Fees, Charges and Refunds

Tuition Fees 2023

Prior to the commencement of each study period, students are required to pay their tuition fee in full for that study period.

PLEASE NOTE: For new enrolments, CIC cannot accept any payment of tuition fees prior to the receipt of the signed Written Agreement.

Course Tuition Fee per study period* Number of study periods Total Tuition Fee
Bachelor of Business (Accounting) $4,500 12 $54,000
Bachelor of Business (Management) $4,500 12 $54,000
Bachelor of Business (Marketing) $4,500 12 $54,000
Graduate Certificate of Business $10,000 1 $10,000
Graduate Diploma of Business $10,000 2 $20,000
Master of Business $10,000 3 $30,000
Master of Business Administration $10,000 4 $40,000
Graduate Diploma of Management Information Systems $10,000 2 $20,000
Master of Management Information Systems $10,000 4 $40,000

* Fees are based on two units of study for undergraduate and four units of study for postgraduate per study period.

Tuition fees are subject to change. However, once a Written Agreement is signed the tuition fee will be set for the duration of the enrolment. Approved deferrals and suspension of studies will not affect the total tuition fee. However, the total tuition fee will change if a student repeats a unit of study.

Any student considered a current student as of the commencement date of the study period is legally liable for the tuition amount in full as stated in your student enrolment contract.

‘Current student’ is defined as having an active current CIC Higher Education electronic Confirmation of Enrolment (eCoE) as of the start date of term. It is not determined by whether you have or have not attended classes and/or registered for subject allocation of the study period.

Fees can be paid by direct deposit to CIC, or in person by bank cheque, EFTPOS or by credit card (Visa, MasterCard or UnionPay) on Level 4. Please note that a 1.3 per cent charge will apply to fees paid by credit card.

Any student experiencing genuine financial difficulty in meeting their tuition fee obligations can see an Admissions and Payments Officer on Level 4 and discuss the possibility of setting up a payment plan.

Reminder notices for invoices will be emailed to students (where tuition fees have not been received) one week after the due date in accordance with CIC’s debt recovery processes. Invoices not paid in full by the first day of the study period or organised into an approved payment plan will incur a late payment tuition fee of $150.

If you have any questions regarding payment of your tuition fees, please contact our Finance Team at payments@cic.vic.edu.au.

Withdrawing from your Course

If you decide to withdraw from the course you agreed to commence or stop studying the course which you have enrolled in, you must withdraw formally from your studies by completing a Withdrawal Application form. Depending on your withdrawal date and reason for withdrawing, students may be eligible for a refund, as per the Student Default section of the Refund Schedule in the Fees, Charges and Refunds Policy.

When the Withdrawal Application is approved, your enrolment will be cancelled, and you will no longer appear as a debtor to the College. If you do not withdraw officially and in writing from your studies before the invoice due date, you will continue to be liable for your course fees as per your Confirmation of Enrolment.

The Withdrawal Application form is available at: https://cic.vic.edu.au/forms/withdrawal-application-form/

Non-tuition Fees and Charges

Non-tuition fees and charges are subject to change.

Enrolment Administration Fee $250
Student ID Replacement $10
Reissue of Transcript $25
Partial Transcript $25
Postage $25
Study Break Letter $0
Visa Request letter (% complete letter) $0
Late Tuition Fee Payment $150 (effective from Term 1, 2018 (26 March))
Credit Card Surcharge 1.3%
Graduation Ceremony POA
Printing (per copy) A4 B&W 10c / Colour 88c – A3 B&W 20c / Colour $1.73
Declined Tuition Payment Fee $10
Refund amounts transferred via international bank draft or telegraphic transfer $50
Overseas Student Health Cover Please refer to your health cover provider
Replacement of equipment or books which have been misused,
damaged or lost
At cost

Payment options

In all payments to CIC, please use your Student ID as the banking reference i.e. S123456. If you do not have a Student ID then please use your surname and date of birth (in the format DDMMYYYY) as the banking reference. i.e. Smith21081990.

Bank transfer BSB: 333 030


Account No: 700664369

Debit or Credit card


(credit card incurs 1.3% surcharge)

VISA and MasterCard accepted


EFTPOS at counter on Level 4, 108 Lonsdale Street, Melbourne

Bank cheque Made payable to:


CIC Higher Education

Please post to:

Finance Department

CIC Higher Education

Level 4, 108 Lonsdale Street

Melbourne VIC 3000 Australia



(international transfers only)

Swift code: SGBLAU2S

Fees Policy and Procedure

Fees, Charges and Refunds Policy

Fees, Charges and Refunds Procedure


Refunds Form

An application for a refund must be made in writing using the Refund Application Form and are issued in accordance with the Fees, Charges and Refunds Policy and Procedure.