House of Representatives
Higher Education Support Amendment (Demand Driven Funding System and Other Measures) Bill 2011
Explanatory Memorandum
Circulated By Authority of the Minister for Tertiary Education, Skills, Jobs and Workplace RelationsFINANCIAL IMPACT STATEMENT
The cost of the demand driven funding system for undergraduate student places from 2010 to 2015 is estimated to be $3.97 billion.