For example, at the University of Auckland, the fee this year has been $9.44 per point, which works out at around $1,132.80 for a typical undergraduate.
At Victoria University of Wellington, the fee is $10.44 per point, working out a $1252.80 for the average student.
The fee is compulsory, but Act says it should not be, and the party will campaign on making the fee voluntary instead.
“Act will amend the regulations so universities must offer student services as a menu,” said Act tertiary education spokesperson Parmjeet Parmar.
“Students would select the services they want and pay only for those, from fitness facilities to students unions and student media. Services not chosen would still be available on a transparent user-pays basis.”
Act estimated it would let students save up to around $4000 on their student loan over the course of a degree, while also saving the taxpayer money as student debt was subsidised.
“Voluntary fees mean better-run services. If a union or any other university service struggles to attract willing subscribers, it can do what any other organisation or business does - improve its offering, or scale back its spending,” Parmar said.