VET FEE-HELP will assist eligible full fee-paying students who are enrolled in one of the following VET accredited courses through the AIHFE to pay for all or part of their tuition fees. These VET courses all have an existing credit transfer/articulation pathway to a bachelor degree.
AIHFE deals with all matters regarding students VET FEE-HELP loans with fairness and equity.
This includes the granting of the loan, withdrawal from the VET course, and situations involving bereavement and other situations which are not caused by the student, but nonetheless affect his or her status.
Eligible full-time and part-time full fee-paying students will be able to apply for VET FEE-HELP.
A Student is entitled to VET FEE-HELP Assistance if they:
Over a student’s lifetime, whether they receive a loan under VET FEE-HELP for VET studies or FEE-HELP, the same FEE-HELP limit applies.
In 2016, the FEE-HELP loan limit is $99,389 (CPI annually) for most courses and $124,238 (CPI annually) for medicine, dentistry and veterinary science courses that lead to registration as practitioners in those fields. There is a 20% loan fee that applies for all VET courses. The FEE-HELP loan limit does not include the loan fee. Students repay the loan to the Australian Government through the tax system once a student reaches the minimum income threshold level for repayment which is $ 54,126 for 2015-2016.
Eligible students who are approved to receive VET FEE-HELP assistance to help pay for all or part of their tuition fees will effectively have a loan with the Australian Government.
The Australian Government pays the VET provider, on behalf of the student, the debt the student has incurred for tuition fees for each VET unit of study the student is enrolled at the time the census date** is reached.
Please click here to see the important changes for students accessing VET FEE - HELP
Please click here to see the information on the Language Literacy and Numeracy requirements.
To apply for VET FEE-HELP students must complete a Request for VET FEE-HELP Assistance form, which is available from the AIHFE administration office, and declare they have read the VET FEE-HELP Information booklet and are aware of their obligations under the program.
Students must complete and sign the form and return it to the Registrar of the AIHFE on or before the census date (or the earlier date set by the AIHFE) for the first VET unit of study for which you wish to obtain VET FEE-HELP assistance.
If you have not submitted a completed Request for VET FEE-HELP Assistance form on or before the census date for the VET unit of study, you will not be entitled to VET FEE-HELP assistance for that VET unit of study and the Australian Government will not pay your tuition fee for that VET unit of study.
Copies or facsimiles of the Request for VET FEE-HELP Assistance form are not acceptable.
When completing the form, you must tick all relevant boxes and sign the Declaration. Students should contact the AIHFE administration if they are unsure how to complete the form.
Students can apply for assistance for all tuition fees or can elect to pay part of their tuition fees up front and obtain a VET FEE-HELP loan for the balance.
The request for VET FEE-HELP assistance is valid for the duration of the VET course.
Students will be required to complete a new Request for VET FEE-HELP Assistance form in the following circumstances:
Under the provisions of the Higher Education Support Act 2003 (HESA) and its associated Guidelines the AIHFE (“the VET Provider”) is required to provide a tuition assurance arrangement for Australian citizens or Australian resident permanent humanitarian visa holders who are enrolled in a VET FEE-HELP enabled course offered by the VET Provider. This requirement is to protect students in the event that the VET Provider ceases to provide a course of study in which a student is enrolled.
For further details: : Contact us