Fees and payment

Click here to download  

Note: Students pay tuition fees per unit as they progress through their study. To secure a place at SIBT, students must pay the tuition fees for the first four units of study before their program begins. If a student is only completing three units in the first session, the fourth unit’s fees will remain as a credit on their account. Fees are correct as at the time of printing. SIBT reserves the right to vary its fees at any time.

Overseas Health Cover (OSHC)

International students also need to obtain Overseas Health Cover for the duration of their studies in advance of arriving in Australia. Students can expect to pay approximately A$594 per year of study (2017).

Click here for information and rates for Allianz, our recommended OSHC provider.

Unit Fees:

 Click here to download  

Note: Only Australian citizens and permanent humanitarian visa holders can access the FEE-HELP loan scheme. Australian permanent residents and New Zealand citizens are not eligible for FEE-HELP, these students pay tuition fees per unit as they progress through their study. To secure a place at SIBT, students must pay the tuition fees for the first four units of study before their program begins.

EFTSL value

Your Effective Full Time Student Load (EFTSL) value for each session is:

• Each unit of study in an SIBT Diploma is equal to 0.125 EFTSL
• Full Time Diploma Program at SIBT, with 8 units equals 1 EFTSL
• Full Time Standard Foundation Program at SIBT, with 8 units equals 1 EFTSL
• Full Time Extended Foundation Program at SIBT, with 12 units equals 1.5 EFTSL

Financial help

Financial help, such as Youth Allowance, Austudy and Abstudy, may be available for domestic students while they study. For more information visit www.centrelink.gov.au

Payment options

In order to accept your offer at SIBT, it is necessary to pay the fees and charges due as indicated in the Letter of Offer. This will include course fees plus the Overseas Student Health Cover charge (if applicable). Student must sign and return Acceptance Form along with payment or a completed FEE-HELP form.

Students who may be eligible for FEE-HELP:

• Australian Citizens or;
• New Zealand Special Category Visa holder who meets the long term residency requirement or;
• Permanent Humanitarian Visa Holders

Students have a number of options when it comes to paying your SIBT tuition fees.

Please ensure that all fees are paid in Australian dollars and that you include your Student ID as a reference on all payments. Depending on the method of payment additional banking charges may apply.

Western Union GlobalPay for students

At SIBT we use Western Union GlobalPay for Students to make it easier for you to pay your international tuition fee payment. You can pay from your bank account with a telegraphic transfer or use a credit card.

Benefits of Western Union GlobalPay for Students:         

• It's easy, fast and affordable to pay tuition and other expenses.
  
• Make payments online, in-person or bank transfer.
• Pay student fees and expenses in your home currency.1
• Avoid foreign exchange conversion charges.2
• Get peace of mind you are getting a great deal.  If you find a lower price from your bank, we will match it. Learn more here. 3
• Track payment status updates via text and email.4
• Your payments are generally processed in just 2 to 5 business days.
• You can choose from a wide selection of payment methods that are popular in your home country. *

Need Help?

Visit our FAQ page for guidance on frequently asked questions, alternatively please email GPStudents@westernunion.com or call +61 2 8585 7221 Monday–Friday, 8.30 am – 5.00 pm AEST

1. Services to customers may not be available in all countries, territories, and currencies.
2. In limited circumstances, transaction fees may apply.
3. Terms and Conditions apply
4.  If selected by payors. Message and data rates may apply.

*Visa and Mastercard are available in specific jurisdictions only. Note: Due to banking regulations, not all currencies are available. If your home currency isn't offered, you can pay in another currency.

Credit/Debit card

To pay via Credit/Debit card, please visit the campus located at Level 4, 255 Elizabeth Street, Sydney - in person. We currently only accept Visa and MasterCard.

BPAY (via phone or internet banking)

BPAY is the online payment system in Australia which enables you to pay a bill using your Australian bank account.

The SIBT BPAY Biller Code is: 505248

BPAY reference number: check your offer letter.

Payments for returning students

Payments can be made via our Student Portal .