How to Become a VET Student Loans Provider

The VET Student Loans program commenced on 1 January 2017, replacing the VET FEE-HELP scheme, which closed to new students on 31 December 2016. This web page is the central point for links to resources and information on how to apply under the VET Student Loans Act 2016 to become an approved course provider for VET Student Loans (VET Student Loans Provider).

Upcoming application rounds

It is anticipated that there will be another application round in 2018 - an exact date for this is currently unknown. Dates and further information for this round will be announced on this page.

Past applications rounds

The second application round  to become an approved VET Student Loans provider, which commenced on 30 August 2017, closed on 26 September 2017.

Applicants were notified of the outcome of their application in the week commencing 11 December 2017. For an updated list of VET Student Loans providers, please refer to the VET Student Loans Approved Course Providers list. For a list of providers who are no longer approved to offer VET Student Loans, please refer to the Providers no longer approved to offer VET Student Loans list. Information regarding future application rounds will be published on this page, in due course.

Eligible organisations and course provider requirements

To be approved, an organisation must demonstrate that it meets the course provider requirements set out in the VET Student Loans Act 2016 (Part 4, Division 1) and the VET Student Loans Rules 2016 made under the Act.

To meet the course provider requirements an organisation must meet certain threshold criteria including that it must:

  • be a body corporate that is not a trustee
  • carry on business in Australia and have its central management and control in Australia, and
  • be a registered training organisation (RTO).

An organisation must also be able to demonstrate that it meets all of the provider suitability requirements specified in the VET Student Loans Rules 2016 (Division 3) including requirements about:

  • financial performance
  • management and governance
  • experience and course offerings
  • student outcomes
  • workplace relevance.

VET Student Loans are available for higher level VET qualifications that are listed on the VET Student Loans (Courses and Loan Caps) Determination 2016. Eligible organisations must have a history of delivering at least one of the approved courses on this list.

Applicants should familiarise themselves with all of the course provider requirements and provider suitability requirements in the legislation prior to starting an application.

The application process

In accordance with the VET Student Loans Act 2016, an application to be approved as an approved course provider must have been in the form approved by the Secretary and accompanied by the application fee.

The application fee is prescribed by the VET Student Loans (Approved Course Provider Application Fee) Determination 2017 made under section 31 of the VET Student Loans Act 2016, and assists with the recovery of the costs associated with processing and assessing applications. The amount of the application fee was determined in accordance with the Australian Government's Cost Recovery Guidelines and details regarding the methodology used to determine the fee are set out in a Cost Recovery Implementation Statement.

The Secretary is not required to consider or decide an application that is not in the form approved or where the applicant has not paid the application fee.

For the purpose of the application round in August 2017, the form approved for applications comprised:

Applicants were able to obtain the form requirements above upon registering an expression of interest with the department.

The application documentation for any further rounds will be published on this page.

Legislation and VET Student Loans program resources

VET Student Loans legislation documents are available on the VET Student Loans page.

Contact us

To contact the Department of Education and Training about VET Student Loans and provider approval please submit the enquiry form below.

VET FEE-HELP Providers

The information collected on this form is to assist us in responding to your enquiry. The information you provide will only be used for the purpose for which you provided it and will not be disclosed without your consent, unless where authorised or required by law. Your contact details will not be added to a mailing list. Any information you provide will be treated in accordance with the Department's Website Privacy Statement.