With my return to university, I have rediscovered the many ways students can get discounts on Textbooks, University FEE-HELP & HECS-HELP course fees, Magazine subscriptions, Public Transport, Travel in Australia and Overseas, Computer software and hardware and more.
If you’re a member of a student union you may also be eligible for discounts on food purchased from campus cafeterias, cheaper tickets to student parties and discounts at retail outlets, cheaper grocery shopping, accommodation, leisure Activities etc if you show them your student union card.
An Undergraduate student (Australian Citizen) who does 4x$600 = $2400 subjects in a semester has the choice of (best to worst):
- Full up-front payment of $2400 (inc. 20% discount saving you $480)
- Partial up-front payment (inc. 20% discount for payment of $500 or more) and the remainder deferred to HECS-HELP loan
- Deferring a debt of $2880 using a HECS-HELP loan (the old name was just HECS)
Similarly a part-time Postgraduate student (Australian Citizen) who does 2x$1480 = $2960 subjects in a semester has the choice of (best to worst):
- Deferring a debt of $2960 using a FEE-HELP loan, waiting until after Census date roughly 4th week of semester for the debt to be recorded by the ATO and making a payment of 2690.91 before the end of the financial year when it would get indexed to CPI (inc. 9.09% discount saving you $269.09).
- Full up-front payment of $2960 WITH NO DISCOUNT
- Partial up-front payment (WITH NO DISCOUNT) and FEE-HELP loan (the old name was PELS)
- Deferring a debt of $2960 using a FEE-HELP loan
Public Transport Fares
The next biggest saving Students can make is on public transport fares (buses, trains, ferries, light rail etc). In NSW If you’re studying full time and are an Australian citizen or resident you may be entitled to a concession on these forms of transport. Go to your Student Info and Admin Centre to apply if you do not have the travel symbol on your student card. I’m sure similar rules apply in other Australian States and Territories.
Textbooks & Magazines
The third biggest expense for students is textbooks, subscriptions to magazines like BRW, AdNews and New Scientist and newspapers like the Sydney Morning Herald. Your 3 sources of discounts are detailed at my 2nd hand textbooks buy/sell page, Student Magazines and SMH Student Subscription 7 days a week for $20/year
After those big 3 areas students spend their money on there are other places that savings can be made (in no particular order)
Computer Software & Hardware
Whether you’re doing an IT degree or not, these days no student can do without a computer and associated software.
There are 3 main sources for student discounts on Computer Software & Hardware
Your first queries should be made to your university/TAFE IT Support department. It’s quite likely that they have special deals eg: 5% off with large computer companies like Microsoft, Dell and Lenovo (new name for IBM computers) so that you can buy at corporate prices and save money.
Educationsoftware.com.au exists to deliver Australian students, academic staff and education institutions the best prices, fast delivery and easy ordering on the most popular education software titles.
Apple Australia also offer student and educational discounts
Individual computer stores like the reputable Techbuy (sydney) offer student discounts on some of their basic PC’s and other accessories so it’s worth asking if you can get a student discount of the retail price.
Travelling within Australia and Overseas
If you’re going to travel overseas make sure you get an ISIC card from your local “STA Travel” office
The International Student Identity Card (ISIC) is the only internationally accepted student ID card. Since its launch in 1968, the ISIC has helped over 40 million students to get the most out of their travel experience.
With access to a global network of affordable and specialised student services, the ISIC is your passport to more than 32,000 discounts and benefits in 106 countries worldwide.
I got one when I travelled in Europe in 2003 and it saved me $100’s of dollars on transport, entry fees to museums like the Louvre museum in Paris, food, airline flights, accomodation and much more.
The cost for an ISIC card was a mere $AUS18 as at August 2006.
Another great discount card for travelling students (or anyone travelling on a budget) is a YHA (Youth Hostels Association) card. For as little as $AUS19-52/year (as at August 2006) you get to pay member rates at several thousand cheap, clean and cheerful hostels around the world
YHA is affiliated with Hostelling International, the brand name of more than 90 Youth Hostel Associations in over 80 countries, operating 4,000+ hostels. No other hostel operator can match us for sheer quality or variety of accommodation! Unlike bland motels, impersonal hotels or dodgy backpackers, HI Youth Hostels are fun, lively meeting places, full of like-minded people. HI is a non-profit membership organisation, with a proud history and a relevant philosophy.
Movies & Entertainment
Most cinemas offer their cheapest tickets on a particular day of the week eg: Tuesday, plus on other days you are able to get a student discount.
Similarly tickets for theatre shows, music tours and sporting events often have discount Student priced tickets.
Healthcare & Social Security
Students on low incomes may be eligible for a Health Care Card (HCC) through Centrelink. You do not have to be on a Centrelink benefit to be eligible for a HCC. To be eligible your income as a single person should be no more that $336 gross per week, or $2,688 over eight weeks.
Cardholders are entitled to Commonwealth health concessions such as low cost medicines.
Other concessions may be available to card holders who are on Centrelink benefits, e.g. Concessions from State and Local Government authorities such as reductions in property and water rates, energy bills, reductions on motor vehicle registration, a wide range of other health, household, educational and recreational concessions.
You should always check with Centrelink (http://www.centrelink.gov.au) for up to date and complete details.
Restaurant/food court store owners near universities and TAFES are aware that Students tend to consume a lot of take away food so its quite likely that they offer a student discount card or a flat discount eg: 10% when you show your Student ID card when purchasing from them
If you know of any major student discounts I have not mentioned please add them as a comment (below)