Treasurer Jim Chalmers on Monday said the upcoming May 14 budget will consider providing relief for university student financial issues such as unpaid placements and disproportionately increasing HECS-HELP debts. Latest inflation numbers released on Wednesday say HECS repayments will increase ...
More »Clare flags university accord progress
Federal education minister Jason Clare will announce the details of the Australian Universities Accord, including its panel of “eminent Australians” and their terms of reference, next month. Speaking to the University Chancellor's Council last week, the minister said the bipartisan ...
More »What the 2022 budget means for universities
Research was granted the bulk of university funding in Treasurer Josh Frydenberg's fourth budget last night. The Morrison Government’s $2.2b University Research Commercialisation Action Plan was announced in February, and is scheduled to roll out $1b over five years, with ...
More »Budget 2021: Return of international students crucial, yet investment in skills widely welcomed
The safe return of international students remains a key concern for Australian universities, despite several budget announcements that have been welcomed by the sector. Universities Australia (UA) said the assumed international border closures until mid-2022 pose significant challenges for Australia’s ...
More »The return of international students and micro-credential loans among UA’s pre-budget recommendations
The peak body for Australia’s 39 public universities has released 12 initiatives ahead of Tuesday’s federal budget, including prioritising the return of international students and the provision of HELP-style loans for micro-credentials. Universities Australia (UA) CEO Catriona Jackson said the ...
More »HECS debt blows out to $23b
The number of students in hoc to the federal government – and the debt – has never been higher. Australian university student HECS-HELP debt is the highest in history, currently more than $23 billion. The average debt per student is ...
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