Fees & Charges Policy & Procedure
ABS Institute of Management (ABS) is a Registered Training Organisation (RTO) and operates in accordance with the Standards for Registered Training Organisations (RTOs) 2015. As such we endeavour to make entrance to all programs financially viable for all students by offering flexible payment options to meet individual needs.
The details contained in this policy are broadly outlined under four sections:
- Private training and tuition (fee for service)
- Government funded traineeships (Future Skills WA)
- Miscellaneous charges
- What will the fees be?
Please note: If ABS cease operations or the course/program offered is no longer delivered or does not commence on the agreed date we will refund any fees paid in full.
Private training and tuition (fee for service)
Fee amounts, terms and conditions will be provided in information located either on the ABS website or by contacting our organisation and enquiring about course availability, delivery and relevant fees. Information literature will inform clients of any additional costs involved in undertaking their chosen course. Completion of an enrolment form by a candidate and acceptance of the enrolment by ABS constitutes an agreement to honour the contract outlined.
Note: for current fees please refer to the link located at the bottom of this page under What will the fees be?
To be considered an enrolled student you must confirm one of the following payment options upon enrolment:
- Pay the fees by part payments (10% deposit on enrolment and balance in part payments [not exceeding $1500 per payment] over the nominal term of the program);
- Pay the fees by monthly instalment (10% deposit on enrolment and monthly terms for balance).
- Present a signed authority from your employer to invoice fees and charges;
Payments can be made by: Direct Bank Deposit, Visa or Mastercard.
Payment by instalments
Payment plans can be negotiated if clients are seeking to vary the standard payment arrangements.
- Instalment amounts will be calculated to be paid in intervals as agreed between the client and the manager of ABS.
- If regular instalments are not made during this time, assessment will cease until payments are resumed and no certificate will be issued until full payment of the course is finalised.
Recognition of Prior Learning (RPL)/Recognition of Current Competencies (RCC) Fees
Fees will be negotiated with students prior to the application being made depending on the number of units being undertaken. Fees are payable at the time of submission. For further details about RPL/RCC including definitions please see additional information below.
No charge. For further details about Credit Transfer including definitions please see additional information below.
Government Funded Training (Future Skills WA)
This section sets out the fees and charges that apply to training funded by the Western Australian Department of Training and Workforce Development (DTWD) and delivered by ABS Institute of Management.
The Department of Training and Workforce Development’s VET Fees and Charges Policy requires ABS Institute to collect fees and charges for students undertaking publicly funded vocational education and training (VET) in Western Australia in accordance with the provisions of the Vocational Education and Training Act 1996, Vocational Education and Training (Colleges) Regulations 1996 and/or, where appropriate, as specified in our contractual arrangements.
Department of Training and Workforce Development: VET Fees and Charges Policy
Eligibility for traineeships
Not all students are eligible for government funded traineeships. Prospective students should contact ABS Institute to discuss their eligibility.
Total fee payable
The total fee payable by an individual student undertaking a publicly funded Traineeship with ABS Institute is comprised of the course fee and resources fee as detailed below. For current fees please refer to the link located at the bottom of this page under What will the fees be?
Course fees and resource fees
ABS Institute is required to charge students, accepted on a traineeship, a course fee based on rates set by the Department of Training and Workforce Development. The rate set per nominal hour by the Department for this year is $3.25 (new worker). The nominal hours for each unit within a qualification is also set by the Department.
In addition to the course fees ABS Institute charges a resource fee of $25 per unit to cover the cost of manuals, handouts and other materials supplied to students.
Fees applying to units attended in future years
The fees noted above apply for units completed this year. New rates may apply to units commenced in the following year and beyond, as per the Department of Training and Workforce Development’s VET Fees and Charges Policy’s gazetted unit hour fee.
Students will be invoiced this year only for the portion of their training they are scheduled to commence this year (as per their training plan). Those who are scheduled to commence training in subsequent years will be issued an invoice for that portion of the training when the new fees become available.
Students who are invoiced for training which is scheduled for this year, but defer their training until next year, will be required to pay for the deferred training at the following years rates, and an adjustment invoice will be issued prior to or shortly after their commencement at training in the following year.
RPL assessment fee
Recognition of prior learning (RPL) involves the assessment of previously unrecognised skills and knowledge an individual has achieved outside the formal education and training system in respect of a specific unit. RPL is an assessment process that assesses the individual’s non-formal and informal learning to determine the extent to which that individual has achieved these required learning outcomes or competency outcomes.
Students wishing to seek RPL for one or more units in their traineeship will be charged at the RPL assessment rate.
For current fees please refer to the link located at the bottom of this page under What will the fees be?
*Student tuition fees (course fees) are indicative only and are subject to change given individual circumstances at enrolment. Additional fees may apply such as student service and resource fees.
Other miscellaneous charges apply to the services provided by ABS. These include:
- $50.00 for a re-issue of a Certificate, Qualification or Statement of Attainment
- Re-sitting of assessment where two attempts have previously been made
- A 20% collection fee for overdue accounts that are handed over to debt collectors