Fellow Uni Hopefuls...HECS or Full Fee? (2 Viewers)

[kimmeh]

Originally posted by Dash
Whats the difference with paying HECS upfront and HECS later...

Is there any advantage with paying it upfront???

EDIT: And one more thing, with paying the full fee...
What if the course is over a period of 5 years?
Do we have to pay 16K every year?

whats the difference between hecs up front and full fee?

 

[malayz_angel]

Well I want to get into arts/law for example: let's just say that's costing $17000 as a course. Paying full fee would mean paying $17000 every year that I was in the course. However by paying HECS upfront, you only pay about $6000 per year and get a 20-25% discount. The main difference besides the cost is that full fee payers can get an extra 5 points on their UAI. Eg. if law is 99.6 at Usyd, a full fee payer can get in with around 95/96

 

[kimmeh]

hmm.. so which one is better i the long run?
like i'd want the marks if i depserately want it.. but under hecs..we have to pay back government through our jobs yeah? and full fee.. its gone.. like we dont have to pay gvenement..?

 

[SoFTuaRiaL]

Originally posted by Newbie
if you pay upfront you got like 30% discount

correction : 25%

 

[tash]

if you pay full fee then if you decide to drop out of the course do you get a refund? i'm doing hecs pay later, unless my parent decide to be nice and pay them upfront

 

[Butterfly_Wings]

It is worth paying up front if you can, the discount is worth it, and adds up over 4 years of UNI! I've paid my first year up front, but I think I'll have to defer from here on in.
Also, If you don't have quite enough to pay up-front for the whole semester, you can chose to defer part of the payment, and pay part up front. (you need to pay a minimum of $500, I think.) The part you pay up front will be discounted the 25%, but the part you pay later will be at the full price.

 

[Musegirl]

Im paying HECS (well, that is IF i get into uni), all the Undergraduate courses in UoW are HECS courses

 

[christ_ine]

Haha, and now the government's saying "oh now you have to pay it all back in three years" (or something). Haha tops!

 

[Dash]

Originally posted by malayz_angel
Well I want to get into arts/law for example: let's just say that's costing $17000 as a course. Paying full fee would mean paying $17000 every year that I was in the course. However by paying HECS upfront, you only pay about $6000 per year and get a 20-25% discount. The main difference besides the cost is that full fee payers can get an extra 5 points on their UAI. Eg. if law is 99.6 at Usyd, a full fee payer can get in with around 95/96

So basically we end up paying like 4 times as much for the course that we apply for on a fee based course!
That rips!

 

[malayz_angel]

Lol...don't take my word for it...this is what I understood from my career adviser's long explanation.

 

[Butterfly_Wings]

I can't believe how many people here plan on paying full fee! Almost as many as HECS-upfront people.

 

[*~Dazed~*]

Originally posted by kimmeh
we have to pay back government through our jobs yeah? and full fee.. its gone.. like we dont have to pay gvenement..?

yeah if u pay full fee its gone but you end up paying a fortune!!!! with hecs you can pay it upfront OR you can get them to deduct it from your salary once you finish uni and get a job.... i know a few teachers who are still paying their hecs fees... but fuck man if you get the uai to do hecs... do it... why waste extra money!!!!

 

[Dash]

Sum people can spare the extra dosh

 

[malayz_angel]

Originally posted by Dash
Sum people can spare the extra dosh

Not me, unfortunately

 

[Yami]

If I get a good UAI, I'll stick to HECS. If I mess up, then my parents are going to step in and pay full fees. So I have a bit of a safety margin.

 

[Lexicographer]

Read the HECS booklet. You can find it on the UAC site

 

[malayz_angel]

Originally posted by Yami
If I get a good UAI, I'll stick to HECS. If I mess up, then my parents are going to step in and pay full fees. So I have a bit of a safety margin.

Oh...see why can't my parents be nice like yours? Have you put in your prefs already Yami? What's the lowest UAI (hecs) u can afford to get?

 

[Yami]

Yeah I put in prefs already, and I really want to get that Ancient History Honours at Macquarie. I'm not sure what you mean by the 'lowest UAI I can afford to get'. I put in a preference at UWS, so my lowest UAI goes to the 60s zone. I'm not sure if that is what you mean, though.

 

[malayz_angel]

Yeah I think thats what I meant..hehe. What is the UAI for the honours course?

 

[Yami]

It's a new course, so I don't know yet. But when I visited Macquarie they said you'll probably need a UAI of 86+