The Albanese government will on Tuesday announce the establishment of 34 new regional and suburban university study hubs.
They will be located in areas without a significant university campus and where the percentage of the population with tertiary qualifications is low.
The hubs will provide computers, internet and study spaces, as well as in-person academic skills support for students.
The investment is in response to the first priority identified in the Australian Universities Accord interim report, which called for the creation of more hubs to "extend visible, local access to tertiary education".
There are currently 34 existing regional university study hubs operating across the country.
The Department of Education will run an independent process to determine where the hubs are located.
Education Minister Jason Clare will release the interim report on Wednesday in a speech to the National Press Club in Canberra.
Mr Clare said younger Australians in the outer suburbs and regions were under represented when it came to having a higher education.
"I want this to change, and that means bringing university closer to them," he said.
"I want more young people from the outer suburbs and the regions to get a crack at going to university, and this will help."
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