VET Student Loans
VET Student Loans
Approved Courses under VET Student Loans
VET Student Loans Resources
What are VET Student Loans
VET Student Loans commenced on 1 January 2017, replacing the VET FEE-HELP scheme. The new VET Student Loans program offers greater protection for students and focus on courses that address industry needs, creating better opportunities for employment. VET Student Loans offers income contingent loan support to eligible students studying Diploma level and above vocational education and training qualifications.
2017, 2017 Mid-Year and 2018 Tuition Fees
2017, 2018 and 2019 Study Periods and Census Dates
Who is Eligible?
You are eligible for VET Student Loans if you:
- are an Australian citizen or permanent humanitarian visa holder (resident in Australia for the duration of the unit) or a New Zealand citizen with a Special Category Visa; AND
- have not exceeded the FEE‑HELP limit (see below); AND
- are enrolled with aifc in an eligible unit of study by the census date for that unit.
For more information regarding eligibility requirements, read the VET Student Loans Information booklet, available on the publicatons page.
All students who intend to access VET Student Loans now need to complete a “Student Entry Procedure” prior to enrolment acceptance.
Students will need to provide aifc with a copy of their Senior Secondary Certificate of Education (year 12 certificate) or display a required level of competence in both reading and numeracy. If you have not completed year 12 or equivalent but have completed a Cert IV or above you will need to provide us with appropriate documentation as evidence. If you have neither year 12 nor Cert IV and above you will be required to complete an online assessment to provide an analysis of your literacy and numeracy level prior to the commencement of the aifc course.
The assessment will be conducted online through the Australian Council for Educational Research’s (ACER) approved Vocational, adult and workplace education (VAWE) Language, Literacy and Numeracy (LLN) assessment tool. aifc will email you login details for the assessment to be completed. The assessment should take approximately 1 hour to complete and will form part of your application process with aifc.
Our students are our priority so please do not hesitate to call us to discuss it further as we are here to help you.
For more information about the assessment tools and requirements please click here.
Processes & Procedures
VET Student Loan Ombudsman
The Australian Government established the new VET Student Loans program to replace the VET-FEE-HELP scheme from 1 January 2017. To complement the new program, the Australian Parliament passed the Education and Other Legislation Amendment Act (No.1) 2017, which established the VET Student Loans Ombudsman function within the Office of the Commonwealth Ombudsman to manage and investigate complaints regarding both the VET FEE-HELP scheme and the new VET Student Loans program.
The Commonwealth Ombudsman can now investigate complaints about the Vocational Education and Training (VET) Student Loans program and VET FEE-HELP scheme. If you, or someone you know, has an issue or complaint regarding your VET FEE-HELP or VET Student Loans training provider.
For more information, or to lodge a complaint, go to the VET Student Loan Ombudsman website.