Master of Psychology in Australia 2027: Top Universities, Fees, Requirements and Jobs
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Manik

Study Abroad Content Specialist | Updated on - Sep 19, 2026

The master of psychology in Australia is a 2-year APAC-accredited professional degree. It qualifies graduates for direct registration with the Psychology Board of Australia (PsyBA). Seven universities offer this program to international students, including five in the QS Subject Rankings (Psychology) top 50. Masters in psychology Australia fees range from AUD 40,400/yr to AUD 62,976/yr. Masters in psychology Australia requirements include a 4-year APAC-equivalent Honours degree with a minimum H2A (75%) result and IELTS 7.0 overall. Indian students must also complete a mandatory APS qualification assessment before applying.

Key highlights for Indian students targeting February 2027 intake:

  • APAC accreditation: Graduates register directly with PsyBA. No national exam required.
  • Psychologist shortage: Australia has a 57.3% shortfall of psychologists in health settings (2025 data).
  • Fees: AUD 40,400/yr to AUD 62,976/yr for international students.
  • APS assessment: Mandatory for Indian degrees. Takes 2 months. Start immediately.
  • No GRE/GMAT: Selection is based on academic merit, Casper test, and interview.
  • Post-study work: 2 to 4 years on Subclass 485 Temporary Graduate Visa.
  • PR pathway: Registered Psychologist (ANZSCO 272311) is on Australia's Skills in Demand list.

Latest Updates (September 2026):

  • The Australian Government's Psychology Supply and Demand Study (April 2026) confirms a 57.3% shortfall of psychologists in health settings in 2025. This is projected to reach 96.6% by 2038.
  • The APS qualification assessment is mandatory for Indian students before applying. It takes 2 months. Begin this in September 2026 for February 2027 intake.
  • The Subclass 485 Temporary Graduate Visa fee increased to AUD 5,750 (INR 3.93 lakh) from 1 July 2026.
  • Australia's 2027 international student cap is frozen at 295,000 new overseas student commencements. Apply early.
  • Macquarie University applications for February 2027 open on 2 September 2026 and close on 31 October 2026.
  • International students in Australia can now work unlimited hours. The minimum wage is AUD 24.10/hour.

Currency conversion: AUD 1 = INR 68.35 (September 2026).

Check: Study in Australia for Indian Students

Infographic about a Master of Psychology in Australia for 2027, showing a 2-year program, 7 universities, international tuition of AUD 40,400–62,976 per year, and key highlights including APAC accreditation, admission requirements, IELTS 7.0 English proficiency, and career opportunities. Sydney Opera House and skyline appear in the background.


Top Universities for Master of Psychology in Australia

Top universities for master of psychology in Australia include 7 universities according to QS World University Rankings by Subject: Psychology 2026. All 7 universities offer APAC-accredited programs open to international Indian students. APAC accreditation means graduates can apply directly for PsyBA registration upon graduation.

University Location QS World University Rankings by Subject: Psychology 2026
University of Melbourne Melbourne, VIC #13
UNSW Sydney Sydney, NSW #19
Australian National University (ANU) Canberra, ACT #30
Monash University Melbourne, VIC #31
University of Queensland (UQ) Brisbane, QLD #40
Macquarie University Sydney, NSW #195
Deakin University Melbourne (Burwood), VIC #383

Important note for Indian students: All applicants must complete an APS qualification assessment before applying. This is mandatory at all 7 universities. Begin this process in September 2026 for February 2027 intake.

Student Insight

According to Reddit, the APS assessment is the most critical step. Students recommend starting it at least 3 months before the application deadline.

Read More: List of the Best Psychology Universities in Australia


Specialisations in Master of Psychology in Australia

Some of the top specialisations in master of psychology in Australia are Child and Adolescent Psychology, Neuropsychology, Forensic Psychology, and Organisational Psychology. All APAC-accredited programs follow the Scientist-Practitioner model with a core curriculum.

