Fees
| The 2012 Tuition Fees for new students: (compulsory) | The full-time MBA program fee is AUD$67,200 ($3,360 per subject). Full-time fees are paid per subject per term in advance and payment deadlines are notified to students at the beginning of each calendar year. |
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| Study Expenses (discretionary) | $150 per subject is a reasonable amount to budget for textbooks and other study related expenses. |
Information about our new 12 month MBA program will be available soon. To receive a brochure about the new program as soon as it becomes available, please email Jess in Admissions j.mckenzie@mbs.edu
The subject fee and total course fee are applicable to 2012. These fees are subject to annual review and may be adjusted to take into account cost increases. The School guarantees that the fee will not increase by more than 10% from year to year.
In addition, international students are required to pay a non-refundable Acceptance Fee of AUD$2,000 to secure their position in the MBA program.
Fees include the University’s Amenities and Services Fee but exclude textbooks and other study support materials. Students should budget for at least AUD$150 per subject to cover these.
International students are required by the Australian government to take private health insurance during their study program. Students should budget approximately AUD$501.50 (single) or AUD$1003.00 (family) for 17 months.
Tuition fee payment schedule
Students are required to pay their tuition fees per subject (AUD$3,360) prior to the commencement of each term. International students please note that the AUD$2,000 Acceptance Fee is payable within four weeks of receipt of our letter of offer.
FEE-HELP
FEE-HELP is an Australian government loan scheme designed to assist Australian citizens undertaking tertiary degrees, including all MBS coursework programs. If eligible, you are able to borrow the total program fee, and repayments are deducted from your taxable income. Voluntary lump sum repayments are also permitted, and may make you eligible for a 10 per cent bonus off the repayments. Before deciding on a financing method, students are advised to consult an independent financial advisor.
Further information on FEE-HELP is available on the government website http://www.goingtouni.gov.au
Please note: FEE-HELP is only available to Australian citizens. Permanent residents of Australia and international students are not eligible to participate in this scheme.
