What happens now to VET FEE-HELP?
From 1 January 2017, a new scheme called VET Student Loans will be introduced replacing the current VET FEE-HELP loan scheme.
Students who have accessed VET FEE-HELP on a course prior to 2017 have the option to continue accessing VET FEE-HELP on that course through to 31 December, 2017. Continuing students will not automatically be eligible for VET FEE-HELP in 2017. Eligible students will be contacted by the Department of Education and Training in early 2017 with the process for applying to continue using VET FEE-HELP in 2017.
Students have up until 31 March 2017 to indicate to the Department of Education and Training that they wish to keep using VET FEE-HELP in 2017, otherwise they will become ineligible and need to either pay their tuition fees up-front, or apply for a VET Student Loan (if the course is eligible for VET Student Loans assistance).
Find out more about the opt-in process for VET FEE-HELP by visiting the Department of Education and Training fact sheet or visit studyassist.gov.au.
Download the 2017 Tuition Fee Schedule (VET FEE-HELP eligible students)