This package will support Victorian universities to help thousands of Victorians to stay in 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 coronavirus (COVID-19) pandemic on Victorian universities.
The $350 million fund will support universities with capital works, applied research and research partnerships focused on boosting Victoria’s productivity and economy as the state recovers from the impacts of the virus, which have hit universities hard.
The Department will work with all Victorian universities on the allocation of funding through the Victorian Higher Education State Investment Fund.
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 coronavirus (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