Under the VET Student Loans Rules 2016, the transitional approval of the current tuition assurance operators for VET delivery under VET Student Loans and VET FEE-HELP expires on 31 December 2017.
After 31 December, responsibility for administering these arrangements will transfer from the transitional operators – the Australian Council for Private Education and Training and TAFE Directors Australia.
The Australian Government will implement interim tuition assurance arrangements for the 2018 calendar year, for VET Student Loans, FEE-HELP and remaining grandfathered VET FEE-HELP students. The Department of Education and Training will develop sustainable tuition assurance models for implementation after 2018.
These changes only apply to tuition assurance arrangements for VET delivery that:
- is done under the VET Student Loans program, or
- relates to delivery to grandfathered students under the former VET FEE-HELP scheme.
All other delivery is not affected by this change and RTOs are still required to meet the requirements set out in Clause 7.3 and Schedule 6 of the Standards for Registered Training Organisations 2015 with regard to learners outside VET FEE-HELP or VET Students Loans programs.
VET Student Loans and VET FEE-HELP providers seeking more information on this change can refer to the Department of Education’s recent advice: