For specific details regarding courses, please refer to the relevant Fact Sheets in the
Courses section of the website. These FAQ’s offer more general information about The National Finance Institute.
Terms and Conditions section also contains information which you may find helpful, particularly regarding the Certificate IV
Does the National Finance
Institute close for the holiday season?
A. We close for two weeks each Christmas and New Year period; exact dates will be
placed on our website closer to the time. Minimal marking or issuing of certificates
occurs during this period but access to online courses is maintained. If you submit anything
during this time it will be reviewed in January. If you require an extension
to complete your course, please use our extension form at
I can't log into my online course any more, what can I do?
A. If you are still within your completion period, contact us
and we can reset your login details. If you are now outside your completion period, you will need to contact NFI as
some courses do not have any further
extensions available and you may need to be transitioned into the updated
version of your course.
I may need to refresh the cache
on my internet explorer window so as to see my online courses - how do I do
A. To access the broking courses on our online platform,
the website address is:
http://financeinstitute.ecampusv2.com.au/ . If you need to delete your
Internet Explorer cache to refresh this site for some reason, you can follow the instructions on
Do you offer courses by distance education mode?
A. Yes, all our courses are offered by distance education mode.
Can I just pay for and study one
unit at a time?
A. Yes, for our Certificate IV in Accounting and Bookkeeping or the
Diploma of Accounting and any Business course, you may choose to study just one
unit at a time. Even though it will cost slightly more to achieve the full
qualification than if you were to pay up front, it is a good way of spreading
your payments over time.
What's the difference between
online elearning and distance learning?
A. Online learning provides for access to the course through a dedicated
website, so all course content is accessible your computer 24/7. Our
FNS40815 and FNS50315 online content allows for printing if desired but our
other courses do not allow for printing of course content. If you wish to
study from a hard copy (printed version) of the course then this is what we
refer to as distance learning. Distance learning trainees also get online
access but online elearning trainees do not receive any printed material.
There are additional fees for studying by distance learning.
Why do I need a USI?
Click here for
information on the Unique Student Identifier (USI). It is a Government requirement
for all students who are studying, with any institution in Australia, from
1/1/15 to register for a USI. A USI can be created in just 5 minutes at
What happens if I enrol in a
workshop, but then can’t attend?
A. It may be affected by how much notice you are able to give us or
whether you are going to transfer to a different workshop. Please refer to our
Terms and Conditions section.
How does graduate placement work?
A. If you let us know that you wish to be considered for graduate placement, you
should provide us with a CV/resume after you have graduated. NFI will then scan your resume and email it to our industry partners for consideration in employment.
Do you offer training for larger corporate groups?
A. Yes, we offer tailored solutions to corporate clients. NFI can blend a course and contents to develop a training solution suited to individual
or group needs. Click here for more details.
When are exam timetables available for distance education students?
A. There are no exam requirements with our courses. Instead we have
online questions, exercises and case study assignments and projects. There
is no requirement to attend a specific scheduled assessment day, you complete
assessments in your own time at your own location.
Will doing work experience help me to get a job?
A. Yes, in most cases undertaking work experience demonstrates initiative and enthusiasm to potential employers, therefore increasing your likelihood of gaining employment.
Do you provide specific course information on this website?
A. Yes, you will find Course Fact Sheets in the
Courses section of this website
or on our
How do I find out about available jobs in the Mortgage Industry?
A. Advertised jobs are only the tip of the ‘employment iceberg’. To
locate available jobs you should try to start networking within the Mortgage
Industry. Attend industry functions, conferences and awards nights – get known!
Perhaps start locating jobs in industry magazines, employment websites and
employment agencies that specialise in the Mortgage Industry. We also have some
leads available on
http://financeinstitute.com.au/graduates.php from existing companies seeking
those with passion to join the industry.
Can I speak to someone about NFI’s courses?
A. Yes, certainly! Please call Client Services on 1300 765 400 – we’d be delighted to hear from you.
When do course enrolments close?
