Australian Institute of Business (AIB) is an accredited higher education provider and is approved to offer FEE-HELP.
FEE-HELP is an Australian Government loan scheme which helps students to pay part or all of their tuition fees, so you’re not all lumped with it at once. Put simply, you can study now and pay your course fees later.
- Eligibility is not affected by your income and assets.
- FEE-HELP covers up to $100,879 (as at 2017 – indexed annually) in tuition fees over your lifetime.
- You don’t have to start paying back your FEE-HELP loan until you earn over the minimum repayment threshold. The current threshold for 2017/2018 is $55,874.
- No loan fee applies for postgraduate courses such as the MBA.
- There’s no interest applied. Your accumulated Fee HELP debt is subject to indexation, which is applied on 1 June each year to maintain its real value by adjusting it in line with changes in the cost of living (as measured by the Consumer Price Index (CPI) figure released in March). Please be advised that debts are not indexed until they are 11 months old.
- You need to be an Australian citizen or hold the appropriate visa.
For more information about FEE-HELP, visit the Study Assist website here.
To find out more about AIB course fees and key dates, please visit the Information for Students page.
Want an online MBA and FEE-HELP info pack? Click here
Defer the costs of a full-fee paying course
If you’re an Australian citizen, a permanent humanitarian visa holder or an eligible New Zealand citizen* studying a postgraduate award course, you may be eligible for FEE-HELP, a government loan scheme that allows you to repay your tuition fees once you start earning above a certain annual salary.
FEE-HELP – Study Assist is an Australian Government loan scheme that assists eligible fee paying student’s pay all or part of their tuition fees.
For any information about FEE-HELP, visit the Study Assist website here.
Eligibility for FEE-HELP is governed by certain criteria around your citizenship or residency status, in accordance with the Higher Education Support Act (2003).
*The Australian Government recently passed legislation permitting eligible New Zealand citizens to access HELP assistance.