VET student loans
VET Student Loans commenced on 1 January 2017, replacing the previous VET FEE‑HELP scheme, which ceased on 31 December 2016 for new students.
VET Student Loans are an Australian Government loan scheme for the Vocational Education and Training sector that is part of the Higher Education Loan Program (HELP).
Students studying Advanced Diplomas or the Graduate Diploma may be eligible to apply for a VET Student Loan to defer part of the cost of their tuition fees. Courses are subject to maximum loan caps and students will be required to pay any fee over and above that cap. Read more about the options students have to pay their fees on our payment options page.
A VET Student Loan is repaid through the tax system once a person reaches the minimum income threshold level of repayment. The VET Student Loan remains a personal debt obligation until it is repaid to the Commonwealth and may affect (by reducing) a person’s take-home (after tax) wage or salary until the debt is repaid. It may also affect the borrowing capacity of the person until the debt is repaid to the Commonwealth.
The Australian Government VET Student Loan website provides detailed information about assistance for financing tertiary study: http://www.education.gov.au/vet-student-loans
You are eligible for a VET Student Loan if you are an Australian citizen, or have a humanitarian visa and meet the required eligibility criteria, or are a qualifying New Zealand Citizen.
Students must have been assessed as academically suited to undertake the eligible course and their FEE-HELP balance must be greater than zero.
Loan amounts for AIE Courses
AIE has three (3) courses on the Eligible Courses list and is an approved Provisional Provider. These courses and loan cap amounts are:
- 10343NAT Advanced Diploma of Professional Game Development, $10,000
- CUA60615 Advanced Diploma of Screen and Media, $10,000
- BSB80615 Graduate Diploma of Management (Learning), $10,000
Students will be required to pay any fee over the loan cap. Read more about the options students have to pay their fees on our payment options page