HECS->When, where and how to pay the $500 upfront for the 20% (1 Viewer)

[Arowana21]

Answer the question....
I have already applied for the HECS thing but i also said that i will pay $500. And i also read that i have to pay b4 s1 starts.
All i want to know is when and where and how i need pay the $500..

plz help

 

[Pwnage101]

Answer the question....
I have already applied for the HECS thing but i also said that i will pay $500. And i also read that i have to pay b4 s1 starts.
All i want to know is when and where and how i need pay the $500..

plz help

see here

(first 2 should be useful)

 

[Arowana21]

should i wait till advisory day and ask about this?

cos i also dont really know what fees i am going to pay (the dollar value)

 

[Pwnage101]

i wont be attending UNSW, but if you READ the part of teh UNSW website that deals with fees (yes one exists, i assure you), it says when u log onto myUNSW it will tell u wat fees you have, and obviously this will be calculated on what units u enrol in, so if u havent enroled, wait for that

and you ahve about a month to pay it , so dont get too stressed

 

[Arowana21]

i wont be attending UNSW, but if you READ the part of teh UNSW website that deals with fees (yes one exists, i assure you), it says when u log onto myUNSW it will tell u wat fees you have, and obviously this will be calculated on what units u enrol in, so if u havent enroled, wait for that

and you ahve about a month to pay it , so dont get too stressed

i c.....
if i have enrolled etc (i can see my timetable with enrolled courses etc), where do i find how much my subjects cost?

 

[kevinx2]

Go to Fee Statement on myUNSW, but this won't be available till sometime in Feb.

Edit: Am i right about this?

 

[darkwolfzx]

I printed my fee statement out, took it to my post office and paid $500. The system took care of the rest.

Bingo

 

[Numero Uno]

see here

(first 2 should be useful)

good link

 

[BigDk]

Answer the question....
I have already applied for the HECS thing but i also said that i will pay $500. And i also read that i have to pay b4 s1 starts.
All i want to know is when and where and how i need pay the $500..

plz help

i pm'ed u the bank details. do it soon or your offer will lapse

 

[Pwnage101]

ok i have heard that the $500 minimum works like this - you get 20% off ANY AMOUNT YOU PAY ABOVE $500, ie you pay $500 before uni starts, they take it you paid 600 (because 20% of 500 is 100, so that's your 20%), and if you pay 1000, they take it as if youve paid 1200

that is, you get 20% off the amunt you pay, not the whole amount (ie paying 500 upfront does not mean you have to only pay 80% of your fees, in order to do that you would have to pay 80% of your fees upfront, and they would take it that youve paid teh full 100%)

can someone confirm?

good link

thx lol

 

[ianc]

ok i have heard that the $500 minimum works like this - you get 20% off ANY AMOUNT YOU PAY ABOVE $500, ie you pay $500 before uni starts, they take it you paid 600 (because 20% of 500 is 100, so that's your 20%), and if you pay 1000, they take it as if youve paid 1200

that is, you get 20% off the amunt you pay, not the whole amount (ie paying 500 upfront does not mean you have to only pay 80% of your fees, in order to do that you would have to pay 80% of your fees upfront, and they would take it that youve paid teh full 100%)

can someone confirm?


thx lol

yes that is correct. a lot of people assume that if they pay just $500, then they will save 20% of the full $3500 (or whatever it is) -- this is simply not true

in all honesty, there is no point in paying off hecs now: it's an interest free loan, so you may as well invest the money or have fun with it

 

[Pwnage101]

yes that is correct. a lot of people assume that if they pay just $500, then they will save 20% of the full $3500 (or whatever it is) -- this is simply not true

in all honesty, there is no point in paying off hecs now: it's an interest free loan, so you may as well invest the money or have fun with it

not entirely - isnt it indexed to inflation (which is ~3% pa)

EDIT: and what is it with everyone advising us NOT to pay our student contribution up front, even if we have the money, i mean it saves us 20% (if the degree all up costs 30 000, thats a saving of 6K)

 

[Arowana21]

I printed my fee statement out, took it to my post office and paid $500. The system took care of the rest.

Bingo

is it cos i am gonna be a new student that i can not see my fee statement yet???
cos when i log onto myUNSW, i then clik fee statement and there is nothing, but i have enrolled into my courses??!!?!

 

[darkwolfzx]

don't worry you'll see it in a few weeks time. They should also send you an email to let you know. When you see it listed in myunsw just select payment options despite it saying you don't have to pay anything. You get to choose how you want to settle payment then.

 

[hodarrenkm]

paying $500 would be $625...since they give u 20% off
full upfront = 80% of the total amount (amount u needa pay)
$625 = $500 (amount u needa pay)