What scholarships and fee waivers are available for Master's in Psychology programs in Australia, and what are their typical values?

Yes, there are real scholarship and fee waiver options for a Master's in Psychology in Australia, though the value depends heavily on whether you choose a coursework program or a Master by Research. Coursework scholarships typically cut tuition by 10 to 30 percent, while research scholarships can cover tuition in full plus a living stipend.

Scholarships Worth Investigating

Why Clinical Psychology Scholarships Are More Limited

Clinical and professional psychology master's programs often carry high full fee tuition with fewer scholarship options; UNSW's 2026 indicative Master of Psychology (Clinical) fee runs about A$58,500 for the first year, close to A$122,000 to complete, and several universities, including UOW, specifically exclude their clinical psychology program from general international scholarships.

My Advice

If academia or research interests you at all, seriously compare a Master by Research against a coursework degree, since the funding gap is enormous, a full fee offset plus stipend versus a 10 to 30 percent discount. For clinical or counselling psychology specifically, always check the individual scholarship's fine print, since exclusions for clinical programs are common rather than the exception.