Vet Student Loans


VET Student Loans is a loan program that helps eligible students enrolled in higher level vocational education and training courses at approved course providers pay their tuition fees. A person’s access to a VET Student Loan is approved by the Australian Government Department of Education and Training. You access the loan for your course, and the debt is then managed by the Australian Taxation Office (ATO). A VET Student Loan will remain a personal debt until it is repaid to the Commonwealth; and the loan may, until the debt is repaid, reduce a students take home (after tax) wage or salary and may reduce the student’s borrowing capacity. Students may wish to seek independent financial advice before applying for a loan;


To get a VET Student Loan, you must:

1. be an eligible student
2. be studying an approved course
3. be studying with an approved course provider

You must meet ALL of these criteria – further detailed below.
• You are:

an Australian citizen, or
a New Zealand Special Category Visa (SCV) holder who meets the long-term residency requirements, or
a permanent humanitarian visa holder.

• You have not exceeded the FEE HELP limit.
• You are enrolled with an approved course provider in an approved course and have enrolled in accordance with the application requirements.
• You are studying the approved course primarily at a campus in Australia.
• Your course meets the course requirements if it:

is specified on the VET Student Loans (courses and loan caps) determination (the courses and loan caps determination); and
delivered by an approved course provider; and
is a qualification of diploma, advanced diploma, graduate certificate or graduate diploma in the Australian Qualifications Framework.

• You have been assessed by your approved course provider as academically suited to undertake the approved course by either:

providing your Australian Year 12 Certificate; OR
providing evidence of successful completion of an Australian Qualifications Framework Certificate IV or higher qualification (where the language of instruction is English); OR
displaying competence at Exit Level 3 in the Australian Core Skills Framework in both reading and numeracy through an approved Language, Literacy and Numeracy test.
In addition, your approved provider must reasonably believe you show competence in completing the course.

• You meet the Tax File Number (TFN) requirements.
• You have a Unique Student Identifier (USI) or are otherwise exempt.
• You have read the 2017 VET Student Loans information booklet: accessible here.
• You have given the required documents to your approved course provider and submitted the loan application form by the first census day no less than two business days after enrolling.

You will also be required to confirm your engagement and progression to continue to access the loan throughout your course. You may be required during the course to communicate your agreement to the Department of Education that you wish to continue using the VET student loan to pay tuition fees for the course.

Please call HETC on 1300 IM HERE for more information on eligibility.

1. Students have two options to pay for VET Student Loan-eligible Diploma level courses:

A. Defer part or all of the tuition fees for the course by accessing a VET Student Loan;
B. Making upfront payments for part or all of the course.

Courses at HETC are divided into three (3) units of study. Each unit of study has its own tuition fee and its own census date. For both payment options listed above, students only become liable for the tuition fees for each Unit of Study in their course on the census date for that Unit of Study. Tuition fees are equally apportioned across these three units of study (or fee periods).

2. A date by which enrolment may be cancelled without incurring tuition fees for the course or a part of the course is a census date. If a student withdraws before the census day for a course or part of a course, the student will not incur a VET student loan debt for the course or part of the course and will receive a refund for any tuition fees already paid for the course or part of the course. Students may cancel the course or part of the course using HETC’s Procedure for Cancellations and Withdrawals. The procedure is linked on this webpage.

3. For a schedule of approved courses, including individual units of study and census dates, please refer to the Schedule of Tuition Fees available on this page

4. Please ensure you have read through all procedures on this webpage so that you have a complete understanding of your rights and obligations if you choose to enrol in a VET Student Loan-eligible Diploma. These procedures provide detailed information on course enrolment, cancellation, withdrawal, and a number of other processes.

5. You must advise HETC as soon as practicable if your contact or personal information changes so that we can update your student record.
Additional information is listed under the “Student Resources/Fact Sheets” section of the VET Student Loans page on The Department of Education’s website

6. Please be advised that HETC is a provisionally approved VET Student Loans provider until 30 June 2017. Once the Department of Education and Training has released the list of providers who are approved to offer VET Student Loans after 30 June 2017, HETC will communicate this to all enrolled students and facilitate any transitional arrangements which may need to be made. For more information on the scheme which protects students in the event that HETC ceases to provide a course or part of a course for which VET Student Loans is approved, please see HETC’s Statement of Tuition Assurance underneath the VET Student Loans section of our Policies and Procedures webpage.

To view all of the associated procedure and policy documents relevant to Vet Student Loans please click here