Policy Schedule A: Student Payment and Fee Reversal Allocation

Schedule A: Student Payment and Fee Reversal Allocation


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Student Fee Payments and Refunds Policy

Schedule A: Student Payment and Fee Reversal Allocation

Payment Allocation Rules

1.   Payments made with reference to a Fee Statement will be allocated in the order shown:

1.1 Payments made using a specified Fee Statement number will be allocated to debts on that Fee Statement.

1.2 Payments made using a line item number on a Fee Statement will be allocated to the debt identified by that line number.

2.   Payment made without reference to a Fee Statement number will be allocated against debts in the order shown:

2.1 First, by reference to the Payment Due Date; and

2.2 then according to the Finance Category Priority (see below); and

2.3 then according to the transaction Date.

Finance Category Priority

Where a fee is reversed and the student has other outstanding debts, the credit created on the student’s account will be allocated according to the order specified by the Finance Category Priority List:

Priority number

Fee type

1

Overseas Student Health Cover

2

Student Contribution, Domestic Tuition, International Tuition, Partner Tuition

3

Student Services and Amenities Fee, Administration Fee and Penalty Charges, Student Loan

4

Subject Charges

Note: Payments will not be automatically allocated to student contribution amounts and domestic tuition fee payments where a student is eligible and has provided their Tax File Number on a valid HELP form.