Fees

Acceptance Fee

Non-refundable fee due upon acceptance of a place:

Please note that the acceptance fee is not a deposit against accommodation fees (see below). In most cases, the acceptance fee is not covered by an entrance scholarship.

2025 Accommodation Fees

When paid in full on or before Friday, 24 January 2025, accommodation fees for the 2025 academic year are:

The above amounts include a 5% discount to the total fee amount (i.e. the amount due if paying by instalment - see below).

Instalment payments

As an alternative to the discounted amounts above, accommodation fees can also be paid in either four or eight equal instalments.

If you elect to pay by instalment you will be sent an invoice at least 21 days prior to each instalment due date.

The due dates for instalment payments are:

A late payment surcharge may apply if fees remain unpaid after the relevant due dates.

Please note that we are unable to offer any other payment options.

Choice of payment option

We will request the preferred payment option when confirming acceptance of a place for the year. Invoices for either the full or first instalment amounts will be emailed in early to mid-December for payment by the January due date listed above.

Entrance Scholarships

Entrance Scholarships are applied to accommodation fees in the first instance, and we will take care of the arrangements to obtain scholarship funds from the University. The scholarship amount will appear as a credit on your accommodation fee invoice. If you elect to pay in full, the credit will be applied to the discounted amount shown above. If paying by instalment, the credit will be spread equally across the instalment amounts.

For example, a $6,000.00 scholarship and paying:

Residential Dates in 2025

The move-in period is 9:00 am on Saturday, 15 February 2025 - 4:00 pm on Sunday, 16 February 2025.

The fees above cover accommodation for the period Saturday, 15 February 2025 until either 24 hours after the student's last exam or Sunday, 10 November 2024, whichever date is the earliest. Members are required to leave within 24 hours of the last exam in the interests of those still studying. Any exemption will only be given by the Master and a daily charge will apply.

Please note that for those who are required to start their course earlier than Saturday, 15 February 2025 and wish to stay at the College, an additional daily charge will apply.

Accommodation for Parents

Unfortunately, we cannot accommodate parents at the College should they wish to accompany you at the start of the academic year.

Bonds

St Margaret's College does not charge a bond.

Payment Methods

Fees can be paid by direct credit, Eftpos (in person), credit card (in-person or online - subject to a surcharge to cover bank fees), or international (telegraphic) transfer. Bank account and telegraphic transfer details are provided on invoices. Cash or cheque payments are not accepted.

The College is not responsible for any bank and/or currency conversion charges associated with making international transfers. These charges can vary from bank to bank, and as such Members’ should make these payments with field 71A option OUR selected, i.e. sender pays all fees.

Refunds

Refunds are not given when students have extra holidays during the year or are absent from the College.

Student Loans

StudyLink will not directly pay for residential college accommodation fees. Depending upon your circumstances, you may be eligible for the student allowance, which may be accumulated and put towards instalment payments.