The VET Student Loans program is an Australian Government loan program that helps eligible students enrolled in approved courses at approved course providers pay their tuition fees.
If you are an eligible student the Department of Education and Training (the department) may approve your VET Student Loan (for all or part of the course fees – it’s your choice) for an approved course through an approved provider.
Just Careers Training is an approved provider and its Diploma level qualifications are approved courses!
The department will pay your loan directly to Just Careers Training. The rules of the loans state that you will be responsible for any gap amount in the tuition fees, which are not covered by the loan.
Just Careers Training is proud to offer our approved courses with no gap payment required.
You will owe a debt to the Australian Government for the loan, which will be managed by the Australian Taxation Office (ATO). You can either:
- Repay all your tuition loan fees (up to the loan cap limit) when your income reaches the repayment threshold (this refers to how much you earn)
- Pay some of your tuition loan fees upfront and repay the balance when your income reaches the repayment threshold.
Eligibility to access this loan is not affected by your current employment status of if you are on any benefits or entitlements, however other eligibility criteria does apply (see the next tab)
It is important to note that VET Student Loans assistance is a loan from the Commonwealth and that there is a loan fee of 20%.
The loan will remain as a personal debt obligation until it is repaid to the Commonwealth.
Follow the VET STUDENT LOANS link on the home page for further information about VET STUDENT LOANS or contact us
