You don't get paid for anything during the course by Jetstar or Oxford. You will need to find a way to pay for rent/food/living in general during the 17 months at Moorabbin. The course is tough, don't expect to find much spare time after studying to work. I'd have a fair amount of money saved up before starting the course just to help on the living side of things.
As far as course costing, FEEHELP which works like HECS, is a loan from the government which covers course costs up to a maximum of approx $90,000 per person (this amount increases by a couple thousand every year to cater for inflation). The total cost of training is approximately $120,000 for all the phase 1 stuff which is basically everything except the A320 endorsement (which is done overseas and payed for by Jetstar see below). So that means you will need to pay $30,000 to make up the total cost using the full amount from FEEHELP. This $30,000 Oxford will require you to pay over the period of 17 months training at Moorabbin, so its not one bit installment! They will require around $10,000 up front, which covers most of the text books, fuel drain, headset, aircraft manuals, checklists and some aircraft time 30hrs PIC etc. They will ask for further installments every 6 months or so. If you already have a headset and other things they give you, you can save yourself a decent amount of money by not purchasing them. They use Bob Tait PPL, CPL, IREX manuals and DAPS for instrument training, if you have current books of these you can save yourself almost $100 for each book.
The A320 endorsement costs $33,000 which is fully payed for up front by Jetstar, and salary sacrificed by yourself once you are employed by Jetstar during years 2 and 3 of your employment. (Your first year with Jetstar you don't pay anything back for the endorsement)
Your salary with Jetstar will be around $60,000 for your first year increasing to just under $100,000 from then onwards. That's why they don't deduct your endorsement cost during your first year, as your not earning that much...
So in summing up, the actual amount of money you'll need to pay from your pocket is around $30,000. The $90,000 FEEHELP is all payed by the government up front, and you'll pay that back over your working lifetime when you earn over a certain threshold which from memory is $48,000pa, again the threshold increases every year. The $33,000 endorsement is payed for up front by Jetstar so again you won't need to bear any costs from your own pocket initially until employed by them during years 2 and 3 with the company.
Hope this helps, happy flying
