FCVic supports delivery of the nationally accredited Diploma of Financial Counselling. 

About the Diploma

FCVic supports the delivery of the nationally accredited Diploma of Financial Counselling, which is the required qualification to practice as a financial counsellor in Australia.

The Diploma of Financial Counselling comprises 17 units of study. It is of one year duration if taken full time. It can also be competed part-time over two years.

A 220 hour structured work placement is a part of the course. Students will be assisted to locate placement opportunities.

Financial counselling is an intense job and the course is demanding, requiring at least 10 -12 hours per week of additional study outside the classroom.

Financial counselling is a unique blend of legal and advocacy work delivered within a counselling model of practice and a framework of social justice. The course includes areas of Australian Consumer Law, Credit Law, Social Security Law and a number of other legislative frameworks as well as learning counselling and individual and systemic



Course Code: CHC51115

Course Details: Training.gov.au – CHC51115

Victorian-based providers
(Click the links to learn more):

ICAN Learn


From time to time providers may offer scholarships. FCVic will post information about these on this webpage where we are aware of opportunities.

Jan Pentland Foundation

Each year the Jan Pentland Foundation makes several scholarships available to people who they believe will make a great contribution to the financial counselling sector but require some financial assistance to complete the Diploma of Financial Counselling.

These scholarships cover costs associated with the diploma up to $5000. The Foundation invites people from all backgrounds to apply, and encourages applications from people who identify as Aboriginal and Torres Strait Islander and people with a refugee background.

Visit The Foundation’s website for more information and to apply.

Recognition of Prior Learning

Potential students can apply for Recognition of Prior Learning (RPL).

The student needs to demonstrate competence in all elements of the relevant unit/s through collection of evidence. Several types of evidence are required for each element/unit; some types of evidence can support a number of units, e.g. resume, position descriptions, etc. RPL is a process managed by the Registered Training Organisation (RTO), and forms and details will be provided by the RTO of your choice.

Credit Transfer

Students with existing qualifications may already have completed equivalent units in another course. If this is the case, and the course codes are identical, a student may be eligible for a Credit Transfer (CT). There’s no cost for CT. This process is managed by the RTO, and enquiries should be directed to the RTO of your choice.