Four ways to finance your postgraduate studies
Some things are confusing. Financing your uni degree shouldn’t be. Here are our top tips when considering heading back to uni for postgraduate study.
Photo credit: Toby Burrows
1. Check out scholarships on offer
Scholarships are not just available for undergraduate study. In fact, there are a range of both industry sponsored and faculty specific scholarships for our postgraduate students. And the best bit? You can find all scholarships that relate to your degree in one simple place. Use the UTS Scholarship Search tool, to find out what you’re eligible for.
2. FEE- HELP schemes
Postgraduate coursework students may be eligible for the Higher Education Loan Programme (HELP). There are a variety of schemes under the HELP programme, and the majority will allow you to defer your debt to the Australian Taxation Office until you reach the repayment threshold. Want more of a breakdown? Check out our website.
3. Are you eligible for a Commonwealth Supported Place?
Similar to our undergraduate degrees, a small number of our postgraduate courses are offered as Commonwealth Supported places (CSP). You can find out about whether your course offers CSP positions by using our Tuition Fees Search Tool.
4. Check in with the ATO
Did you know if your postgraduate degree is related to your current field of employment, your uni fees may be tax deductible? Even if you want to defer your payments using FEE-HELP, you’ll still be able to use this government incentive. Interested in finding out more? Check in with the ATO for a comprehensive breakdown.
Still a bit unsure about your options? The UTS Financial Assistance Service offers a range of programs and services to assist you with the financial aspects of study. You can book a chat with a financial officer or check out their self-help resources.
