Government Funding

Government funding for accredited real estate training

The REIV offers the CPP41419 Certificate IV in Real Estate Practice and the CPP51119 Diploma of Property (Agency Management). These qualifications can be completed as a full time or part time student or as a traineeship.
 

Government-subsidised training is only available through training providers such as the REIV who have been approved for a Skills First contract, with the Victorian Government.


Government funded courses at the REIV are:

  • Certificate IV Real Estate Practice (CPP41419)
  • Diploma of Property: Agency Management (CPP51119)
 

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 $6,500 (payment plans available)


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

 

CPP51119 Diploma of Property (Agency Management)

 

There are 2 ways to fund your qualification CPP51119 Diploma of Property (Agency Management)

  • Skills First Government funding (eligibility criteria applies): Out of pocket fee $4,500 (payment plans available)
  • Full fee (not eligible for Government funding): Out of pocket fee $8,000 (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 CPP51119 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
 

Age:


Skills First prioritises training for young people (under 20), Apprenticeships and Foundation Skills, and otherwise requires students do progressively higher qualifications to be eligible.

 

If you are under 20 years old or eligible under the JobTrainer Fund you can do Skills First training at any level.

 

If you are 20 years or over, you can usually only do Skills First training at a higher level than any qualification you already have. The REIV accredited training is a Level IV qualification, to be eligible any prior qualification should be Level 3 or under.

 

There are also limits on how much Skills First training you can do. The limits are:

  • You can't start* more than 2 qualifications in a year
  • You can’t start* more than 2 skill sets in a year
  • You can't do more than 2 Skills First qualifications or skill sets at the same time
  • If you’ve already started* up to two government-subsidised qualifications at the same level in your lifetime you can’t do another Skills First qualification at that level


These limits encourage you to make informed decisions about your training and employment opportunities and finish your training.

 

*This includes courses you start but don't finish.
 

Victorian Skills Gateway’s funding eligibility checklist: https://www.skills.vic.gov.au/s/how-to-check-your-eligibility

 

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 dependant spouse or dependent child of a card holder. If you self-identify as being of Aboriginal or Torres Strait Islander descent, you will receive a concession regardless of the level of the course you wish to enrol in.


Concession does not apply to full fee-paying students.

 

To find out if you are eligible for Skills First funding, please complete the Declaration form available on www.reiv.com.au/fees or call the REIV training team on 03 9205 6666.