EligibilityNovember 12, 2020
How Does VET Student Loans Work?
VET Student Loans allows eligible students to access a loan to pay part or all tuition fees for approved courses.
It must be noted: A VET student loan gives rise to a HELP debt that continues to be a debt due to the Commonwealth until it is repaid.
Students can either:
- Access the loan to pay all tuition fees (up to the loan cap limit)
- Access the loan to pay part of the tuition fees and pay the remaining balance
The loan is repaid through the Australian tax system. When students reach the minimum income threshold for repayment. There is a loan fee of 20% for full fee-paying students.
Census days for your VET Student Loan
Your census dates can be found at Vet Student Loans Courses. Identify your qualification and click on the tuition fees to find the published census dates for your course.
You can cancel your enrolment in your course of study or part of your course by using our withdrawal process.
For more information please click here.