International students in Victoria to receive $1,100 coronavirus relief payment

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on April 29, 2020
International students in Victoria to receive $1,100 coronavirus relief payment

Photo by Annie Spratt on Unsplash

International students in Victoria will receive a relief payment of up to $1,100 as part of a Victorian Government emergency support package.

The Victorian Government has announced a $45 million International Student Emergency Relief Fund to help international students hit hard by the coronavirus pandemic.

A one-off payment of up to $1,100 will be made available per student for up to 40,000 international students at universities, TAFEs and language colleges in Victoria who can prove they have lost wages due to the pandemic.

More than 150,000 international students currently living in Victoria are also eligible for the Victorian Government’s rent relief program, including subsidies of up to $2,000.

International students have been hit hard by the pandemic with many impacted by casual job losses in retail and hospitality but falling through the cracks of Federal Government financial support programs, like JobKeeper and JobSeeker payments.

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            International education in Victoria is estimated to have lost $5.8 billion since the outbreak of the virus, while the sector is believed to have taken a 50% hit.

            Modelling from the Mitchell Institute shows that $2 billion in annual tuition fees will be wiped from the sector as international students are unable to travel to Australia to start their courses for 2020's second semester.

            Data from the Australian Bureau of Statistics (ABS) shows that for every $1 lost in university tuition fees, another $1.15 is lost in the broader economy because of international student spending. 

            This means the Australian economy could be set to lose more than $40 billion in the sector by 2023 because of reduced numbers of international students.

            Last financial year, the international education sector brought in $12.6 billion in revenue for Victoria.

            Minister for Jobs, Innovation and Trade Martin Pakula said it's important to support international students.

            “International students give so much to Victoria – it’s only fair we support them in their hour of need," Mr Pakula said.

            “This virus doesn’t discriminate and neither do we – we are in this together and we will get through it together.”

            International students in Victoria can register their interest to apply for the support payments here.

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            Emma Duffy is Assistant Editor at Your Mortgage and  Your Investment Property Mag, which are part of the Savings Media Group. In this role, she manages a team of journalists and expert contributors committed to keeping readers informed about the latest home loan and finance news and trends, as well as providing in-depth property guides. She is also a finance journalist at which she joined shortly after its launch in early 2019. Emma has a Bachelor in Journalism and has been published in several other publications and been featured on radio.


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