Financial wellbeing
If you are doing it tough financially – whether it be that you aren’t sure how you’ll afford your course or have the bills stacking up – there are a range of financial services to help keep you afloat.
Scholarships, loans and grants are all available, as is external financial support for example HECS-HELP, Centrelink, Study in Australia and International Student Support. The University’s career services can also help you to find a job.
If financial concerns are causing you stress or anxiety, book an appointment with a Wellbeing Advisor. This Student Wellbeing Services flyer provides information about the key support available to students at University of Newcastle.
Seeking help at University of Newcastle
Domestic Students and International Students
Student hardship vouchers are available to students in financial hardship who demonstrate genuine need and whose continued study might be placed in jeopardy without additional assistance. These vouchers can be provided as a physical or electronic voucher. To apply please email completed documentation to Financial Wellbeing.
How to apply
- Hardship Voucher Form (PDF, 493KB)
- Two forms of identification including your student card
- Current Bank statements (all accounts you hold, full month of transactions)
- Centrelink Income Statement and/or pay slips or payment advice from employers
Eligibility
Applications for Hardship Vouchers will only be considered from students who:
- Are currently enrolled
- Demonstrate financial hardship
Maximum voucher amount
Eligible students may be provided up to $200 in an academic year.
Domestic Students Only
Student Hardship Grants are available for students experiencing extreme financial hardship. Hardship Grants are provided to help with accommodation costs, basic living costs (including medical), textbooks and course material/equipment costs and transport costs. To apply please email completed documentation to Financial Wellbeing.
How to apply
- Financial Assistance Application Form (PDF, 588KB)
- Two forms of identification including your student card
- Current Bank statements (all accounts you hold, full month of transactions)
- Centrelink Income Statement and/or pay slips or payment advice from employers
- Valid evidence of costs (bills, rent receipts, housing bonds, textbook quote etc.)
Eligibility
Applications for Hardship Grants will only be considered from students who:
- Are currently enrolled
- Have completed at least one semester of study
- Are in good academic standing
- Demonstrate financial hardship
- Demonstrate the inability to make loan payments
Maximum hardship grant amount
Eligible students may be provided up to $2000 in an academic year.
Policy
Domestic Students Only
Student Placement Grants are available for those required to complete a practical component as part of their degree. These grants are provided to covers costs directly associated with placements. Students may be granted $300, $500 or $750. This may also include grocery and/or petrol vouchers. To apply please email completed documentation to Financial Wellbeing.
How to apply
- Financial Assistance Application Form (PDF, 588KB)
- Two forms of identification including your student card
- Current Bank statements (all accounts you hold, full month of transactions)
- Centrelink Income Statement and/or pay slips or payment advice from employers
- Evidence of placement (screenshot of SONIA, placement letter or placement email)
- Placement accommodation costs/quotes
- Estimate of transport costs (screenshot of fuel calculator, screenshot of travel or quote for transport tickets)
- Other placement related costs i.e. uniform, certificates and/or placement related equipment
Eligibility
Applications for Placement Grants will only be considered from students who:
- Are currently enrolled
- Have completed at least one semester of study
- Are in good academic standing
- Can demonstrate financial hardship as a result of completing placement.
IMPORTANT: Placement Grants will not be issued to cover loss of wages while students are on placement.
Maximum hardship grant amount
Eligible students may be provided up to $750 in an academic year.
Policy
Domestic Students and International Students
Student Laptop Grants are available to students who do not have access to a personal computer. These grants are provided to cover costs directly associated with purchasing a personal computer. To apply please email completed documentation to Financial Wellbeing.
How to apply
- Financial Assistance Application Form (PDF, 588KB)
- Two forms of identification including your student card
- Current Bank statements (all accounts you hold, full month of transactions)
- Centrelink Income Statement and/or pay slips or payment advice from employers
- Valid evidence of costs (screenshot of what you wish to purchase, quote of personal computer and/or repair quote). Please be aware the University offers software for your personal computer
Eligibility
Applications for Laptop Grants will only be considered from students who:
- Are currently enrolled
- Have completed at least one semester of study
- Are in good academic standing
- Demonstrate financial hardship
Maximum laptop grant amount
Eligible students may be provided up to $750 via a grant or JB Hi-Fi voucher.
Domestic Students and International Students
Student loans are interest-free loans that are available on a short term basis to students who demonstrate genuine need and whose continued study might be placed in jeopardy without additional assistance. To apply please email completed documentation to Financial Wellbeing.
