A VET Student Loan is an agreement between the student and the Commonwealth Government.
To apply for a VET Student Loan:
● A student must meet all the loan eligibility requirements and provide supporting documentation to Frontier Education
● A student must request for VET Student Loans via eCAF by 11.59pm AEST on the first census day for which they wish to access the VSL.
●The census date is when all student enrolments are finalised for the term.
As with any loan, the individual must understand the terms and conditions before making a commitment.
Please read the VET Student Loans information booklet available here as well as associated documentation available here and consider seeking independent financial advice.
Refer to the Student Enrolment Policy and Procedure for more details.
Student under 18
There are no age restrictions to apply for a VET Student Loan. *For students who are under 18, a parent or guardian must sign a parental consent form. The template is available here
A parent or guardian will not be responsible for making loan repayments and it will not affect their credit rating. A student will begin making repayments once the individual’s income reaches the minimum payment threshold.
* Note: Students may not need the parent/guardian consent form requirement if they have been assessed by Centrelink under specific conditions. For further information please refer to the VET Student Loans Booklet here.