Course Payment Options


Course Payment Options



These course payment options are available to all students (subject to eligibility) undertaking training at Grayclay

Grayclay offers a range of flexible payment options which include fee for service and payment plans. Find one that suits your budget and preferred way of paying bills.

Option 1 - General Fees/Fee for Service

Students studying as either online or on-campus fee-paying students will be required to enter into a direct debit arrangement for the duration of their study, making weekly payments, if their fees are greater than the required deposit of $1500.00.

For example, a student studying a course over the period of a year, the course price is $10,000. They will pay a deposit of $1500.00 and the remaining fee of $7500 is divided over 52 weeks of the year.  Therefore 52 weekly payments of $144.23. The direct debit payment plan has a $100 set up fee.

Fees will vary depending upon the chosen course and study load. You can choose to enroll as a full-time, part-time, and even per unit student at some training divisions, depending on your work, family, and financial commitments.

Some forms of transactions attract a fee, see Schedule of Administrative Fees

Option 2 – VET Student Loans (applies to specific courses only)

VET Student Loans is an Australian Government loan scheme that assists eligible students to pay their tuition fees for certain eligible courses listed on the Approved Course List and undertaken at approved course providers. It allows students to borrow funds up to the cap set for their chosen course of study and up to their FEE-HELP limit to help pay for part or all of their tuition fees. Students who access VET Student Loans assistance will have a loan from the Commonwealth who will, on the student’s behalf, pay their tuition fees to their approved VET provider up to the capped amount.

Tuition fees, also known as the student contribution amount, is the amount a student will pay for each course that they undertake.

As a student, your tuition fees will be split up over the duration of your course (this will depend on what course you are undertaking and whether you are studying at a full-time or part-time study load) and will include one census date per fee period.

A census date is the last date a student can apply for/access VET Student Loans and the last day that a student can withdraw from a unit of study without incurring a debt. Withdrawal after the census date means that a proportion of your tuition fees will be debited from your VET Student Loans balance.

The census date must be at least 20% of the way through the study period for that unit of study (which should include normal study breaks and assessment or exam periods). Grayclay provides students with a Statement of Covered Fees prior to the commencement of their course and will also provide a VET Student Loans Fee Notice prior to each census date and commencement of the unit of study/fee period. For more information on census dates, please click here

Eligible full-fee paying students have the opportunity to apply for a government loan to help pay tuition fees. Are you eligible? Click  Vet Student Loans Information Booklet to find out. Further resources regarding Vet Student Loans can be found via Study Assist

For more comprehensive information about VET Student Loans and how it can apply to you, please go to the following link: 


  • Additional course requirements cannot be funded by VET Student Loans
  • VET Student Loans are a repayable loan and attracts a 20% loan fee increasing the total amount payable to the government

Option 3 – Study Loans

Grayclay is proud to be partnered with Study Loans – the first dedicated private student loan provider in Australia.

They offer students with competitive interest rates and flexible payment schedules making it easier to fund your studies.

For any students wishing to utilise Study Loans to assist in funding their course fees; we recommend visiting their website by clicking here. This will provide further information on calculating your repayments and determining the pre-qualification factors.


  • Credit criteria, terms and conditions, fees and charges apply.
  • Students should always seek independent financial advice before making a decision on a financial product.
  • Study Loans. ACL 498589.


Other Options - Fee support and tax deductions

Student and/or Personal Loans

Most banks offer student loans at fairly competitive rates to students studying Nationally Accredited courses. For a comparison between student loans, please visit:

Tax Deductions

Contact the Australian Taxation Office or a qualified accountant to assist you with accurate and appropriate information regarding tax deductions associated with study.

Grayclay, are not financial advisors, information provided on this website is general in nature and does not constitute financial advice.

Grayclay will endeavor to update the website as needed. However, information can change without notice and Grayclay does not guarantee the accuracy of the information on the website, including information provided by third parties, at any particular time.

 Individuals must not rely on this information to make a financial or investment decision. Before making any decision, we recommend you consult a qualified accountant to take into account your particular investment objectives, financial situation, and individual needs.