How to apply
- Financial Assistance Application Form (PDF, 588KB)
- Two forms of identification including your student card
- Current Bank statements (all accounts you hold, full month of transactions)
- Centrelink Income Statement and/or pay slips or payment advice from employers
- Valid evidence of costs (bills, rent receipts, housing bonds, textbook quote etc.)
Eligibility
Applications for loans will only be considered from students who:
- Are currently enrolled
- Have completed at least one semester of study
- Are in good academic standing
- Do not have any outstanding debts owed to The University of Newcastle
- Demonstrate ability to meet the required loan repayments without experiencing financial hardship
- Ensure that a loan will not put them in further financial difficulty
Loans will not be issued for:
- Expenses not directly associated with essential course-related endeavours
- The purpose of income support where a student has failed to investigate employment to support their studies
- University fees or fines, including payment plans and tuition fees.
IMPORTANT: When students are unable to make loan repayments according to the agreed schedule there are consequences that they need to be aware of. These may include holds being placed on all student accounts and referrals to debt collection agencies for external review.
Maximum loan amount
Eligible students may borrow up to $2000 in an academic year.
Policy
Domestic Students and International Students
Work and Development Orders (WDO) are a way to help people who can’t pay their NSW Revenue fines through unpaid work, courses and treatment programs. The University can sponsor domestic and international students in financial hardship with a WDO by recording attendance to face to face class as payment towards student’s fines. To apply please email completed documentation to Financial Wellbeing.
How to apply
- Financial Assistance Application Form (PDF, 588KB)
- Two forms of identification including your student card
- Current Bank statements (all accounts you hold, full month of transactions)
- Centrelink Income Statement and/or pay slips or payment advice from employers
- Valid evidence of fine (Work Development Order can only cover NSW Revenue fines)
For more information regarding WDO please go to: https://www.revenue.nsw.gov.au/fines-and-fees/cant-pay-your-debt.
Eligibility
Applications for Work Development Order will only be considered from students who:
- Are currently enrolled
- Demonstrate financial hardship
Financial tips
A budget shows you if you are spending more or less than you can afford. It enables you to direct your money to where it matters most, so you can stay on top of bills and start putting money towards your future.
It is helpful to look at the money going in and out across a whole year. Include regular payments such as your rent, phone and electricity, car or public transport. It is helpful to us an app or a website to work out your budget, we recommend Budget Planner.
To work out your budget you should check your bank statements, bills, credit card statements, receipts and shopping dockets, doing this will help you to work out all your expenses. Use your best guess if there is anything you cannot find or if bill amounts vary across the year.
TIP: Download your bank’s App so you can check your bank balance at least 3 times a week. It may be helpful to download a Budget Tracking App that connects to your bank account.
Include the money that you receive or are paid over the time period. This could include your pay from your full-time or part-time job, any casual work, your pension, government benefits, child support payments and any money form of investment. If your income is variable, make an estimate based on the past year's earnings.
When working out your money priorities, think about which items you need for your basic living expenses and which are extras or things you could maybe do without if you need to save some money.
Firstly put a budget in place. We highly recommend you have a read of Money System chapter in You’re the Boss: Money wisdom for life booklet, have a look at Moneysmart Budgeting and listen to Greater Bank Finance Lab - Get Greater at Budgeting.
Once you have outlined your budget, we recommend you start tracking your spending. Easiest way to track your spending is to have an app on your phone. Search for the best application that suits your need. Some applications sync to your bank account, others allow you to add your spending manually, for a list of what is available go to Best Budget Apps 2022.
Help in the community with setting up a budget:
- Moneycare - Free Financial Counselling is available via phone, face to face and zoom. To book an appointment call 1800 722 363.
- Saver Plus supports families and individuals on a tight budget to develop lasting savings habits through a financial education program.
Major overspending can lead to a debt spiral and severe problems for the future, so keeping track of your spending and sticking to your budget is important.
TIP: Preparing meals at home can save $40-50 per week, reuse dinner leftovers and use the survival stations all over the campuses to reheat your food. Skipping that $4.50 coffee everyday can save you $90 over 4 weeks!
- Write a shopping list
- Plan your meals for the week ahead
- Set a budget and use cash only or track your spending and stick to your budget
- Use a spending tracker app. Research before downloading, Best Budget Apps for 2022.
- Don’t shop hungry
- Buy in bulk
- Check discounted section/specials
- Buy essentials
- Use comparison websites/Apps to find cheaper deals
- Check expiry dates (pick longer to last)
- UNSA Free Food Friday
- Health Meals - Getting the right balance of foods in a meal can be tricky. A balanced meal relies on the correct proportions of food. A meal (dinner) usually includes protein, carbohydrates and vegetables.
