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Victorian government funding.
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Skills First Victorian Government Funding

Monarch Institute delivers training with Victorian and Commonwealth Government funding, under the Skills First program. The funding only applies for eligible Victorian students. The funding is not a loan; unlike other government funding, like VET Student Loans, you won’t have to pay it back. People with disabilities are encouraged to apply.

Some of the courses receive JobTrainer finding. Find out more here.


Accounting and Finance Courses

Course  Non Concessional Price Concessional Price

FNS40217 Certificate IV in Accounting and Bookkeeping

$1,250 $250

FNS50217 Diploma of Accounting

$1,250 $250*

FNS60217 Advanced Diploma of Accounting

$1,250 $250*

FNS50417 Diploma of Payroll Services

$1,250 $250*

FNS40820 Certificate IV in Finance and Mortgage Broking

$1,250 $250

FNS50320 Diploma of Finance and Mortgage Broking Management

$1,250 $250*

Business Courses

Course Title Non Concessional Price Concessional Price

BSB40320 Certificate IV in Entrepreneurship and New Business

$1,250 $250

BSB50420 Diploma of Leadership and Management

$1,250 $250*

BSB60420 Advanced Diploma of Leadership and Management

$1,250 $250*

BSB50320 Diploma of Human Resources Management 

$1,250 $250*

BSB51415 Diploma of Project Management

$1,250 $250*

Information Technology Courses

Course Title Non Concessional Price Concessional Price

ICT40120 Certificate IV in Information Technology

$1,250 $250

ICT50220 Diploma of Information Technology

$1,250 $250*

Marketing Courses

Course Title Non Concessional Price Concessional Price

BSB40820 Certificate IV in Marketing and Communication

$1,250 $250

10904NAT Diploma of Social Media Marketing

$1,850 $370*

Logistics Courses

Course Title Non Concessional Price Concessional Price

TLI50219 Diploma of Logistics

$1,250 $250*

*Please note Diploma and above qualifications do not attract a concession rate unless you are an indigenous person

The student tuition fees as published are subject to change given individual circumstances at enrolment.
Please refer to Monarch’s Student Information Handbook for information on our Fees, Charges and Refund Policy and our Complaints and Appeals Policy and information on all student services and amenities.

Concession Eligibility

Concessions on tuition fees for government-subsidised training places are available for:
• Health Care Card holders, their dependant children and dependant spouses.
• Pensioner Concession Card holders, their dependent children and dependant spouses
• Veteran’s Gold Card holders (but not their dependants)
• Indigenous persons

Qualification Eligibility

You must meet all three criteria below:

  1. You are a citizen or permanent resident

To be eligible you must be either:
– an Australian citizen
– an Australian permanent resident (PR) i.e. holder of a permanent visa or Humanitarian Stay (Temporary) (Subclass 449) visa
– a New Zealand citizen (i.e. visa sub-class 444).

2. You must be physically present in the State of Victoria during the course

3. You should be upskilling.

That is, are you seeking to enrol in a nationally recognised qualification that is at a higher level than the highest qualification you have previously completed.
As of the first of January, if you were 20 years old or younger, talk to our course consultants to understand if the upskilling requirement applies to you.
Please also refer to the Other Considerations section below for more details.

Certification of documents

In most cases Monarch Institute staff can verify your documents online or if you prefer you can get your documents certified. Click here to find out where to get your documents certified.

Further eligibility conditions

  • In a calendar year, you may only commence a maximum of two:
    a) Skills First subsidised Skill Sets; and
    b) two Skills First subsidised qualification.
  • You may only commence a maximum of two Skills First subsidised qualification at any one time.
  • In your lifetime, you may only commence a maximum of two government-subsidised qualifications at the same level in the AQF.

Please note that recommencing the same or superseding version of a qualification you have previously commenced may not count toward these requirements, provided you meet all other eligibility criteria.

Other Considerations

  • Foundation courses (ESL, General Education, VCAL etc.), VET courses completed at school and some non-Australian qualifications may not count as your highest completed qualification or be the number of courses you have completed in your lifetime
  • Vocational Graduate Certificates and Vocational Graduate Diplomas are considered to be at a higher level than a Bachelor degree.
  • You are not eligible to receive funding if you are:

a) enrolled in a school (unless they are a School Based Apprentice or Trainee). This includes: i) any government, non-government, independent or Catholic school; or ii) a student registered for home schooling in Victoria;

b) a prisoner held at a prison within the meaning of the Corrections Act 1986 (Vic);
c) detained under the Mental Health Act 2014 (Vic), the Crimes (Mental Impairment and Unfitness to be Tried) Act 1997 (Vic) or the Sentencing Act 1991 (Vic) at the Thomas Embling Hospital; or
d) detained (other than on weekend detention) under the Children, Youth and Families Act 2005 (Vic) or the Sentencing Act 1991 (Vic) or held on remand in a youth justice facility.

These exclusions do not apply to individuals who are:
a) either: i) young people on community based orders made under the Children, Youth and Families Act 2005 (Vic); or ii) individuals held in Judy Lazarus Transition Centre; and

b) able to physically access training outside of a custodial setting without supervision.

Please note that accessing this funding could impact access to further government subsidised training.

Time commitment

It is recommended that you are able to commit to 10 hours of study per week in order to successfully complete these qualifications.

Tuition fee exemptions

Tuition fee exemptions (i.e nothing to pay out of pocket) may be available for:

  • those under the Young People Transitioning from Care initiative (must present a referral from with enrolment)
  • young people on non-custodial community based orders (must present a letter confirming status from the Youth Justice Unit of the Department of Human Services with your enrolment)
  • prisoners from the Judy Lazarus Transition Centre only (must present a letter confirming status from Centre management with your enrolment)

Financial hardship

Experiencing severe financial hardship? Get in touch with Monarch on 1300 738 955 to discuss your tuition fee options.

Online Service Standards

Please see our online Service commitment here.

Don’t hesitate to call one of Monarch’s friendly Course Consultants if you have any questions.