VET Student Loans


What is VET Student Loans

VET Student Loans is a Government scheme that assists eligible students to enrol in approved higher-level vocational education and training (VET) courses to pay their tuition fees.

VET Student Loans:

  • Are a loan from the Commonwealth
  • Will remain a personal debt until it is repaid to the Commonwealth
  • The loan may, until the debt is repaid, reduce the student’s take-home (after-tax) wage or salary and may reduce the students borrowing capacity; and
  • A student may wish to seek independent financial advice before applying for a loan.

The debt must be paid back at the relevant repayment rate when your income is above to compulsory repayment threshold.

Am I eligible for a VET Student Loan

You must meet the eligibility criteria (below) to be eligible for VET Student Loans:

  • an Australian citizen, or
  • a qualifying New Zealand citizen*, or
  • a permanent humanitarian visa holder, who is usually resident in Australia.
  • Students will also need to be assessed academically to undertake an approved course by being deemed academically suited on the basis of either:
    • providing your Australian Year 12 Certificate; or
    • providing evidence of successful completion of a Certificate IV or higher qualification; or
    • displaying competence at Exit Level 3 in the approved Language, Literacy and Numeracy test.

*A qualifying New Zealand citizen is a New Zealand citizen who meets all of the following:

  • holds a special visa category, such as the New Zealand Special Category Visa (SCV);
  • has been usually resident in Australia for at least 10 years;
  • was a dependent child when he or she was first usually resident in Australia;
  • has been in Australia for periods totalling 8 years during the previous 10 years and;
  • has been in Australia for period totalling 18 months during the previous 2 years.

In order for a student to continue to access VET Student Loans, students may require during their course of study to communicate their agreement that the Secretary continue to use VET Student Loans to pay tuition fees for the course.

Students will need to confirm your active and legitimately continued to be enrolment in a course by logging into the Department of Education and Training’s electronic Commonwealth Assistance Form (eCAF). Failure to do so may affect your ability to continue accessing VET Student Loans.

How much can I borrow?

Eligible students will be entitled to access loans up to a capped VET Student Loan Limit (detailed below). Course providers may charge above this cap for a course, and if so, students will be expected to pay for the difference according to the provider’s billing period.

Course VET Student Loan Limit Total Tuition Fees For Course
10788NAT Diploma of Personal Care Formulation $10,717 $9,900
52850WA Advanced Diploma of Cosmetic Dermal Science $16,077 $16,412
52852WA Graduate Diploma of Cosmetic Nursing and Injectables $16,077 $19,162
52854WA Graduate Diploma of Cosmetic Dermal Science $16,077 $15,917


The amount loaned cannot be greater than the student’s remaining FEE-HELP Balance.

The amount of HELP debt a student accrues if you receive the maximum amount of the VET Student Loan for the course could be up to 120% of the loaned amount.

How can I pay tuition fees not covered by VET Student Loans?

If you are not eligible for VET Student Loans or you need to or choose to pay part of your tuition fees directly the other payment options available to you are outlined in Course Payment Options.

Unit of Study Periods

Tuition fees will be reasonably apportioned across a specific number of sequential fee periods. Each fee period will contain at least one census date.

Click here to access the Schedule of Fees

Information about Census Dates

A census date is a date by which enrolment may be cancelled without incurring tuition fees for the course or a part of the course.

A student may cancel their enrolment in their course or part of the course as per the Student Withdrawal, Refund and Re-Credit of FEE-HELP Balance Policy (VSL Eligible Students).

If a student withdraws before the census date 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 additional tuition fees already paid for the course or part of the course.

How do VET Student Loans (VSL) work - in brief

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How to apply for VET Student Loans

  • Step one – Ask us if the course you’re interested in studying is an approved course for VET Student Loans
  • Step two – read the VSL Student information handbook and Important Additional Information, Policies and Procedures
  • Step three – Enrol with us!
  • Step four – Give our Enrolment team the required eligibility information evidence
  • Step five – If eligible, and deemed academically suited to study your chosen course you will be asked to complete the required information in the electronic Commonwealth Assistance Form (eCAF) to request use of A VET Student Loan to pay.

IMPORTANT: You must submit your eCAF application to the Commonwealth before your first census day.

Important Additional Information, Policies and Procedures

Policies and Procedures

  • Student Recruitment and Enrolment Policy & Procedure
  • VET Student Loan Information Booklet 2017
  • Student Withdrawal, Refund and Re-Credit of FEE-HELP Balance Policy (VSL Eligible Students)
  • Academic and Non-Academic Grievance Policy
  • Statement of VET Tuition Assurance
  • Fees, Charges and Refund Policy & Procedure
  • Niche Personal Information Policy

For more information about VET Student Loans, click here.