A Master of Arts or Master of Science degree is a graduate-level course of study that typically requires more rigorous and focused work than an undergraduate degree. Students may pursue this education to deepen their understanding of topics learned in undergraduate school or to train for a specific career field.
Australia has a subsidized higher education for students pursuing the undergraduate degrees. They also give loan and grants for the post graduate students. Higher learning starts at undergraduate degree level to a doctoral degree offered in any field of study.