Payment Plan Terms and Conditions

Do you want to avoid:

• Overpaying for training courses
• A student tax debt
• Unsustainable payment plans
• Needing to upskill to remain current and competitive in your job?

There are many reasons why a higher qualification can open more doors for you. Here are a few:

• Some careers require at minimum an entry level qualification such as a Certificate III
• Diploma qualifications continue to be in high demand by employers
• Upskilling in your area builds on the skills and knowledge you already have — it makes studying a breeze
• Go to the top of the list: a diploma qualification is leadership and management material

Not everyone is eligible to access their state's training subsidies. This is where we can help. We are working with the healthcare and community services sector to attract new workers to the industry, and we acknowledge that these folk (you) will probably be coming from other sectors, where you are already qualified in your field and therefore not eligible for funding to re-train.

We have great payment options in place. Some of the benefits are:

• You will only pay for what you need
• If you have already completed any of the units we have in our courses in your previous studies, you absolutely WILL NOT need to pay again
• We have weekly, fortnightly and monthly payment options over 6, 9 and 12 month durations
• Direct Debit arrangement

Equinox College provides students with the option to pay tuition fees by instalments through Pay Advantage. No interest is charged by Equinox College on payment plans. However, Pay Advantage applies transaction fees to each payment processed.

Recurring debits continue until the Direct Debit has been cancelled or the Amount Reached has been specified and met.

It is your responsibility to ensure that:

• your nominated account can accept direct debits (your financial institution can confirm this); and
• that on the scheduled debit date there is sufficient cleared funds in the nominated account; and
• you advise us if the nominated account is transferred or closed.

If your debit is returned or dishonoured by your financial institution, the dishonoured debit will be re-debited from your nominated account in addition to any applicable fee(s) ($6.82). Dishonoured debits may be re-debited together with other scheduled debit(s). Should you cancel the Direct Debit, instruct your bank not to make payment, or more than two (2) consecutive debits are dishonoured, we may cancel this agreement and the remaining scheduled amount plus all penalty charges will be due and payable.

Changes to the arrangement

Changes to the drawing arrangements can be made by clearly outlining the requested change(s) in writing and sending them to the Provider. Changes may include deferring a debit, altering debit amounts, stopping a debit, suspending the Direct Debit, or cancelling the Direct Debit completely.

Enquiries

All enquiries should be made to Equinox College, accounts@equinoxsg.com.au, 07 3106 3859, 14/110 Morayfield Road, Caboolture South QLD 4510, in the first instance, and then to Pay Advantage®. All communication should include your full name and/or company name, the BSB/Account number being debited, and return contact details.

Disputes

If you believe a debit has been initiated incorrectly, please contact us asap. If the dispute remains unresolved, then you can lodge your concern in writing with Pay Advantage®. You will receive a refund of the debited amount(s) if the reason for the debit(s) is not substantiated.

The following fees for the use of the direct debit facility will be charged:

• Set-up fee: $1.98
• Fee per debit from a bank account: $1.21
• Fee per debit from a credit card: $1.21 plus 1.87% of the instalment amount
• Debit dishonour fee: $6.82

Example — $2,700 tuition fee over 26 weeks (credit card)

• Total tuition fee: $2,700
• Number of instalments: 26
• Instalment amount: $103.85 per week
• Fees per instalment: $1.21 flat fee + $103.85 × 1.87% = $1.94, total per instalment fee $3.15
• Total transaction fees across 26 instalments: $81.90
• Plus one-off set-up fee: $1.98
• Total Pay Advantage fees: $83.88
• Total payable (including tuition and Pay Advantage fees): $2,783.88

Example — $2,700 tuition fee over 26 weeks (bank account)

• Total tuition fee: $2,700
• Number of instalments: 26
• Instalment amount: $103.85 per week
• Fees per instalment: $1.21 flat fee, total per instalment fee $1.21
• Total transaction fees across 26 instalments: $31.46
• Plus one-off set-up fee: $1.98
• Total Pay Advantage fees: $33.44
• Total payable (including tuition and Pay Advantage fees): $2,733.44