Indicative tuition fee

The indicative tuition fee reported for the Indicative Tuition Fee for a Domestic Fee-paying Place (E496) is the approximate average cost of a course for a first year student studying full time for one year.

The approximate average cost is derived based on the tuition fee for a full time student load (1 EFTSL) for a first year student.

When reporting the indicative tuition fee for the course that is:

• 1 EFTSL or more - report the average annual fee; or
• less than 1 EFTSL - report the actual fee calculated as a percentage of 1 EFTSL

For example:

• Master of Business
  • Total course cost = $40,000
  • Standard course duration = 2 years of equivalent full time study (i.e. 2 EFTSL)
  • Indicative tuition fee is $20,000

• Graduate Diploma of Business
  • Total course cost = $20,000
  • Standard course duration = 1 year of equivalent full time study (i.e. 1 EFTSL)
  • Indicative tuition fee is $20,000

• Graduate Certificate of Business
  • Total course cost = $5,000
  • Standard course duration = 0.5 years of equivalent full time study (i.e. 0.5 EFTSL)
  • Indicative tuition fee is $10,000