1 Onc th mount of you dfd cous fs chs this limit, ny mining fs must b pid upfont dictly to Monsh, nd pymnt cnnot b dfd. Th FEE-HELP limit is liftim limit nd is not toppd up by ny pymnts tht you mk. 2 Th is no lon f fo postgdut studnts. 3 Ech lon schm is spt, which mns tht if you hv n outstnding dbt und diffnt lon schm (.g.: HECS-HELP, SA-HELP*, OS-HELP**), it dos not ffct you ligibility fo FEE-HELP lon. 4 (Th xcption is VET FEE-HELP, which is th sm schm s FEE-HELP. If you hv usd it pviously, you limit will b ffctd). Th combintion of ch of ths individul lon schms is known s you HELP dbt. HELP dbts indxd on 1 Jun ch y in lin with th CPI, which mns tht if no pymnts md, th dbt incss, s dos th limit fo ch lon schm. *SA-HELP covs ll o pt of th Studnt Svics nd Amnitis f o SSAF (pplictions fo dfmnt of SSAF pymnt vi th SA-HELP fom vilbl to ligibl studnts vi WES). **OS-HELP is fo CSP studnts undtking full tim study bod who hv t lst EFTSL of you cous of study lft to complt onc you hv finishd you ovss study (usully on unit of study). Fo mo infomtion on ligibility, pls s th Study Assist wbsit #HowMuchCnIBoow 3 #IsThALonF 4 #WillPviousStudyAffctMyEligibility 1

2 Wht is th issu? Th FEE-HELP lon schm dos not cov th full cost of th JD t Monsh. To complt th JD, you will hv to py th gp btwn th FEE-HELP lon nd th JD cous cost. This is n upfont cost tht must b pid dictly to th univsity. Agin, in 2014, th FEE-HELP lon is cppd t 96,000 5, with th totl cost of th Monsh JD pojctd s btwn 1,000-5,000 in xcss of th FEE-HELP lon, dpnding on how mny subjcts w undtkn in individul clnd ys. This is bcus th cost of subjct incss ch clnd y, nd s such, th cost of you JD dpnds on how mny subjcts you tk in ch y (.g., subjct in 2014 costs fw hundd dolls mo thn if it hd bn tkn in 2013). Futh, potntil consqunc of this is tht if you tk mo subjcts in you finl y, o study pt tim nd spd you dg ov n xt y, you will incu high cost p subjct, nd you totl cous cost will b gt. Th gp btwn you FEE-HELP lon nd th JD cous f in futu ys mins unknown bcus th cost of subjct incss ch y, nd th FEE-HELP lon is indxd ch y, with pojctd FEE- HELP dficits incsing whn compd to pvious cohots of JD gduts. Fo fnc, if it w bsd on stndd cous pogssion nding in timst (s xmpl blow) th gp would b 6, How do I figu out wht I will ow to Monsh? If you finl timst will b in 2014, thn you cn figu out th mount you will hv to py upfont this y bfo complting you JD, nd find wy to pln fo this cost.. At th bottom of this infomtion sht is n xmpl of how to clcult you own cous costs, nd blnk tmplt fo you to fill in so tht you cn wok out you own. ou will nd to look t you f sttmnts (vilbl though WES) to find th tuition f cost fo ch unit nd input tht figu into th tmplt, nd thn do th mths. If you not in you finl y in 2013 thn you will only b bl to stimt wht you my b libl fo, s w do not know th cost of subjct in Whn do I hv to py my upfont costs to Monsh? Onc you FEE-HELP limit is chd nd you outstnding cous fs in xcss of tht limit. Whn you ch you FEE-HELP limit, you f sttmnt will show you ssssd mount (th cost of th subjcts), you lon schm o sponsod mount (th mount covd by FEE-HELP), th totl mount 5 2