A. You can find a schedule of proposed workshop dates by
clicking here. We ask that you
enrol in a workshop as far in advance as possible of your chosen course date. Distance education and online courses can commence at any time you desire.
How do I enrol in a course?
A. Click on the green Enrol Here button on any page, choose your
preferred course/study mode, answer the enrolment questions and we will
automatically receive notification of your enrolment. One of our team will
then email you with all relevant details. If you are unable enrol through
our website for some reason, a pdf version of our Course Enrolment Forms can be sent via fax or mail, or scan/email to NFI. Full details are provided at the bottom of the
pdf enrolment form. The form can be found on our
How will my results be advised to me?
A. You will receive your results via post, not more than four (4) weeks after you have submitted all your assessments. Certain online assessments will show results via the online platform.
What if I don’t pass my assignments?
A. NFI’s trainers are available for assistance by phone or email to help you if you encounter difficulty in completing your assignments. If you do not reach the
required competency level on your first attempt, you can re-submit your
assessment at no extra cost. We want to help you achieve success whenever
When do I get my Certificate?
A. You will receive your Certificate once your assessments have been submitted and you have achieved
Competency as determined by an assessor. We will forward this to you by post, within 4 weeks of your
passing all of your assessments. We can also email a copy to you, ahead of mailing it, if required for
What is RPL and who can apply?
A. For full details on RPL, please
Is the Mortgage Consultant Qualifying Certificate the same as a Certificate IV?
A. The MCQC course is the name we previously used for our Certificate IV in Financial Services (Finance/Mortgage Broking).
This course is now referred to as the FNS40815 Certificate IV in Finance and
Mortgage Broking and is a nationally recognised qualification under our Registered Training Organisation (RTO) national provider number 31203. Successful completion of this course along with successful completion of the MFAA Initial Compliance Pack
(incorporating Anti Money Laundering), will fulfill the education requirements for Accredited Mortgage Consultant status.
With the FNS50315 course, what is
the difference between the Upgrade Diploma and the Full Diploma?
A. The FNS50315 Upgrade Diploma study course is for students who already
hold a Certificate IV in mortgage broking and only need to do the "upgrade"
components to achieve an FNS50315 Diploma. The end result is the graduate
then holds a Certificate IV as well as a Diploma certificate. The FNS50315
Full Diploma however, is for students who do not hold a Certificate IV in
mortgage broking and are not seeking a Certificate IV. Once a student has
completed the FNS50315 Full Diploma course, they will receive a single
certificate being the FNS50315 Diploma of Finance & Mortgage Broking Management.
Students enrolling in the "Package" option would receive their Certificate IV
certificate once they successfully complete the Cert IV assessments and then
they would receive a Diploma certificate once the Diploma upgrade assessments
are successfully completed. The
Package option is the most popular as this allows students to enter the
mortgage broking industry with their Certificate IV, whilst they continue to
study towards their upgrade Diploma qualification.
I don’t know whether being a mortgage broker is the right decision for me or not. Is there any way to find out what it’s really like being a mortgage broker before I commit to doing the full course?
A. We are happy to discuss this with you over the phone. You can
phone us on 1300 765 400 Monday to Friday, 9am to 5pm.
Will you help me get accreditation with the banks and other lenders after I have completed my course?
A. Many mortgage broking groups (for example, aggregators and franchisors) arrange lender accreditations for their brokers. The provision of accreditation with lending institutions is at their discretion.
For links to various aggregators, please see our Resources page.
How can I make payment for my
A. All course fees are in Australian dollars. Payment options are
provided when you enrol through our website at the
Enrol Here link.
You can use any credit card through our secure eWay connection, or PayPal,
or you can make a bank transfer (either through internet banking or by making a deposit
at a St George branch). Bank details are provided after your enrol if you choose the bank
transfer method. You can also send a cheque in the mail and once it has
cleared you will be able to start your course. For all
course payments we will issue the receipt by email.
Where do I find out more
information about refunds, transfers, policies, etc.?
A. Additional information can be found in the trainee Handbook which,
along with many forms, can be found on our