* $1.2 billion cut by converting student start up scholarships to income contingent loans for new youth allowance, Austudy and Abstudy recipients from January 1, 2014
* $902.7 million cut via efficiency dividend applied to university funding (2 per cent in 2014 and 1.25 per cent in 2015)
* $236.6 million cut from ending discounters for up-front and voluntary repayments of HECS-HELP debts
* $520 million cut from capping work-related education expenses
* $135.3 million (over five years) to continue Australian Research Council future fellowships
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* $97 million to 2017 for new university places, targeted at areas of need like teaching and language studies
* $185.9 for running cooperative research infrastructure
* $51 billion expected higher education investment over five years