3 pybl (th blnc of wht you ow upfont to Monsh) fo tht f sttmnt piod, nd th du dt will b listd on tht f sttmnt. Fo most studnts this will occu in you finl y, s you n compltion of th JD (gin, th xct tim is diffnt fo vy individul, dpnding on you cous pogssion). ou should lso civ ltt fom Monsh noting tht you ning you FEE-HELP limit. Whn nd how do I py my lons to th govnmnt? Onc you incu HELP lon it bcoms n 'ccumultd HELP dbt'. An ccumultd HELP dbt includs ny unpid HECS-HELP, FEE-HELP, VET FEE-HELP, OS-HELP nd SA-HELP dbts. It lso includs ny High Eduction Contibution Schm (HECS) nd oth lons incud bfo ou HELP dbt is pid though th tx systm onc you HELP pymnt incom (HRI, bsiclly how much you n nnully) is bov th compulsoy pymnt thshold, vn if you still studying. Th thshold fo th finncil y is 51, ou compulsoy pymnt mount (mount tkn fom you sly to py you lon) is pcntg of you incom - tbl is vilbl t th Study Assist nd ATO wbsits. 8 Dbts mngd by th Austlin Txtion Offic. ou cn contct th ATO t ny tim to qust HELP ccount infomtion sttmnt to gt th blnc of you ccount. Hv you tx fil numb (TFN) hndy whn you cll ou cn mk volunty pymnts to th ATO t ny tim. Ths in ddition to you compulsoy pymnts. Volunty pymnts of 500 o mo civ discount of 5% fo tht pymnt; howv, this my b subjct to chng. 10 Wh cn I find out mo? Th bst plc is th Study Assist wbsit t: hlp/pgs/f-hlp- ou cn lso contct Monsh Connct on with qustions ( but w stongly suggst tht you do th mths youslf. Austlin Tx Offic

4 075 If you lly kn, you cn d th High Eduction Suppot Act 2003 (Cth) Rmmb to kp youslf infomd bout you cous costs nd READ OUR FEE STATEMENTS! W hop this hlps you pln fo th futu. Fo futh discussion, pls contct th Monsh LSS JD Potfolio - Studnt Rights nd Equity Offic vi jd@monshlss.com. Updtd: 17 Mch

5 How to clcult you Monsh JD Full F Tuition Fs xmpl only This tbl is bsd on stndd cous pogssion bginning in T s shown t 3 y - Full tim commndd cous pogssion by timsts Cost p T1 LAW7470 LAW Austlin Lgl Rsoning nd Ciminl Lw Mthods nd Pocdu 1 T , LAW7428 Pincipls Of Contct Lw A 3, , LAW7266 Tots Cost P 2 3 T T T T , LAW7429 Contct Lw B 3, LAW7269 Equity 4, LAW7275 Copotions Lw 4, LAW7277 Advncd Copotions Lw 3, , LAW7267 LAW7273 Popty Lw Evidnc 3, LAW7271 Tusts 3, , LAW7268 Constitutionl Lw 4, , LAW7272 Civil Pocdu 4, , LAW7331 Lwys' Rsponsibilitis 4, LAW7270 Advncd popty lw 4, LAW7274 Administtiv Lw 4, , , , , , , , , , , Totl Cost 27, Totl Cost 38, , T , T , Totl T3 Cost , , Totl cous cost: 102, FEE-HELP cp in 2013: 96, Amount pybl upfont: -6,

6 Tmplt to clcult you Monsh JD Full F Tuition Fs Pls djust th tbl to suit you individul cous pogssion. 3 y - Full tim commndd cous pogssion by timsts Cost p LAW7470 LAW7264 Austlin Lgl Rsoning nd Ciminl Lw Mthods nd Pocdu Cost P 1 LAW7428 Pincipls Of Contct Lw A LAW7266 Tots 2 LAW7429 Contct Lw B LAW7269 Equity LAW7275 Copotions Lw LAW7277 Advncd Copotions Lw LAW7267 LAW7273 Popty Lw Evidnc LAW7271 Tusts LAW7270 Advncd popty lw LAW7274 Administtiv Lw LAW7268 Constitutionl Lw LAW7272 Civil Pocdu LAW7331 Lwys' Rsponsibilitis 1 Totl Cost 2 Totl Cost 3 3 Totl Cost Totl cous cost: FEE-HELP cp in 2014: 96, Amount pybl upfont: - 6

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