  • Child and Adolescent Psychology: Highest demand in Australia, especially in NDIS settings. Best universities: Monash, UQ, Macquarie.
  • Neuropsychology: Growing demand in hospital settings. ANU and Monash have strong research links in this area.
  • Forensic Psychology: Niche but growing in Australia's justice system. Monash and Deakin have strong forensic research groups.
  • Organisational Psychology: Clinical graduates can pivot to EAP and corporate mental health consulting. Earning potential reaches AUD 95,000 to AUD 1,80,000+/yr.
  • Telehealth and Digital Mental Health: Australia is a global leader in digital mental health. Macquarie has a dedicated telehealth psychology clinic.
  • Cultural and Diversity Psychology: Indian graduates bring a unique cross-cultural perspective. This is a strong differentiator in Australia's multicultural job market.

Student Insight

According to Reddit, Child and Adolescent Psychology is the most recommended specialisation for immediate NDIS employment after PsyBA registration.


Eligibility and Requirements for Master of Psychology in Australia

Masters in psychology Australia requirements include a 4-year APAC-equivalent Honours degree with a minimum H2A (75%) result and IELTS 7.0 overall. No GRE or GMAT is required at any university. Most universities also require a Casper test and a formal interview.

General Requirements

  • Academic background: 4-year APAC-equivalent Honours degree in Psychology. Minimum H2A (75%) in the Honours year. ANU requires a minimum GPA of 5.5/7.0. UQ requires 5.0/7.0. Macquarie requires a minimum WAM of 75 in both Years 1 to 3 and Honours.
  • APS assessment: Mandatory for all Indian applicants. Takes 2 months.
  • English proficiency: IELTS 7.0 overall (no band below 7.0) at most universities. ANU and UNSW also accept TOEFL 100.
  • GRE/GMAT: Not required at any university.
  • Casper test: Required at Monash, UQ, Macquarie, and Deakin. Register at least 6 to 8 weeks before the deadline.
  • Interview: Required at all 7 universities.

Documents Required

  • Bachelor's and Honours degree transcripts and certificates
  • APS qualification assessment report
  • Statement of Purpose (SOP)
  • 2 to 3 Letters of Recommendation (LORs)
  • Updated CV with research and clinical experience
  • Valid Indian passport
  • Casper test results (required at Monash, UQ, Macquarie, and Deakin)

Student Insight

According to Quora, Indian students who clearly articulate their clinical experience and motivation for practising in Australia perform significantly better in interviews.

Check: How to Apply for Australian Universities in 2027


Tuition Fees for Master of Psychology in Australia

Masters in psychology Australia fees for international students range from AUD 40,400/yr (INR 27.63 lakh/yr) at Macquarie University to AUD 62,976/yr (INR 43.04 lakh/yr) at the University of Melbourne. Fees for 2027 intake may increase. Verify on the official program page before applying.

University Program Duration Tuition Fees (AUD/yr) Tuition Fees (INR/yr)
University of Melbourne Master of Psychology (Clinical) 2 years AUD 62,976 INR 43.04 lakh
UNSW Sydney Master of Clinical Psychology 2 years AUD 58,500 INR 39.99 lakh
ANU Master of Clinical Psychology 2 years AUD 60,870 INR 41.65 lakh
Monash University Master of Clinical Psychology 2 years AUD 59,440 INR 40.63 lakh
University of Queensland Master of Clinical Psychology 2 years AUD 60,952 INR 41.67 lakh
Macquarie University Master of Clinical Psychology 2 years AUD 40,400 INR 27.63 lakh
Deakin University Master of Psychology (Clinical) 2 years AUD 47,200 INR 32.28 lakh

Student Insight

According to Reddit, Macquarie University is consistently recommended as the best value option. It has Australia's first university-led teaching hospital on campus at the lowest fee among all 7 universities.

Check Out: Cheapest Universities in Australia


Cost of Living for Master of Psychology in Australia

The cost of living for master of psychology students in Australia ranges from AUD 2,000 to AUD 3,200/month depending on the city. Sydney is the most expensive city. Canberra and Brisbane are the most affordable options.

City Universities Monthly Cost (AUD) Monthly Cost (INR)
Melbourne University of Melbourne, Monash University, Deakin University AUD 2,200 to AUD 2,800 INR 1.50 lakh to INR 1.91 lakh
Sydney UNSW Sydney, Macquarie University AUD 2,500 to AUD 3,200 INR 1.71 lakh to INR 2.19 lakh
Canberra ANU AUD 2,000 to AUD 2,500 INR 1.37 lakh to INR 1.71 lakh
Brisbane University of Queensland AUD 2,000 to AUD 2,600 INR 1.37 lakh to INR 1.78 lakh

Monthly cost breakdown (indicative):

  • Rent: AUD 900 to AUD 1,600/month
  • Food: AUD 400 to AUD 600/month
  • Transport: AUD 150 to AUD 250/month
  • Utilities and Internet: AUD 100 to AUD 200/month
  • Personal and miscellaneous: AUD 200 to AUD 400/month

Choosing ANU (Canberra) or UQ (Brisbane) over UNSW (Sydney) saves AUD 6,000 to AUD 8,400/yr in living costs. Clinical placement schedules are intensive. Do not rely on part-time income to cover tuition.

