PodBlack Cat Blog

$10,000 discount for maths, science degrees under HECS changes

by podblack on December 30, 2008

The AustralianDEGREES in maths and science will be offered at discounts of more than $10,000 under changes taking effect on January 1.

The changes will slash the cost of HECS charges for students studying these degrees from $7412 to $4162 a year, substantially reducing the cost of a three-year degree.

Graduates who take up primary school teaching positions will be eligible for a refund of about half their HECS-HELP repayments for up to five years. This would amount to an individual benefit of up to $1500 per year for five years.

From January 1, the Rudd government will also move to implement its longstanding election pledge to abolish full fee degrees in Australia, blowing a multi-million dollar hole in the budgets of many cash-strapped universities.

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