Congrats! Sorry i am still stuck in office so have to reply in English. Did you mean the offer of Jan 2012 ? Try your best to get the scholarship, much better than nothing. Rent about AGSM should not be cheap coz it is a very popular location - close to City and Coogee beach!
The rent does seem to be high. From what I know, it's about 250~350 weekly for one bedroom! Sharing might be cheaper..... But hey, I was drawn to AGSM partly because of the awesome location.
I'm in finance as well. Let's keep in touch. Might be able to meet each other in campus