Student Insight

According to Reddit, Indian students in Canberra report lower living costs and a more study-focused environment compared to Sydney or Melbourne.

Also Read: Cost of Living in Australia for Indian Students


Scholarships for Master of Psychology in Australia

Scholarships for master of psychology in Australia include the ANU Chancellor's International Scholarship (India category, 25% tuition reduction) and the Australia Awards Scholarship (fully funded). Most university scholarships are assessed automatically at the time of application.

Scholarship Awarded By Reward (AUD) Reward (INR) Eligibility
ANU Chancellor's International Scholarship ANU 25% off total tuition (AUD 30,435 total) INR 20.81 lakh total Indian students; automatic consideration with admission
ANU International Achievement Award ANU 20% to 50% off tuition for up to 4 years INR 16.66 lakh to INR 41.65 lakh International students; automatic consideration
Monash International Merit Scholarship Monash University Up to AUD 50,000 over course duration INR 34.18 lakh Academic excellence; automatic consideration
UQ International High Achievers Scholarship University of Queensland 20% tuition reduction per semester INR 14.72 lakh total International students including Indian nationals; automatic
UNSW International Student Award UNSW Sydney 20% tuition contribution per year Varies Commencing international students from India; separate personal statement required
Macquarie Vice-Chancellor's International Scholarship Macquarie University Up to AUD 10,000 INR 6.84 lakh International students; merit-based
Australia Awards Scholarship Australian Government Full tuition + living allowance + return airfare + OSHC Fully funded Indian students; highly competitive; return-to-India condition applies; deadline April 30 annually

Student Insight

According to Reddit, the ANU Chancellor's International Scholarship is the most accessible automatic scholarship for Indian students.

Read More: Scholarships in Australia for Indian Students


Jobs After Master of Psychology in Australia

Jobs after master of psychology in Australia include Clinical Psychologist, Organisational Psychologist, Mental Health Clinician, and Research Psychologist. Indian graduates register directly with PsyBA upon graduation.

Job Role Average Annual Salary (AUD) Average Annual Salary (INR)
Clinical Psychologist (General Registration) AUD 93,024 INR 63.60 lakh
Clinical Psychologist (Endorsed/Senior) AUD 1,10,000 to AUD 1,28,000 INR 75.19 lakh to INR 87.49 lakh
Organisational Psychologist AUD 95,330 INR 65.17 lakh
Mental Health Clinician (Hospitals/Community) AUD 80,000 to AUD 95,000 INR 54.68 lakh to INR 64.93 lakh
Psychologist (Private Practice) AUD 90,000 to AUD 1,30,000+ INR 61.52 lakh to INR 88.86 lakh+
Research Psychologist/Academic AUD 85,000 to AUD 1,10,000 INR 58.10 lakh to INR 75.19 lakh

Post-study work and PR pathway:

  1. Complete Master of Psychology (2 years) and register with PsyBA directly.
  2. Enter the Clinical Registrar Program for an Area of Practice Endorsement. This takes 1 to 2 years.
  3. Apply for Subclass 485 Temporary Graduate Visa. This gives 2 years in Sydney and Melbourne, and up to 4 years in Canberra and Brisbane.
  4. Gain 2 to 3 years of Australian psychology work experience.
  5. Apply for Subclass 482 with employer sponsorship, leading to Subclass 186 Permanent Residency.

Note: Registered Psychologist (ANZSCO 272311) is on Australia's Skills in Demand list, making Indian graduates eligible for Subclass 482 and subsequently Permanent Residency (Subclass 186).

Student Insight

According to Reddit, Indian psychology graduates find employment within 3 to 6 months of PsyBA registration. NDIS providers and community mental health centres are the fastest-hiring employers.

