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VET Student Loans

From the 1 January 2017 VET FEE-HELP will be replaced with VET Student Loans.

To find out more about the new loans system visit VET Student Loans.

Vet student loans fact sheets

The intention of the Australian Government scheme is to remove the financial barriers that prevent students from commencing study. This option is currently available for students studying trial Certificate IV, Diploma and Advanced Diploma courses.

VET FEE HELP liability occurs on a unit of study basis, not on a course basis and students do not incur a VET FEE HELP liability until after the census date is set and published for each unit of study. The census date can be no earlier than 20 per cent of the way through a unit.

Approved VET FEE HELP courses

Students enrolling in the below courses can apply for VET FEE HELP. Please click on each link to view the 2016 Schedule of VET Tuition Fees.

Eligibility

You are eligible for VET FEE HELP if you meet ALL of the following criteria:

  • Are an Australian citizen or holder of a permanent humanitarian visa, or a New Zealand citizen special category visa holder subclass 444 who meets the requisite criteria (resident in Australia for the duration of the unit); 
  • Have not exceeded the FEE HELP limit (currently $99,389) 
  • Can provide your tax file number or a certificate of application for a tax file number when you submit your VET FEE HELP application. Visit the Australian Taxation Office for more information on tax file numbers.
  • Are enrolled with an approved provider in an eligible unit of study at least 14 days prior to census date for the first unit of your study with VET FEE HELP access; and at least 14 days prior to census date for subsequent units [note that students are required to submit the Request for Commonwealth Assistance (VET FEE HELP application) at least after two days from the date of first enrolment, at which point they will be issued with a notice outlining their VET FEE HELP debt].
  • Have completed, signed and submitted a valid Request for VET FEE HELP Assistance form on or before census date. You will receive this form when you enrol and this can be lodged two business days after enrolment. 
  • Can provide evidence that you have completed an Australian Year 12 Senior Education Certificate or undertaken an approved literacy assessment.  This testing is available at North Regional TAFE.
  • For more information on eligibility requirements, please visit www.studyassist.gov.au.

Application process

  1. Complete the VET FEE HELP application form. If you are enrolling into an approved VET FEE HELP course at North Regional TAFE, you will be provided with a form at the time of enrolment.
  2. Complete the VET FEE HELP application form and lodge the completed form along with required supporting documentation at NRT administration before the census date of the VET FEE HELP course you intend to enrol in.
    You only need to apply for VET FEE HELP once for each intended course. Unless you choose to pay fees upfront in following semesters, the original application form you have completed for a VET course of study will be used to manage payment of your fees using VET FEE HELP in all following semesters.
  3. Once you have submitted your application form and supporting documentation, you will be provided with an invoice 14 days before your first census date and a Commonwealth Assistance Notice (CAN) within 28 days of the census date. 

This notice is a summary of your enrolment and associated fees for that enrolment period, including: 

  • Units in which you are enrolled 
  • Tuition fees for each of these units 
  • The total VET FEE-HELP assistance you are requesting for the semester
  • The loan fee (if applicable), charged by the federal government for administration of your VET FEE-HELP debt

Please check all of the details on your notice carefully and notify NRT on 1300 996 573 within 14 days if there are any errors.

2016 VET Training Period and Census dates

Study durations can be flexible and vary for each individual person. Upon enrolment, the unit of competency duration and census date will be provided. The census date cannot be less than 20 per cent of the unit of competency delivery duration.

Some courses will have a number of study plans, depending on the different stages a course is being delivered and the electives you can choose. Please contact NRT 1300 996 573 to discuss your course requirements and to obtain up-to-date course information.

VET FEE HELP policies and procedures
Complaints and Appeals Policy
Student Privacy and Personal Information Policy
Student Fair Treatment and Equal Opportunity Policy
VET FEE-HELP Tuition Fee Review Policy
VET FEE-HELP Tuition Fee Refund Policy
VET FEE-HELP Student Admissions Policy
VET Tuition Assurance Statement

Page last updated February 14, 2017