Austudy: get paid to study a masters

Did you know you the government will pay you to study a postgraduate degree? Both Youth Allowance and Austudy are available to many postgraduate students, depending on a simple set of criteria.
Richard McKeon from PostgradAustralia
Richard McKeon
Team PostgradAustralia
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Did you know you the government will pay you to study a postgraduate degree? Both Youth Allowance and Austudy are available to many postgraduate students, depending on a simple set of criteria. Giving up a salary is one of the biggest costs in deciding to continue into postgraduate study, so any financial support provided to students is very important.

If you are 24 years of age or younger and studying full-time, then you still qualify for Youth Allowance during your postgraduate degree. Payment rates are between $240 and $570 per fortnight, depending on your circumstances. If you are 25 years of age or older and taking a postgraduate degree full-time, you can apply for Austudy instead. Payment rates are between $440 and $570per fortnight, depending on your circumstances.

Austudy, however, has some further eligibility requirements, and is only available for some postgraduate degrees. According to the Department of Social Services, masters by coursework degrees are eligible “...where the course is the minimum educational requirement, the fastest pathway or the only pathway to gain an entry-level qualification for a profession” (Department of Social Services).

The Department of Social Services conducts an assessment process each year and invites higher education providers to submit their professionally oriented coursework masters programs for assessment. Below is a list of all master's programs which are currently approved for Austudy (as of March 2017).

Australian Catholic University

Australian National University

Bond University

Carnegie Mellon University Australia

  • Master of Science in Information Technology (MSIT)

Central Queensland University

Charles Darwin University

  • Master of Accounting
  • Master of Professional Accounting
  • Master of Psychology (Clinical)

Charles Sturt University

Curtin University

Deakin University

Edith Cowan University

Federation University Australia

Flinders University

Griffith University

James Cook University

La Trobe University

  • Juris Doctor
  • Master of Accounting and Financial Management
  • Master of Art Therapy
  • Master of Business Analytics
  • Master of Business Information Management and
  • Master of Chemical Sciences
  • Master of Clinical Audiology
  • Master of Clinical Neuropsychology
  • Master of Clinical Prosthetics and Orthotics
  • Master of Clinical Psychology
  • Master of Community Planning and
  • Master of Counselling
  • Master of Counselling Psychology
  • Master of Dentistry
  • Master of Dietetic Practice
  • Master of Exercise Physiology
  • Master of Financial Analysis
  • Master of Financial Analysis (Financial
  • Master of Financial Analysis (Financial Risk
  • Master of Financial Analysis (Investment)
  • Master of Financial Analysis and Master of
  • Master of Financial Analysis and Master of
  • Master of Financial Analysis and Master of
  • Master of Health Information Management
  • Master of Information Systems Management
  • Master of Information Technology
  • Master of Information Technology (Computer
  • Master of International Development
  • Master of Islamic Banking and Finance
  • Master of Management (Corporate Governance
  • Master of Management (Human Resource
  • Master of Management (Project Management)
  • Master of Marketing
  • Master of Marketing Management
  • Master of Nanotechnology
  • Master of Nursing (Nurse Practitioner)
  • Master of Occupational Therapy Practice
  • Master of Orthoptics
  • Master of Paramedic Practice
  • Master of Physiotherapy Practice
  • Master of Podiatric Practice
  • Master of Professional Accounting
  • Master of Professional Accounting (Business
  • Master of Professional Accounting (Information
  • Master of Public Health
  • Master of Social Work
  • Master of Spatial Planning, Management and
  • Master of Special Education
  • Master of Speech Pathology
  • Master of Teaching (P – 12)
  • Master of Teaching (Primary)
  • Master of Teaching (Secondary)
  • Master of Teaching English to Speakers of Other
  • Master of Teaching English to Speakers of Other

Macquarie University

Royal Melbourne Institute of Technology

Monash University

Murdoch University

Queensland University of Technology

Royal Melbourne Institute of Technology

Southern Cross University

Swinburne University of Technology

University of Adelaide

Federation University Australia

University of Canberra

University of Divinity

University of Melbourne

University of New England

University of New South Wales

University of Newcastle

University of Notre Dame Australia

  • Doctor of Medicine, Fremantle Campus
  • Doctor of Medicine, Sydney Campus
  • Master of Arts (Theology)
  • Master of Counselling
  • Master of Professional Accounting
  • Master of Teaching (Primary)
  • Master of Teaching (Primary Education)
  • Master of Teaching Conversion (K-7), Broome
  • Master of Teaching Conversion (Primary)

University of Queensland

University of South Australia

University of Southern Queensland

  • Juris Doctor
  • Master of Business (Applied Finance)
  • Master of Business (Personal Financial Planning)
  • Master of Computing Technology
  • Master of Computing Technology (Extended)
  • Master of Education
  • Master of Education (Guidance and Counselling)
  • Master of Engineering Practice
  • Master of Engineering Science
  • Master of Information Systems
  • Master of Information Systems (Extended)
  • Master of Learning and Teaching
  • Master of Professional Accounting
  • Master of Professional Accounting (Extended)
  • Master of Professional Psychology
  • Master of Psychology (Clinical)

University of Sydney

University of Tasmania

University of Technology, Sydney

University of the Sunshine Coast

University of Western Australia

University of Wollongong

Victoria University

Western Sydney University

Source: https://www.legislation.gov.au/Series/F2009L04345