Explore: Jobs in Australia for Indian Students


Application Deadlines for Master of Psychology in Australia

Application deadlines for master of psychology in Australia for February 2027 intake range from 31 October 2026 at Macquarie to 30 November 2026 at the University of Melbourne and UQ. Indian students in September 2026 must act immediately. Most deadlines fall in October and November 2026.

University Program February 2027 Deadline Status (September 2026)
University of Melbourne Master of Psychology (Clinical) 30 November 2026 Open — apply now
UNSW Sydney Master of Clinical Psychology 6 August 2026 Closed — target Feb 2028
ANU Master of Clinical Psychology 30 September 2026 Open — deadline in 11 days; apply urgently
Monash University Master of Clinical Psychology Rolling admissions Open — apply as soon as possible
University of Queensland Master of Clinical Psychology 30 November 2026 Open — apply now
Macquarie University Master of Clinical Psychology 31 October 2026 Open — closes in 6 weeks
Deakin University Master of Psychology (Clinical) October to November 2026 Open — check official page immediately

Action plan for Indian students in September 2026:

  • Immediately: Begin APS qualification assessment if not already started.
  • By end of September 2026: Submit application to ANU. Register for Casper test if applying to Monash, UQ, Macquarie, or Deakin.
  • October 2026: Submit application to Macquarie. Prepare SOP and LORs for remaining universities.
  • November 2026: Submit applications to University of Melbourne and UQ. Finalise Monash and Deakin applications.
  • December 2026 to January 2027: Accept offer, obtain CoE, apply for Subclass 500 Student Visa.

Student Insight

According to Reddit, students who apply in the first 2 weeks of the application window have a significantly higher chance of receiving an interview invitation.

Also Read: Intakes in Australia


Indian students in September 2026 must start the APS assessment immediately. ANU's deadline is 30 September 2026 and Macquarie closes on 31 October 2026. For the best value, choose Macquarie at AUD 40,400/yr. For the highest-ranked option, choose the University of Melbourne (QS #13) at AUD 62,976/yr.


FAQs

Ques. What are the top universities for master of psychology in Australia for Indian students?

Ans. Top universities include the University of Melbourne (QS #13), UNSW Sydney (QS #19), ANU (QS #30), Monash University (QS #31), and University of Queensland (QS #40). Macquarie University and Deakin University are also strong options. All 7 universities offer APAC-accredited programs that lead directly to PsyBA registration upon graduation.

Ques. What are the fees for master of psychology in Australia for Indian students?

Ans. Annual fees range from AUD 40,400/yr (INR 27.63 lakh/yr) at Macquarie University to AUD 62,976/yr (INR 43.04 lakh/yr) at the University of Melbourne. Total 2-year tuition ranges from AUD 80,800 (INR 55.26 lakh) at Macquarie to AUD 1,25,952 (INR 86.09 lakh) at the University of Melbourne.

Ques. What are the requirements for master of psychology in Australia for Indian students?

Ans. Requirements include a 4-year APAC-equivalent Honours degree with a minimum H2A (75%) result, an APS qualification assessment, IELTS 7.0 overall, and a Casper test and interview at most universities. No GRE or GMAT is required.

Ques. What is the APS assessment and why do Indian students need it?

Ans. The APS qualification assessment verifies that an Indian psychology degree is equivalent to an APAC-accredited Australian Honours sequence. It is mandatory before applying to any program. It takes 2 months and involves a fee.

Ques. Do Indian graduates need to sit a national exam after completing the master of psychology in Australia?

Ans. No. Graduates of APAC-accredited programs apply directly for PsyBA registration. After registration, they enter the Clinical Registrar Program for an Area of Practice Endorsement. This takes 1 to 2 years of supervised practice.

Ques. What is the post-study work visa for master of psychology graduates in Australia?

Ans. Graduates receive a Subclass 485 Temporary Graduate Visa allowing 2 to 4 years of unrestricted work. Graduates in Canberra or Brisbane receive up to 3 to 4 years. Graduates in Sydney and Melbourne receive 2 years. The visa fee is AUD 5,750 (INR 3.93 lakh) from 1 July 2026.

Ques. Is Registered Psychologist on Australia's skilled occupation list for PR?

Ans. Yes. Registered Psychologist (ANZSCO 272311) is on Australia's Skills in Demand list. This makes Indian graduates eligible for Subclass 482 with employer sponsorship, leading to Permanent Residency via Subclass 186.

