Ever wondered how much money you'll be earning as an apprentice? Each year you progress through your apprenticeship your salary will increase. Compare this growth in your earnings over four years, with the time and costs associated with undertaking a university degree.
| Year |
Trade Engineering Mechanical Based on minium award wages for Engineering |
University HECS
The University of Sydney |
| Year 1 |
+$15236 Plus Overtime, Allowances, Tools |
-$6979 |
| Year 2 |
+$17680 Plus Overtime, Allowances, Tools |
-$6979 |
| Year 3 |
+$22552 Plus Overtime, Allowances, Tools |
-$6979 |
| Year 4 |
+$27227 Plus Overtime, Allowances, Tools |
|
| Totals |
$82695 Plus Overtime, Allowances, Tools |
-$20937 Debt |
These figures are based on an apprenticeship in Engineering Mechanical (Fitter and Turner) commencing the apprenticeship at completion of Year 12 schooling.
The HECS debt is based on a Commonwealth supported place in the University of Sydney for the following courses:
- Economics and Business
- Architecture
- Maths
- Computing
- Health
- Engineering
- Science
- Surveying
- Agriculture
The HECS-Help loan is repaid through the tax system once the student is working and their income reaches a threshold, currently $36,184. |
