2009 University of Otago Residents Fee Structure
2009 Total Fees
Deposit - $750.00
Student Club Fee - $175.00
Accommodation - 38 Weeks - $11,020.00
2009 Annual Fees $11,945.00 (incl GST)
Option 1: Quarterly Payment
| Quarterly | Payment Amount | Payment Due Date |
|---|---|---|
| Deposit 1st 2nd 3rd 4th |
$750.00* $2,930.00** $2,755.00 $2,755.00 $2,755.00 |
on acceptance 4/02/2009 3/04/2009 19/06/2009 21/08/2009 |
| Total Payments | $11,945.00 |
* Deposit $750 includes: $250 Refundable Bond, $500 Admin & Dev Levies
** the 1st Quarter payment includes $175 Student Club Fee
Option 2: Weekly Automatic Payments
(Suitable option if paying out of student loan - please refer below)
PLEASE NOTE: Weekly payment dates shown below are an example only. Your weekly payment can be made on any day of the week that best suits you. If you will be receiving Studylink payments, it is normally best to have your weekly payment to City College come out of your bank account the day AFTER you receive your Studylink payment. (Studylink payment days are based on your birth date, ie birthday in Jan/Feb/Mar/Apr, Studylink payment = Tuesday; birthday in May/Jun/Jul/Aug, Studylink payment = Wednesday; birthday in Sept/Oct/Nov/Dec, Studylink payment = Thursday).
| Payment No. | Payment Amount | Payment Due Date | Payment No. | Payment Amount | Payment Due Date |
|---|---|---|---|---|---|
| Deposit Lump Sum 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 |
$750.00* $5,495.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 |
on acceptance 4/02/2009 23/02/2009 02/03/2009 09/03/2009 16/03/2009 23/03/2009 30/03/2009 06/04/2009 13/04/2009 20/04/2009 27/04/2009 04/05/2009 11/05/2009 18/05/2009 25/05/2009 01/06/2009 08/06/2009 15/06/2009 22/06/2009 29/06/2009 |
20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 |
$150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 $150.00 |
06/07/2009 13/07/2009 20/07/2009 27/07/2009 03/08/2009 10/08/2009 17/08/2009 24/08/2009 31/08/2009 07/09/2009 14/09/2009 21/09/2009 28/09/2009 05/10/2009 12/10/2009 19/10/2009 26/10/2009 02/11/2009 09/11/2009 |
| Total Payments | $11,945.00 |
* Deposit $750 includes: $250 Refundable Bond, $500 Admin & Dev Levies
The automatic payment option has been designed for those who will be paying their accommodation using Student Loan with WINZ.
The maximum amount paid by WINZ in most cases is $150 per week for the length of your course, with WINZ paying you weekly from the date your course starts. You then pay this money to us from your bank account by way of a weekly automatic payment.
It can sometimes take up to a month for WINZ to begin your payments; you need to have enough money in your account to cover your fees until the WINZ payments start.
YOU will need to apply to WINZ to find out if you are eligible for a Student Loan/Allowance. REMEMBER that even if you are eligible WINZ WILL NOT PAY the deposit or the initial lump sum ** - you will have to find this yourself. You should consider this carefully before applying for or accepting a place at City College.
The initial payment of **$5,495.00 is made for 3 reasons
1. To secure your place at City College.
2. To make up the shortfall, which occurs since the maximum amount paid
by WINZ ($150 p/wk) does not cover the total College fees.
3. Includes the $175 Student Club fee.
Example:
| Quarterly | Payment Amount | Payment Due Date |
|---|---|---|
| Accommodation Student Club |
38 weeks |
$11,020.00 $175.00 |
| Total Fees (University residents) | 11,195.00* |
*Not including $750 deposit
| WINZ Payments | 38 weeks @ $150 p/wk | $5,700.00 |
| Shortfall / first instalment due by 4 Feb 2009 | $5,495.00 | |