Ques. What is the salary after master of psychology in Australia for Indian graduates?

Ans. Clinical Psychologists with general registration earn AUD 93,024/yr (INR 63.60 lakh/yr). Endorsed or Senior Clinical Psychologists earn AUD 1,10,000 to AUD 1,28,000/yr. Private practice psychologists earn AUD 90,000 to AUD 1,30,000+/yr.

Ques. Which is the most affordable university for master of psychology in Australia?

Ans. Macquarie University is the most affordable at AUD 40,400/yr (INR 27.63 lakh/yr). It also has Australia's first university-led teaching hospital on campus. Deakin University at AUD 47,200/yr (INR 32.28 lakh/yr) is the second most affordable option.

Ques. What is the Casper test and which universities require it?

Ans. The Casper test is a situational judgement test that assesses professional readiness and ethical reasoning. It is required at Monash University, University of Queensland, Macquarie University, and Deakin University. Register at least 6 to 8 weeks before the application deadline.

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Found 28 universities

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RankingCollege InfoTop CoursesFees & Cost of Living
#21/350 QS Ranking 2025(Psychology)

University of Melbourne, Melbourne

8.7(Based on 59 User Reviews)Victoria, Australia70%Acceptance Rate
MS Psychology - Clinical Psychology
Course duration:
2 years
Exams Accepted:
TOEFL5PTE72
View 6 Other Programs
Tuition:  
(A$63,986/Yr)$45.4K/Yr
Check Admission Requirements
#32/350 QS Ranking 2025(Psychology)

University of New South Wales, Sydney

8.0(Based on 14 User Reviews)New South Wales, Australia60%Acceptance Rate
MS Clinical Psychology
Course duration:
2 years
Exams Accepted:
IELTS7PTE65
View 3 Other Programs
Tuition:  
(A$49,438/Yr)$35.1K/Yr
Living
(A$1,335/Yr)$947.85/Yr
Check Admission Requirements
#88/350 QS Ranking 2025(Psychology)

Australian National University, Canberra

7.8(Based on 12 User Reviews)Australian Capital Territory , Australia35%Acceptance Rate
M.S Clinical Psychology
Course duration:
2 years
View 2 Other Programs
Tuition:  
(A$50,325/Yr)$35.7K/Yr
Check Admission Requirements
#68/350 QS Ranking 2025(Psychology)

Monash University, Melbourne

5.5(Based on 45 User Reviews)Victoria, Australia40%Acceptance Rate
MA Educational and Developmental Psychology
Course duration:
2 years
Exams Accepted:
TOEFL5PTE66
View 1 Other Program
Tuition:  
(A$46,350/Yr)$32.9K/Yr
Living
(A$15,840/Yr)$11.2K/Yr
Check Admission Requirements
#101/350 QS Ranking 2025(Psychology)

University of Western Australia, Perth

8.3(Based on 10 User Reviews)Western Australia, Australia38%Acceptance Rate
MS Industrial and Organisational Psychology
Course duration:
2 years
Exams Accepted:
IELTS7PTE65
Programs
Tuition:  
(A$50,700/Yr)$36K/Yr
Check Admission Requirements
#201/350 QS Ranking 2025(Psychology)

University of Technology Sydney, Sydney

6.0(Based on 25 User Reviews)New South Wales, Australia19%Acceptance Rate
MA Clinical Psychology
Course duration:
2 years
Exams Accepted:
TOEFL5PTE65
View 1 Other Program
Tuition:  
(A$59,865/Yr)$42.5K/Yr
Check Admission Requirements
#39/350 QS Ranking 2025(Psychology)

The University of Sydney, Sydney

6.7(Based on 20 User Reviews)New South Wales, Australia30%Acceptance Rate
MS Clinical Psychology
Course duration:
2 years
Exams Accepted:
TOEFL5PTE64
View 1 Other Program
Tuition:  
(A$57,900/Yr)$41.1K/Yr
Living
(A$11,760/Yr)$8.3K/Yr
Check Admission Requirements
#34/350 QS Ranking 2025(Psychology)

