Distance Learning

Course Info

Payment of Fees

• Course fees for full qualifications are GST FREE.
• Fees (if applicable) must accompany your Enrolment Form – as well as your credit card details. The IFS accepts Visa and MasterCard.
• Most course fees are paid in instalments eg 2 x $900 OR 6 x $300 for an $1,800 course fee. We do not accept full payment at the one time for any course fee that is over $1,000.
• Fees are NON REFUNDABLE after you commence your course. Commencement is defined as the day you receive your first batch of learning materials via Express Post.
• At the discretion of the IFS, course fees may be held over until a later date due to medical and/or extraordinary circumstances.
• Check with your employer regarding payment or reimbursement of fees. Most financial services organisations reimburse course fees after their employees have successfully completed their course.
• If you pay your own course fees, they are Tax Deductible if the qualification relates to your employment.

Loyalty Bonus for Long-Term IFS Clients!

For all our long term clients (ie at least 3 years' history of enrolments with the IFS) who fund IFS training for their staff, we are pleased to make the following special offer:

• Any staff members who are approved by their employer to enrol in one of our courses will not have to pay their fees when they enrol.
• The employer is invoiced only for staff members who have successfully completed their modules.
• Staff members must provide their credit card details to the IFS when they enrol. If they withdraw from their course before completion, the course fees will automatically be deducted from their credit card account.

This arrangement is a great incentive for staff morale. It also encourages shared responsibility in the training process. If staff members do not complete their modules they will have to pay their own course fees and consequently employers only pay for staff members who have kept to their study commitment.

Grading System

In response to employer and student feedback we introduced a grading system for Module Results for each qualification, as follows:

Credit Transfers, Recognition of Prior Learning (RPL) & Recognition of Current Competence (RCC)

The IFS recognises the skills and knowledge that you have gained through previous studies and/or work and life experiences.

To apply for Credit Transfers, RPL or RCC you must fill in an application form - available from the IFS or you can download it from this website. You are required to attach certified copies of your academic record and/or documented work experience and email, fax or mail it to the IFS.

Credit Transfers are recognised if you have already completed the same competency/ies with a Registered Training Organisation (RTO) eg a TAFE college.  No fees apply for credit transfers.

RPL or RCC may be granted if you have documented evidence of work/life experience from previous or current employers.

A few of at least two-thirds of the cost of undertaking a qualification/competency will apply to all applications for RPL or RCC eg for a complete qualification that costs $1,800 the fee would be $1,200. RPL fees for individual competencies are scaled to the number of competencies making up the qualification eg if there are 12 competencies in a qualification that costs $1,800, then the fee to apply for RPL in individual competencies would be $100 each.

If an application is complex and entails extensive work for the assessor the applicant will be notified before the IFS proceeds with the RPL or RCC application.  An extra fee may apply.

Students applying for exemptions will be notified by telephone and mail of the outcome. The exemption, when granted, is then noted on their academic record with the IFS.

To find out more about Credit Transfers, RPL or RCC, contact us here at the IFS.

Application Forms for RPL/RCC can be downloaded from the course information page for each qualification. Alternatively, click on the qualification name below:

• BSB30110 - Certificate III in Business
  
• FNS30110 - Certificate III in Financial Services
  
• FNS41010 - Certificate IV in Banking Services
  
• FNS40210 - Certificate IV in Bookkeeping
  
• FNS40110 - Certificate IV in Credit Management
  
• FNS40810 - Certificate IV in Finance and Mortgage Broking
  
• BSB40807 - Certificate IV in Frontline Management
  
• FNS50910 - Diploma of Banking Services Management
• FNS50310 - Diploma of Finance and Mortgage Broking Management
  

Tutor Support

Students can contact the IFS by telephone or email for assistance.

If their enquiry cannot be answered by the administrative staff, they will be given the email address of the appropriate tutor.

The tutor will generally answer students' questions within 24 hours of receiving an email.

If students have any problems getting assistance they are urged to contact the IFS administrative staff who will then follow-up with the tutor.

Appeals, Complaints & Grievances Policy

If a student is not satisfied with his/her assessment for a particular module they should contact the IFS. They will be required to re-submit their work with a written request for a re-mark and the reasons they believe their mark was inadequate.

If a student has a problem with the administrative or tutoring staff they should contact the IFS and ask to speak to the Chief Executive, Linda Rodden.

Access & Equity Policy

All people who work in the financial services industry have access to IFS courses. There are only minimal requirements for entry into our courses. Work experience as well as life experience is taken into consideration for anyone who does not have secondary school educational qualifications.

By delivering our courses through Distance Learning all students have the course content delivered to them in the same format and have their skills and knowledge assessed equally throughout Australia.

Privacy Policy

All student information collected and stored by the IFS is confidential and is not divulged to any other person or organisation. Student details and records are kept on our database, in hard copy and upon graduation in an electronic format.

When enrolling, students are asked to supply personal details, which are entered on the IFS database. Students can update their information at any time via telephone, fax or email and it is processed immediately. The IFS will supply to any student, without delay, a copy of all information we hold on our database that relates to them.

NOTE:
It is a requirement of the Commonwealth Government that the IFS provide statistical information about our students/course enrolments.

Provision for Language, Literacy & Numeracy Assessment

The IFS caters to the financial services industry only and all employees in this industry must be literate and numerate to gain employment.

However, if a student is identified as having a problem in language, literacy or numeracy they are directed to contact TAFE OTEN by telephone on 1300 362 418 or by email at oten.governmentprograms@tafensw.edu.au

Drug & Alcohol Policy

If any person is found to be under the influence of illegal drugs or alcohol during a face-to-face workshop session they will be directed to leave the training session immediately. Their employer will be notified at the time of the incident.

The IFS only offers face-to-face workshops when delivering ‘blended learning’ courses. These courses are generally delivered in corporate training rooms and Learning & Development staff members are available to IFS trainers.