Quality training providers interested in applying to offer VET Student Loans are initially invited to register to attend an information session in Canberra, on 27 August 2018, by completing the registration form by COB, Thursday, 23 August 2018.
Registered Training Organisations (RTOs), who carry on business in Australia and have their central management and control in Australia, may be eligible to apply to be approved as a VET Student Loans provider if they meet course provider requirements. These course provider requirements are listed in Part 4, Division 1 of the VET Student Loans Act 2016. Applicants should familiarise themselves with the requirements prior to starting their application.
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 providers must have a history of delivering at least one of the VSL approved courses on this list.
Providers must apply through a formal application process using the form approved by the Secretary of the Department of Education and Training. Providers must be able to demonstrate that they meet all Provider Suitability Requirements (VET Student Loans Rules 2016: Division 3) to the satisfaction of the Secretary or delegate. These include:
- financial performance
- management and governance
- experience and course offerings
- student outcomes
- workplace relevance
How to apply
You will be required to submit an expression of interest via the online enquiry form in order to receive the Application Package. Once this has been submitted you will be sent the Application package from 23 August 2018. The application requirements relating to the provision of demonstrated evidence of operation as a high quality VET provider will be similar to those that applied in the previous round.
An application fee of $5,110, is required for all applications received in this application round. It is important to note that failure to pay the application fee may impact on the acceptance and/or finalisation of the application. The collection of an application fee assists with the recovery of the costs associated with processing and assessing applications. Providers will be sent an invoice upon their Application being accepted for assessment. Applicants who were unsuccessful from previous rounds will be required to pay the application fee to reapply.
Legislation and VET Student Loans program resources
VET Student Loans legislation documents are available on the VET Student Loans page.
To contact the Department of Education and Training about VET Student Loans and provider approval please submit the enquiry form below.