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Thread: Currently Liability for Fees at UNSW

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    Currently Liability for Fees at UNSW

    Hey all, so I saw my current liability today and I just had a few questions

    1. Do I have to pay this amount or is it deferred onto HECS
    2. If deferred onto HECS, do I have to manually do that, or is automatically done since I already applied for HECS?
    3. Does this amount go up after the Census date since I won't be paying upfront?

    Thank you for any and all help!
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    Re: Currently Liability for Fees at UNSW

    1) no
    2) automatically
    3) no, you get a discount if u pay more than 500 upfront but since you're not paying it will all be defered to ur hecs
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    Re: Currently Liability for Fees at UNSW

    Quote Originally Posted by Squar3root View Post
    1) no
    2) automatically
    3) no, you get a discount if u pay more than 500 upfront but since you're not paying it will all be defered to ur hecs
    Thank you!
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    The pessimistic optimist. BLIT2014's Avatar
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    Re: Currently Liability for Fees at UNSW

    Quote Originally Posted by Squar3root View Post
    1) no
    2) automatically
    3) no, you get a discount if u pay more than 500 upfront but since you're not paying it will all be defered to ur hecs
    Pretty sure that HECs doesn't offer a discount anymore.
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    Re: Currently Liability for Fees at UNSW

    If you applied for HECS then you first enrolled, it is automatically applied for each semester. The liability will disappear after the census date.

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    Re: Currently Liability for Fees at UNSW

    Quote Originally Posted by D94 View Post
    If you applied for HECS then you first enrolled, it is automatically applied for each semester. The liability will disappear after the census date.
    Okay, that makes sense! Thank you!!!
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    Re: Currently Liability for Fees at UNSW

    How much does your current liability show?

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    Re: Currently Liability for Fees at UNSW

    Quote Originally Posted by CNSie View Post
    How much does your current liability show?
    $3850
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    Re: Currently Liability for Fees at UNSW

    $103,867

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    Re: Currently Liability for Fees at UNSW

    Quote Originally Posted by Queenroot View Post
    $103,867
    HOW!!!!!????
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    Re: Currently Liability for Fees at UNSW

    Quote Originally Posted by BLIT2014 View Post
    Pretty sure that HECs doesn't offer a discount anymore.
    oh yea my bad. From 2017 onwards there is no discount

    my advice put everything on HECS anyways
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    Re: Currently Liability for Fees at UNSW

    Quote Originally Posted by Squar3root View Post
    oh yea my bad. From 2017 onwards there is no discount

    my advice put everything on HECS anyways
    Definitely, from an investment POV no point not taking HECS (even if you can afford). It's essentially an interest free loan.

    Chuck the uni fees into a term deposit (low risk) , an index fund (mid risk) or a stock (higher risk) and profit the gap between your return and the inflation rate and take your mates to the pub or something (I worked it to be about 300 dollars or so a year in the safest option)



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    Re: Currently Liability for Fees at UNSW

    I have to pay upfront, but when I click 'Pay now' i get taken to the 'select fee statement' page, but there are 'no records shown'?
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