- University of Student Sustainable cookbook
- Pick seasonal fruit and vegetables as they are cheaper
- Cut down on junk food
- Resist impulse buys
- Read The Daily Grind chapter of You’re the Boss: Money wisdom for life booklet.
Easiest ways to save money are:
- Change bad habits and save the money that isn’t spent
- Save with a friend and give each other encouragement
- Save on clothes
- Find savings on food and groceries
- Find savings on bills particularly electricity and water
- Reduce your bank fees
Resources that may be useful:
- Details on how save money visit MoneySmart
- Read Daily Grind chapter of You’re the Boss: Money wisdom for life booklet
- Use Service NSW Saving Finder for Cost of Living rebates and savings
- Search assistance via AskIzzy
- Energy Made Easy compares electricity and gas prices
- UNiDAYS discounts for students
- Student Edge discounts for students
If you have having difficulties paying your utilities bills take a look at this useful guide to services available to assist you.
Steps that may assist in paying your utilities are:
- Reduce your usage
- Contact your provider – make sure you are getting the best deal
- Apply for a rebate or voucher
- See a financial counsellor
- Make a complaint
Resources that may be useful:
- Details on how save money visit MoneySmart
- Read Daily Grind chapter of You’re the Boss: Money wisdom for life booklet
- Use Service NSW Saving Finder for Cost of Living rebates and savings
- Search assistance via AskIzzy
- Energy Made Easy compares electricity and gas prices
- UNiDAYS discounts for students
- Student Edge discounts for students
- Fair Trading NSW Make a complaint
- Moneycare - Free Financial Counselling is available via phone, face to face and zoom. To book an appointment call 1800 722 363.
Ask the right questions
- What is your name and what company do you represent?
- Who owns your company?
- What is your address?
If they avoid answering these questions, the deal they are offering you is probably a scam.
Do your own checks
- Always do your own research on a company
- Check the company’s Australian Financial Services (AFS) licence
Protect your personal information
- Do not give out any personal, banking or credit card information to anyone
- Check your bank and credit card statements every month
- Destroy all documents with your personal information on them
- Choose passwords that are hard to work out and never share your password with anyone else
- Avoid using the same password
- Be careful what you post online and, if you can, try to limit what you share.
- Make sure your privacy settings are up to date on social media accounts and share personal information with ‘friends only’
Secure your computer and mobile device by using private passwords
- Delete and do not open any unsolicited or suspicious emails you receive, and if you have opened them, do not click on any links in these emails.
- Enable security settings on your computer and mobile devices and install current anti-virus programs.
Reduce telemarketing calls
- You can put your name on the Do Not Call Register to remove your name from telemarketing phone lists.
Finding work
- Look at CareerHub
- Contact Careers to discuss your options
- Look at online job searches e.g.LinkedIn, Jora
Work for International Students
International students can only work part-time to comply with their student visa conditions.
The Australian Government allows International Students who hold a student visa to work a maximum of 40 hours per fortnight during semester period and unlimited hours during semester breaks and vacation periods. Please be aware this may be modified due to COVID-19.
Be sure to research all the details relating to your permission to work while on a student visa.
Finding part-time work depends on a number of things, including your English language proficiency and your own motivation to actively search work. Remember to bring relevant documents with you to Australia that may assist you to apply for part-time work, such as reference letters from previous employers.
To be eligible to work in Australia you will need to apply for a Tax File Number (TFN).
For more information, please visit Conditions for Working While Studying and Department of Home Affairs Immigration and citizenship.
Minimum wages and enterprise agreements
Be aware of minimum wages and conditions.
Tips on resumes and interviews
To receive assistance with your resume and/or interview techniques either have a one or one or attend a workshop. Go to Careers for more details.
Moneycare - Free Financial Counselling
Moneycare - Free Financial Counselling is available via phone and zoom. To book an appointment call 1800 722 363. is available via phone and zoom. To book an appointment call 1800 722 363.
You’re the Boss: Money wisdom for life booklet is a step-by-step guidebook will walk you through: understanding your money values, budgeting, navigating the Christmas season, insurance, saving strategies and managing life’s changes.
Community services
Find a financial counsellors
- No Interest Loan Scheme
The No Interest Loan Scheme (NILS) provides individuals and families on low incomes with access to safe, fair and affordable credit. Loans are between $300 and $1,200 for essential goods and services such as fridges, washing machines and medical procedures. Repayments are set up at an affordable amount over 12 to 18 months. To be eligible for NILS you must have a Health Care Card or earn less than $45,000 a year (after tax). Loans cannot be used for cash, bond, rent arrears, debt consolidation, holidays or bills.
