If the upfront costs associated with studying are stopping you from improving your career prospects, then the VET FEE-HELP scheme will allow you to study now and pay for your course later.
For detailed information, please refer to the VET FEE-HELP Information booklet
Please also read the following about important changes for students accessing VET FEE-HELP
Approved courses at Martin
Who can apply for VET FEE-HELP?
To be eligible for VET FEE-HELP, you must:
- be an Australian citizen or the holder of a permanent humanitarian visa who will be resident in Australia for the duration of the study; and
- be enrolled in a Unit of Study that meets the requirements of an approved course; and
- be enrolled in that Unit of Study on or before the census date and remain enrolled at the end of the census date; and
- meet the tax file number requirements; and
- not have exceeded the FEE-HELP Loan Limit, which is $97,728 (2015); and
- have completed and provided the school with a Request for VET FEE-HELP Assistance form on or before the census date*
Language, Literacy and Numeracy
In addition to this students MUST have completed a Senior Secondary Certificate of Education OR they must complete the Language Literacy and Numeracy (LLN) testing to be eligible for a VET FEE-HELP loan. If the applicant cannot provide the certificate as evidence of completion of a year 12 secondary education, they must prove eligibility through the test – a letter from a secondary school delegate will not be accepted in replacement. Please refer to the Language, Literacy and Numeracy Policy – VET. The College can assist with an LLN assessment tool should the prospective student require it. Other qualifications will not be accepted to be eligible for a VET FEE-HELP loan, including:
- a VET qualification (e.g. Cert III, Cert IV, diploma)
- higher education qualification (e.g. degree or higher tertiary qualification)
- an overseas year 12 equivalent qualification
- achievement of a Certificate IV within the same suite of the applied Diploma
- any Fee for Service program that has Reading and Numeracy components in it to provide another pathway for students that do not meet Level Exit Level 3, and should they pass this unit, gain entry into the diploma
Students under 18 years
If you are under 18 years of age you can still apply for a VET FEE-HELP loan however it is a legal requirement that your Request for a VET FEE-HELP loan form MUST also be co-signed by a parent or guardian (responsible parent). Exceptions are permitted in limited circumstances where a student under the age of 18 is receiving youth allowance (within the meaning of the Social Security Act 1991) on the basis that the person is independent (within the meaning of Part 2.11 of that Act). Students seeking this exemption will need to provide suitable evidence to the provider from Centrelink to this effect.
Please note that from 2017 onwards, the Australian government is proposing to cease operating the VET FEE-HELP loan scheme.
The current VET FEE-HELP scheme is proposed to run until 31 December 2016, after which point a new loan scheme, VET Student Loans, could replace it.
These changes could impact how you finance your studies, so it’s important that you review the government fact sheets here.
We will continue to update our website as we hear of further changes.
For further information on VET FEE-HELP go to Study Assist.