Payment Options

At IIT, we understand that it may not always be possible to afford the course you want, especially those offered by some of IIT’s competitors who charge up to $4,400 – and that’s just for a Diploma of Financial Planning! If you go on to do further study with them you’ll probably end up paying almost $10,000 in course fees – wouldn’t you rather spend that on a fabulous overseas trip to Paris, London or Rome?

IIT delivers quality learning at an extremely affordable price! We keep our fees LOW so that you can get the job you’ve always dreamed of without the need to take out a loan.

To assist you in better achieving your education goals, we have designed some payment plans to help ease the burden.

1. INSTALMENT Plan

If you’d prefer to complete one of our nationally recognised qualifications over time, then why not simply enrol one course at a time? For example, our Diploma of Financial Services (Financial Planning) is made up of FOUR courses. Therefore, you could choose to enrol and complete ONE course at a time. This means you don’t have to pay for the full Diploma in one lump sum.

2. BUSINESS TO BUSINESS Plan

IIT also appreciates any organization which chooses us as their preferred education provider. In this way, we offer generous DISCOUNTS on any COURSE/QUALIFICATIONS undertaken. Minimum student numbers are required. For further details please contact one of our friendly Education Consultants.

3. GOVERNMENT FUNDING Plans

The Federal Government believes in the Australian Education System as one of the best in the world. The Government believes education is the way to creating a better Australia. As a result, the Federal Government has several Financial Assistance Plans available to people wanting to undertake courses offered by private education providers / Registered Training Organisation (RTO). These include:

a) Victorian Training Guarantee- Victorian Residents

The Victorian training guarantee is a Victorian Government initiative which provides educational opportunities for upskilling and reskilling of all Victorians on a demand basis. The inititative enables all Victorians who meet the criteria to access a training place within an accreditied training institution with the tuition fees being paid by the Victorian Government.

To meet the criteria the prospective student must be either a permanent resident or Australian citizen.Additionaly the course being undertaken must be a Nationally Recognised Qualification. Prospective students will be eligible to study for a qualification above any prior qualifications they already hold.

The Victorian Training Guarantee does not apply to qualifications at the same or lower level qualifications the prospective student already holds.

Please click here for further information.

b) Parents Return to Work Program – Victorian residents.

The Returning to Earning program provides support to parents to return to work after an absence caring for children by providing assistance to broaden and deepen their skills. Grants of up to $1,000 are available which can be used to cover any costs associated with approved training, such as books and materials, course fees, transport and childcare.

It is a Victorian Government initiative so only available to Victorian residents. Courses and qualifications offered by IIT enable parents to develop work-related skills and earning potential in their spare time. Because our courses are offered by Distance Education students/parents can stay home to look after children and still be eligible for the grant. At IIT, all learning materials, including textbooks, are included in the course fee.

For further information about your eligibility for the Parents Returning to Earning grant, contact one of our Education Consultants on 1300 88 33 46 or email education@iit.edu.au, or visit www.returningtoearning.com.au to learn more about the program.

c) AUSTUDY and ABSTUDY

Austudy and Abstudy are financial assistance programs offered by the Federal Government. Austudy provides support for students and Australian Apprentices aged 25 or over.

You may get Austudy if you are a:

• full-time student aged 25 or over undertaking an approved course at an approved institution. Approved courses generally include secondary education courses, undergraduate courses, associate diplomas and some other diplomas, TAFE courses and some post-graduate courses. From 1 January 2008 certain Masters courses that are required for professional entry will also be approved, or

• full-time Australian Apprentice aged 25 or over with a current Commonwealth Registration Identification number.

You must also:

• be an Australian permanent resident
• be in Australia on the day you claim, and
• have lived in Australia for a total of two years

Please contact your nearest Centrelink or JobNetwork Member office to find out more details.