- Ask Izzy lists local services
- Samaritans - 32 Brunker Avenue, Broadmeadow, 2292 NSW 02 4922 1509
- Wesley Financial Counselling Services - 15 Denison Street, Newcastle West, 2302, NSW 02 4915 3688
- Contact a Financial Counsellor
Accommodation
- On campus accommodation
- Off campus accommodation
- Homestay
- Private landlords in the Newcastle area: Real Estate or Domain
TIP: Remember before signing any contract know your rights as a tenant in NSW.
Fact: There are many different types of accommodation to choose from while you study here at Newcastle. All of them are covered by the Residential Tenancies Act 2010. The Act and the regulations set out a standard residential tenancy agreement that gives rights and obligations to landlords and tenants. The Act gives the NSW Civil and Administrative Tribunal (NCAT) power to hear and settle disputes about residential tenancies, including bond disputes.
Hunter Homeless Connection
Has Local services in Newcastle, supports available for different categories i.e. housing, food, NILS and other helpful resources, just go to: Hunter Homeless Connect Community Directory
Ask Izzy
Find the help you need, now and nearby by searching Ask Izzy.
Saver Plus
Saver Plus supports families and individuals on a tight budget to develop lasting savings habits through a financial education program.
Cost of Living
Cost of Living is provided by the NSW Government to help ease the cost of living with more than 70 rebates and savings.
Support for International Students
Service NSW and Study NSW have put a page of resources to support International Students.
Centrelink eligibility
The Australian Government supplies cost-of-living allowances for eligible full-time students via Centrelink. The amount you will receive depends on variables such as your income and assets. However these are payments, not loans - you are not required to pay them back.
Resources:
- Information for students and trainees at the Department of Human Services
- Centrelink payment and service finder
For students who can't earn an income because you must self-isolate, quarantine or are caring for someone with COVID-19, you may be eligible for the Pandemic Leave Disaster Payment.
For students who must quarantine or self-isolate in Australia or caring for someone who is required to quarantine or self-isolate and in receipt of Centrelink and in severe financial hardship, you may be eligible for the Crisis Payment for National Health Emergency.
Avoid Centrelink debt
Avoid getting overpaid and having to pay back a Centrelink debt. Here are the top examples of when you need to contact Services Australia because of changes to your study:
- Your study load isn’t enough
- You need to study part time
- You’ve changed your course
- Other things have changed - apart from study changes, you need to tell Services Australia if there’s been changes to your personal situation. These include how much you or your partner earn, where you’re living and if you’re in a relationship.
Remember to let Services Australia know about changes within 14 days. If you don’t, you may end up owing money that you’ll need to pay back.
You can read more about student payments at servicesaustralia.gov.au/higher-education
Impacted by COVID-19
San Remo Neighbourhood Centre is able to offer support to people, vulnerable people and families who are needing to isolate as a result of Covid-19. Please note this service will not operate over weekends or public holidays. Students can self-refer due to a positive covid result or potential result by emailing nicole@sanremo.org.au.
Scholarships
Scholarships are awarded to many different kinds of students for a range of purposes. They aren’t just considered based on your academic performance. Perhaps you contribute to the community through sport or music. Maybe you’re from a remote town, or have financial difficulties.
Visit our scholarships page to find out what’s available and whether you may be eligible.
Moneycare - Free Financial Counselling
Moneycare - Free Financial Counselling is available via phone and zoom. To book an appointment call 1800 722 363.
Greater Bank Finance Academy
Greater Bank Finance Academy provided by University of Newcastle and Greater Bank to build financial literacy in the community. Educational program are available for Primary School Students and financial podcasts to assist University students.
University of Newcastle Legal Centre
The University of Newcastle Legal Centre (UNLC) is the centerpiece of the Newcastle Law School’s clinical program. UNLC offers a range of services to the public, including free legal advice and assistance, representation, law clinics and community education seminars. All of the services are overseen by our in-house lawyers and delivered together with law students.
University of Newcastle Students' Association Free Food
University of Newcastle Students' Association (UNSA) provides various support, services and activities. During semester Free Food Friday at 9am at Callaghan campus, UNSA Food Pantry at Callaghan and Ourimbah and various other events.
Fees
Read more about financial assistance options
The University of Newcastle acknowledges the traditional custodians of the lands within our footprint areas: Awabakal, Darkinjung, Biripai, Worimi, Wonnarua, and Eora Nations. We also pay respect to the wisdom of our Elders past and present.