This package will support Victorian universities to help thousands of Victorians to stay at work and contribute to the state’s economic recovery.
Victorian higher education state investment fund
The Victorian Higher Education State Investment Fund has been developed in response to the significant impact of the COVID-19 pandemic on Victorian universities.
The $350 million funds will support universities with capital works, applied research and research infrastructure focused on boosting Victoria's productivity and the economy as the state recovers from the impacts of the virus, which have hit universities hard.
Funded projects are being announced on a rolling basis. A full list of announced projects can be found at Projects funded by the Victorian Higher Education State Investment .
Payroll tax support
To help relieve the immediate financial pressures facing many institutions, the Victorian Government is offering all Victorian universities payroll tax deferrals, valued at approximately $110 million across all universities.
This will provide the sector with much needed short-term cash flow relief and will assist with job retention.
Support for international students
To help Victoria's international student community feel safe and supported during this difficult period, the International Student Emergency Relief Fund has been established.
The fund will support international students in Victoria who are facing financial hardship as a result of the COVID-19 pandemic.
The fund is being delivered in partnership with Victoria's tertiary education providers.
Applications are now open and information on how to apply can be found on Study
Reviewed 12 December 2022