Fees And Government Funding

Fees And Government Funding

Fees & Refunds Policy

This policy provides a framework for the levying of tuition fees and other charges and to set out financial and accountability requirements with regard to fees and charges.

Full details regarding our fees and charges are available in our Schedule of Fees

Applicants are reminded they should review the eligibility requirements for subsidised training before applying. If applicants for subsidised training are still unsure, do not submit a deposit at enrolment and we will contact you.

The REIV will apply an administration fee for all enrolments, which include cancellations.

Please read our Fee & Refund Policy prior to enrolment to ensure your are familiar with our refund policy.

If you need your certificate re-issued please complete the Miscellaneous Fees Form and once completed, return to the REIV Learning & Development Team on training@reiv.com.au.

For information about Artificial Intelligence integration and standards, please see our Artificial Intelligence (AI), Plagiarism and Collusion Policy.

Government Funding For Accredited Real Estate Training

The REIV offers the CPP41419 Certificate IV in Real Estate Practice and the CPP51122 Diploma of Property (Agency Management). These qualifications can be completed as a full time or part-time student or as a traineeship.
 

The REIV is approved to provide subsidised training under the Skills First contract, delivered with Victorian and Commonwealth Government Funding.


Government funded courses at the REIV are:

  • Certificate IV Real Estate Practice (CPP41419)

  • Diploma of Property: Agency Management (CPP51122)

CPP41419 Certificate IV in Real Estate Practice

There are 3 ways to fund your qualification CPP41419 Certificate IV in Real Estate Practice.

  • Skills First Government funding: Concession (eligibility criteria applies): Out of pocket fee $500

  • Skills First Government funding (eligibility criteria applies): Out of pocket fee $2,500 (payment plans available)

  • Full fee (not eligible for Government funding): Out of pocket fee $4,250 (payment plans available)


Employers offering traineeships may be eligible for further government funding support.

CPP51122 Diploma of Property (Agency Management)

(previously CPP51119)

There are 2 ways to fund your qualification CPP51122 Diploma of Property (Agency Management)

  • Skills First Government funding (eligibility criteria applies): Out of pocket fee $3,750 (payment plans available)

  • Full fee (not eligible for Government funding): Out of pocket fee $4,750 (payment plans available)


Employers offering traineeships may be eligible for further government funding support.

Eligibility for Skills First Government funding

Eligibility can only be confirmed after an REIV Enrolment Form and Skills First Declaration is completed. There is no cost or obligation to complete this stage of the process.


Some of the key eligibility criteria relevant to the CPP41419 and CPP51122 are listed here. Further details are available at skills.vic.gov.au

Citizenship:

To be eligible for Skills First training, you must be:

  • an Australian citizen, or

  • an Australian permanent resident, or

  • a New Zealand citizen

Physical location: 

You must be physically present in Victoria while participating in training and assessment.

Course limits:

Skills First funding is limited to:

  • two courses at a time

  • two courses in a year.

 
PLEASE NOTE, ELIGIBILITY CRITERIA FOR SKILLS FIRST FUNDING HAVE BEEN EXPANDED FROM 1 JANUARY 2023. UPSKILLING IS NO LONGER AN ELIGIBILITY REQUIREMENT FOR SKILLS FIRST FUNDING.  PLEASE CONTACT US TO CONFIRM YOUR ELIGIBILITY.
 

Victorian Skills Gateway’s funding eligibility checklist

Eligibility for Skills First Government funding – Concession

Concession is only applicable for CPP41419 Cert IV in Real Estate Practice.


You may be eligible for a concession if you hold a valid and current:

  • Health Care Card issued by the Commonwealth;

  • Pensioner Concession Card;

  • Veteran’s Gold Card;

  • an alternative card or concession eligibility criterion approved by the Minister


The concessions also apply to a dependent spouse or dependent child of a card holder. Please note that, concession rates are only applied to tuition fees.

The concession does not apply to full fee-paying students.

From 1 January 2024, the Skills First Aboriginal Access Fee Waiver replaced the Indigenous Completions Initiative Concession. The REIV will not charge a tuition fee to Skills First students who self-identify as being of Aboriginal or Torres Strait Islander descent.

To find out if you are eligible for Skills First funding, please call the REIV training team on 03 9205 6666.