The University of Queensland, Brisbane

7.3(Based on 25 User Reviews)Queensland, Australia40%Acceptance Rate
MS Speech Pathology Studies
Course duration:
2 years
Exams Accepted:
TOEFL5PTE72
View 4 Other Programs
Tuition:  
(A$55,261/Yr)$39.2K/Yr
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#101/350 QS Ranking 2025(Psychology)

Macquarie University, Sydney

9.0(Based on 20 User Reviews)New South Wales, Australia54%Acceptance Rate
MS Clinical Psychology
Course duration:
2 years
Exams Accepted:
IELTS7PTE68
View 3 Other Programs
Tuition:  
(A$49,525/Yr)$35.2K/Yr
Living
(A$26,400/Yr)$18.7K/Yr
Check Admission Requirements
#251/601 THE Ranking 2025(Psychology)

RMIT University, Melbourne

7.0(Based on 35 User Reviews)Victoria, Australia22%Acceptance Rate
MS Psychology
Course duration:
2 years
Programs
Tuition:  
(A$38,400/Yr)$27.3K/Yr
Living
(A$28,800/Yr)$20.4K/Yr
Check Admission Requirements
#101/350 QS Ranking 2025(Psychology)

Deakin University, Geelong

7.3(Based on 42 User Reviews)Victoria, Australia75%Acceptance Rate
Master of Psychology (Organisational)
Course duration:
2 years
Programs
Tuition:  
(A$44,400/Yr)$31.5K/Yr
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#151/350 QS Ranking 2025(Psychology)

University of Adelaide, Adelaide

10.0(Based on 16 User Reviews)South Australia, Australia75%Acceptance Rate
MS Psychology - Health
Course duration:
2 years
Exams Accepted:
TOEFL4PTE64
Programs
Tuition:  
(A$52,200/Yr)$37.1K/Yr
Living
(A$19,440/Yr)$13.8K/Yr
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#101/350 QS Ranking 2025(Psychology)

Queensland University of Technology, Brisbane

6.3(Based on 14 User Reviews)Queensland, Australia77%Acceptance Rate
Master of Counselling
Course duration:
2 years
Exams Accepted:
IELTS7PTE66
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Tuition:  
(A$34,933/Yr)$24.8K/Yr
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#151/350 QS Ranking 2025(Psychology)

University of Newcastle, Newcastle

7.7(Based on 7 User Reviews)New South Wales, Australia87%Acceptance Rate
M.S Clinical Psychology
Course duration:
2 years
Programs
Tuition:  
(A$13,875/Yr)$9.9K/Yr
Living
(A$11,158/Yr)$7.9K/Yr
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#151/350 QS Ranking 2025(Psychology)

La Trobe University, Melbourne

6.0(Based on 15 User Reviews)Victoria, Australia
M.S Clinical Psychology
Course duration:
2 years
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Tuition:  
(A$41,350/Yr)$29.4K/Yr
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#251/350 QS Ranking 2025(Psychology)

Griffith University, Brisbane

7.7(Based on 9 User Reviews)Queensland, Australia
MS Clinical Psychology
Course duration:
2 years
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Tuition:  
(A$42,500/Yr)$30.2K/Yr
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#301/601 THE Ranking 2025(Psychology)

University of Tasmania, Hobart

3.0(Based on 3 User Reviews)Tasmania, Australia
M.S Professional Psychology
Course duration:
1 year
Programs
Tuition:  
(A$37,296/Yr)$26.5K/Yr
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#251/350 QS Ranking 2025(Psychology)

Flinders University, Adelaide

6.3(Based on 6 User Reviews)South Australia, Australia
Master Psychology (Clinical)
Course duration:
2 years
Exams Accepted:
IELTS7PTE65
View 6 Other Programs
Tuition:  
(A$40,600/Yr)$28.8K/Yr
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#251/350 QS Ranking 2025(Psychology)

Western Sydney University, Sydney

3.7(Based on 15 User Reviews)New South Wales, Australia
M.S Clinical Psychology
Course duration:
2 years
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Tuition:  
(A$42,336/Yr)$30.1K/Yr
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#401/601 THE Ranking 2025(Psychology)

Victoria University, Melbourne

8.3(Based on 4 User Reviews)Victoria, Australia64%Acceptance Rate
M.A Applied Psychology (Community Psychology)
Course duration:
2 years
Programs
Tuition:  
(A$37,600/Yr)$26.7K/Yr
Living
(A$13,000/Yr)$9.2K/Yr
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