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VET Student Loans

What is 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, such as Advanced Education Australia, 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).

 

Each VET Student Loan eligible course has an associated capped amount. Eligible students are only entitled to loans up to the specified capped amount of each VET Student Loan-eligible course.

Students do not have to repay the VET Student Loans until their income is above the minimum repayment threshold for compulsory repayment. Voluntary payments may be made at any time to the ATO.

 

Further information and the eligible VET Student Loans course list is available from the Commonwealth Department of Education and Training website.

 

How do I know if I’m eligible for a VET Student Loan?

You may be eligible for a VET Student Loan if you:

  • are an Australian Citizen OR a Permanent Humanitarian Visa holder residing in Australia for the course duration OR a New Zealand citizen who holds a Special Category Visa (SCV) meeting the long-term residency requirements
  • study in an approved course:
  1. Diploma of Beauty Therapy
  2. Diploma of Screen and Media
  3. Diploma of Remedial Massage
  4. Diploma of Early Childhood Education and Care
  5. Diploma of Salon Management
  6. Diploma of Business
  7. Diploma of Leadership and Management
  8. Advanced Diploma of Business
  9. Advanced Diploma of Leadership and Management
  • study with an approved course provider – Advanced Education Australia has been approved as a provider in selected courses
  • apply to the government using the electronic Commonwealth Assistance Form (eCAF), you must provide a tax file number on this form.
  • confirm your engagement and progression to continue to access the loan throughout your course
  • have not exceeded your FEE-HELP limit. Check at Study Assist.
  • have been assessed by your approved course provider, as academically suited to undertake the approved course.

Are there course entry requirements?

Advanced Education Australia admits students based on their demonstrated capacity to succeed. Please refer to our Student Selection Policy.

 

We Protect your Fees

AUSTRALIAN STUDENT TUITION ASSURANCE SCHEME (ASTAS)

The Sydney College of Skin Care chooses to be a member of the ASTAS to provide prospective students with the assurance that their tuition fees paid are protected. For further information on the ACPET by-laws under which it operates and regulates the ASTAS, and the Code of Ethics required of ACPET members may be found on the ACPET website – www.acpet.edu.au.

OVERSEAS STUDENT TUITION ASSURANCE SCHEME (OSTAS)

The purpose of this scheme is to protect the interests of people coming to Australia on student visas, by providing tuition and financial assurance. The scheme ensures that overseas students displaced from any course conducted by an ACPET member participating in OSTAS, due to the member’s inability to continue the course, will be efficiently relocated with minimal disruption to studies in a comparable course with another ACPET member participating in OSTAS or other approved provider.