Time, fees and costs

Psychiatry training requires a significant investment of time, and there are fees that apply at different points during the Fellowship program.

This page provides an overview of what to expect.

Length of training

You must complete a minimum of 60 months FTE (full-time equivalent) of supervised psychiatry training in accredited training posts.

You may choose to complete some or all of your training part-time, or take breaks in training.

It’s common for trainees to take more than the minimum 5 years to complete the entire Fellowship program.

Fees

At different points in training, fees will apply. As an indication:

Initial registration fee $702
Annual full-time training fee $2072
Fees for 6 major assessments ranging from $700 to $1300 each
Formal Education Course fees (these are offered externally to the College and fees vary depending on your location and choice of course)

Help with paying fees

The formal education portion of your training may be eligible for a HELP loan in Australia, depending on the course and your circumstances. In Aotearoa New Zealand some training fees may be supported by your employer.

The RANZCP offers up to A$6,000 per calendar year to assist Aboriginal, Torres Strait Islander and Māori trainees with the costs of specialist training and other activities to achieve Fellowship.

Payment plans can also be arranged to help manage your costs.