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EIBT does not offer financial assistance in the form of scholarships or loans. However, EIBT Diploma students may be eligible for the Australian government's FEE-HELP scheme. What is FEE-HELP?
Am I eligible for FEE-HELP?
How do I apply for FEE-HELP?
Is there a limit on how much I can borrow under FEE-HELP?
When will my FEE-HELP loan have to be repaid?
Is there any incentive to voluntarily pay off my FEE-HELP loan?
What are the tuition fees at EIBT?
What are census dates and when are they?
What happens if I withdraw after the census date?
What happens if EIBT ceases to offer my program?
Where can I get further information?
What is FEE-HELP?
FEE-HELP is an interest free loan that helps eligible fee paying students pay their tuition fees. The accumulated debt is indexed according to the Consumer Price Index (CPI). It applies to undergraduate, postgraduate coursework and research study. At EIBT eligible students can use FEE-HELP for Diploma level programs only. Back to top Am I eligible for FEE-HELP?
Australian citizens and holders of permanent humanitarian visas are eligible for FEE-HELP assistance. The following students are NOT eligible for FEE-HELP - New Zealand Citizens; and
- Permanent visa holders (other than holders of a permanent humanitarian visa)
- Overseas students
These students must pay their tuition fees upfront. Back to top How do I apply for FEE-HELP?
If you wish to pay for part or all of their tuition fees through FEE-HELP you must complete and sign a ‘Request for FEE-HELP Assistance’ form available from Australian Government website: www.goingtouni.gov.au. This form is also available from EIBT. On this form you can elect to pay a portion of fees directly to EIBT, and the remaining debt will be registered as a loan through the Australian Taxation Office. Back to top Is there a limit on how much can borrow under FEE-HELP?
Eligible people may borrow up to the FEE-HELP limit to pay tuition fees over their lifetime. From 1 January 2008, the FEE-HELP limit will be $81,600, unless a person is undertaking a medicine, veterinary science or dentistry course. If they are, the FEE-HELP limit is increased to $102,000. The FEE-HELP limit is indexed on 1 January each year. Back to top When will my FEE-HELP loan have to be repaid?
The ATO will take compulsory repayments through the taxation system when your income reaches the minium threshold for compulsory repayment (approximately AUD$36,000). Back to top Is there any incentive to voluntarily pay off my FEE-HELP loan?
Yes. A 10% bonus will be granted for any voluntary payments over AUD$500. Back to top What are the tuition fees at EIBT?
Tuition fees at EIBT are different for Australian and international students. Full details can be found here . Back to top What are FEE-HELP census dates and when are they?
The census date is the last day to withdraw without incurring a fee-help liability for the course. Please note that if you withdraw in the 3rd or 4th week of the semester you will be liable to pay a $150 per course administration fee to EIBT (see full cancellation and refund policy here). The census date for all courses in 2007 and 2008 will be the end of the 4th week of each SAIBT semester. Semester 1 (Feb) | March 28 | Semester 2 (June) | July 25 | Semester 3 (October) | November 14 |
Back to top What happens if EIBT ceases to offer my program?
If EIBT ceases to offer the program you have enrolled in, you will be either offered a place in a similar program with another education provider, OR you will receive a refund according to the details set out in the Statement of Tuition Assurance . For further information please contact Ken Montgomery at EIBT on 08 8410 8062. Back to top
What happens if I withdraw after the census date?
Students who have requested FEE-HELP assistance and withdraw after the census date will have a debt with the Commonwealth that they are legally required to repay. You cannot withdraw after the census date without incurring a FEE-HELP debt. Back to top Where can I get further information?
For detailed information, including a ‘The FEE-HELP information booklet’, please refer to the following Australian Government website: http://www.goingtouni.gov.au/ and follow the links to scholarships - Undergraduate’, or contact Ken Montgomery at EIBT on 08 8410 8062. Back to top Please note, you are only able to use FEE-HELP to pay for Diploma level programs, and then only if you are an Australian citizen. Other methods of payment must be used if you are enrolling in a different program, or if you are an international student. Related Links
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