The charges include:
- an application fee for higher education providers seeking approval to offer FEE-HELP under the Higher Education Support Act 2003. This will recover the Commonwealth's full costs of administering and assessing applications
- an annual charge for all higher education providers whose students are entitled to HECS‑HELP and/or FEE-HELP assistance. This will partially recover the costs incurred by the Commonwealth in administering these programs.
A draft Cost Recovery Implementation Statement (CRIS) has been developed, which outlines the costs for each regulatory activity, and how the application fee and annual charge rates are expected to be determined. Financial and non-financial performance information for these cost recovery activities was also included. A draft copy of the CRIS is available on the Department of Education’s website at www.docs.education.gov.au/documents/help-cost-recovery-implementation-statement.