VET Student Loans

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VET Student Loans

NOTE: VET Student Loans commenced on 1 January 2017, replacing the VET FEE-HELP scheme which ceased on 31 December 2016. For more information, visit the VET Student Loans page on the Department of Education and Training website.  

What is VET Student Loans?

Click here to view VET Student Loans tuition fees and census dates.

VET Student Loans (VSL) is an Australian Government loan scheme available to you if you are studying approved courses at the diploma or advanced diploma level, whether you are paying fees at the Victorian Government-subsidised rate or at the fee-for-service rate.

If you meet the VSL eligibility criteria (see below) you can apply to the Australian Government to pay fees on your behalf. You will then have to repay this loan through your income tax when you start earning above a certain threshold amount (in 2016/17 this amount is $54,869).

To be eligible for VET Student Loans you must:

  • be an Australian citizen, hold a permanent humanitarian visa or be a qualifying New Zealand citizen; and
  • be a resident in Australia during your training; and
  • have (or have applied for) a tax file number (TFN), and
  • have not have exceeded the FEE–HELP borrowing limit ($100,879 in 2017).

For more information refer to the StudyAssist website.

Student Entry Procedure

In accordance with the VET Student Loans Act 2016, all students wishing to apply for a Commonwealth VET student loan must be assessed for academic suitability to undertake a high level VET qualification.

This academic assessment is in addition to any entry requirements that may be required for the specific course you are undertaking. If you are applying for a Diploma or Advanced Diploma level course at Wodonga TAFE you will need to satisfy one of the following requirements.

  • Provide a copy of your Senior Secondary Certificate of Education that has been awarded by an Australian agency or authority indicating your completion of Year 12, OR
  • Provide evidence of successful completion of an Australian Qualification Framework (AQF) Certificate IV or higher qualification (where the language of instruction is English) OR
  • Undertake a reading and numeracy assessment using an approved assessment tool that demonstrates a minimum Exit Level 3 in the Australian Core Skills Framework (ACSF). Please note that Wodonga TAFE will provide you with details on how to undertake this assessment when you apply and will notify you of the results of this assessment as soon as possible.

Note If you are not able to meet any of these requirements, you will not be eligible to apply for a Commonwealth VET Student loan. 

We will review your application and if you meet the entry requirements you will be admitted into your chosen course. If you do not meet the entry requirements for the course we will work with you to identify other learning opportunities that may assist in preparing you to meet the requirements.

It is also important to note that Wodonga TAFE is required to retain a copy of the relevant certificate or assessment results for at least 5 years (for further information refer to the student-focused VSL Fact Sheet).

How to apply

Before you apply for VET Student Loan assistance, you must read the VET Student Loans information booklet which is designed to assist students to understand VET Student Loans and their rights and responsibilities when accessing VET Student Loans assistance.

The information in the booklet is valid for the relevant year only and a copy should be kept for reference. VET Student Loan - Information Book 2017 (PDF 709 Kb)

After you have read the booklet, contact Administration Services at Wodonga TAFE for a '2017 VET Student Loan authorisation to provide my details to Department of Education & Training via eCAF system form'. By signing and submitting the form you are declaring that you have read the booklet and you are aware of your obligations under the VET Student Loans program.

Census Dates

The census date is the most important date for you to know about in terms of your loan. The census date is the last day you can:

  • complete the eCAF to access a VET Student Loan, or
  • withdraw your enrolment without incurring the cost or debt for that unit of study.

Every part of a course (unit/subject) has its own census date, so that you incur debts as you progress through your course, not for the whole course at the beginning. You will be enrolled in multiple census dates over the period of your course with a minimum of 3 census dates per full course enrolment. View Census Dates

Unit or Course Withdrawal/Refund

For students that do not want to continue their studies in a Diploma or Advanced Diploma course the following rules apply.

  • If you withdraw from the unit on or before the census date you will not incur a debt for that part of your course. If you have already made an upfront payment of your tuition fees you will receive a refund for these fees.
  • If you fail a part of a course (unit or subject), or withdraw from a unit after the census date, you will still have to pay the tuition fee for that unit. If you used a VET Student loan, you will incur a HELP debt. If you made an upfront payment, you are not eligible for a refund of that payment.
  • If you failed the unit or withdrew after the census date because you became seriously ill or because of other special circumstances, you can apply to have your HELP debt removed or your fees refunded. Please refer to CP026 Learner Review (Re-crediting a FEE-HELP Balance) and POL19 VET Tuition Fee Refund Policy
  • A refund of unused materials will be at the discretion of the delivery department Director.

If you wish to withdraw from a Diploma/Advanced Diploma course or unit please contact Customer Service for a copy of the form you will need to complete and submit.

VET FEE-HELP (continuing students)

Continuing VET FEE-HELP (VFH) students will be required to opt-in to continue accessing VFH prior to continuing study in 2017 or by 31 March 2017 (whichever is sooner). Students need to provide receipt of 'opt-in' confirmation to Wodonga TAFE. For further information, please email or phone 02 6055 6601, or view the VET FEE-HELP opt-in fact sheet on the Department of Education & Training website

More information

Students who would like to access VET Student Loans assistance are invited to discuss their eligibility with Administration Services.

Phone 1300 69 8233 | Email