VET Student Loans | VET Fee-Help


VET STUDENT LOANS – Information for new course enrolments with a commencement date in 2017

This is a new student loan program for students commencing in 2017 that replaces the current VET FEE-HELP scheme. From 1 January 2017, VET Student Loans will be implemented for eligible Diploma and Advanced Diploma courses.

Eligibility for a VET Student Loan

You could be eligible to access a VET Student Loan to pay your VET tuition fees for a number of Melbourne Polytechnic Diplomas and Advanced Diplomas.

To be eligible you must be assessed as academically suited to undertake a VET Student Loan eligible course. Furthermore, you must be:

  • an Australian citizen, a New Zealand Special Category Visa (SCV) Holder or a permanent humanitarian visa holder
  • enrolled on or before the census date of an eligible unit of study through an approved VET provider
  • meet tax file number requirements
  • have not exceeded the FEE-HELP limit

You can access a VET Student loan to pay your VET tuition fees, transition into university and then add your university costs until the FEE-HELP maximum is reached. There is no age restriction on VET Student Loans.

Eligible courses

If you wish to access a VET Student Loan to study you will need to select one of these eligible courses. A list of VET Student Loan eligible courses is available under ‘Related Downloads’ below.

Loan caps

  • The Commonwealth Government has introduced loan caps for each VET Student Loan eligible course.
  • Eligible students will be entitled for loans up to the capped amount for their individual course enrolment.
  • Melbourne Polytechnic course fees may exceed the capped VET Student Loan amount. In this instance, you will be required to pay the difference at enrolment using the available payment options.

How to withdraw from your course or individual units of study

Should you choose not to continue with your course, it is important to withdraw before the census date to avoid incurring a VET Student Loan debt. The census date is set at 20% of the confirmed unit of study commencement date and is listed on the Schedule of VET Tuition Fees. It is important that you check the census date for each unit of study. If you commence a unit of study on a date other than what is listed on the Schedule of VET Tuition Fees, the census date will be automatically set at 20% of the unit from your first attendance date.

Should you choose not to continue with the course you will need to officially request to be withdrawn by speaking to staff in the teaching department or by sending an email to ua.ud1524173105e.cin1524173105hcety1524173105lopen1524173105ruobl1524173105em@sn1524173105aoltn1524173105eduts1524173105tev1524173105.

Loan fee

A 20 per cent loan fee will apply to all students who are not eligible for a government funded place under the Skills First Program. This fee will be added to the total VET Student Loan debt. For further information, contact the department directly or for general information on VET Student Loan visit the Study Assist website and download the VET Student Loan Information Booklet.


  • Repaying the loan is required when your income reaches the repayment threshold. The threshold can be found at Study Assist.
  • The maximum loan amount you can borrow from the Australian Government is $100,879 in 2017. This is the total amount available under all of VET FEE-HELP, VET Student Loans and FEE-HELP.

VET FEE-HELP – Information for current students

From 1 January 2017 VET FEE-HELP will cease and a new VET Student Loans program will commence. Students currently financing their studies through a VET FEE-HELP loan will not be automatically transferred to the new VET Student Loans program.

What if I’m part way through my course?

  • If you are a current continuing student accessing VET FEE-HELP, you have the option to continue accessing VET FEE-HELP until 31 December 2017.
  • You will need to let the Australian Government Department of Education and Training know that you wish to continue to access VET FEE-HELP by completing an online form which will be available on the department’s website.
  • The department will contact you personally when the online form is available and explain the next steps.
  • If you do not let the department know you would like to continue, your access to VET FEE-HELP will cease 31 March 2017. In this circumstance you will have the option to apply for a VET Student Loan or pay the balance of your fees upfront.
  • If you have a VET FEE-HELP debt you will continue paying this off as you currently do. To view your HELP balance see the ATO’s Study Training and Support Loans.

Where can I find out more?

Related Information

Related Downloads

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Last Modified: 15th February 2018