If you are an approved vocational education and training (VET) provider offering diploma, advanced diploma, graduate certificate and graduate diploma courses, you may be able to offer VET FEE-HELP.
How it works
An approved VET provider is a registered training organisation who has been approved by the Australian Government to offer VET FEE-HELP to their students.
If approved, you can offer a VET FEE-HELP loan to:
- a student of any age
- an Australian citizen, or a person holding a permanent humanitarian visa and resident in Australia for the duration of study
- studying toward a diploma and above.
A VET FEE-HELP student loan allows students to borrow funds to help pay for all or part of their tuition fees. The government pays student fees to the training provider on a student’s behalf. The student pays the loan back through the taxation system once their income is above the minimum repayment threshold.
Training Providers that are approved VET FEE-HELP providers are able to offer VET FEE-HELP to government subsidised students as well as to fee-for-service students.
For more information, visit VET FEE-HELP.
Changes to VET FEE-HELP and our response.
In October 2016, the Australian Government announced changes to VET FEE-HELP. A new scheme, VET Student Loans, starts from 1 January 2017.
The Australian Government sought feedback from stakeholders on the list of courses eligible for VET Student Loans.
For more information about the new scheme and arrangements for current VET FEE-HELP students, visit Department of Education and Training website.