VET Student Loans (VSL)
VET Student Loans is a student loans scheme that replaced the VET FEE-HELP scheme. Student loans give you the choice of studying at William Angliss Institute now and paying some of your tuition fees later.
Under a VET Student Loan, the Australian Government pays your tuition fee (up to the loan limit) on your behalf directly to William Angliss Institute. You repay that loan through the tax system when your income exceeds a repayment threshold determined by the Australian Government.
The Australian Tax Office will calculate your compulsory payments each year and collect these payments until the whole debt has been repaid. Depending on your income, the VET Student Loan can result in a reduction of your take-home pay and borrowing capacity. Students should seek independent financial advice before committing to the VET student loan.
Information on this page is to be read in conjunction with the Australian Government's VET Student Loans information booklet. Additional information is available on our Remission of Debt in Special Circumstances page.
To be eligible for a VET Student Loan you must:
- Be enrolled in an eligible Diploma or Advanced Diploma course
- Be an Australian citizen, permanent humanitarian visa holder who is usually resident in Australia, or New Zealand Special Visa holder who meets the long-term residency requirements
- Have a HELP balance that is more than $0. Your HELP loan limit is the amount that you can borrow.
- Have a Tax File Number issued by the ATO by the unit of study census date
- Have a valid Unique Student Identifier (USI)
- Provide evidence of academic suitability (see How to Apply for a VSL)
- Reside in Australia for the duration of your study.
You can check your eligibility for a VET Student Loan at https://www.myskills.gov.au/more/financial-assistance
To remain eligible for the VSL scheme:
- your course must continue to remain on the approved list of VSL courses
- you must confirm your engagement and progression online when requested to by the government, otherwise, you may cease being eligible for a VSL.
If you do not meet the eligibility requirements you will not be able to access a VET Student Loan but you will still be able to study in your course if you meet the course entry requirements and pay your tuition and other applicable fees.
How much can I borrow?
For each VET Student Loan approved course, you can borrow up to the lesser of
- the Loan Cap the Department of Education and Training has set for that course, or
- the remaining unused balance under your HELP loan limit.
Your HELP loan limit is the maximum amount of VET Student Loans, VET FEE-HELP, FEE-HELP and HECS-HELP you can use to pay for your studies. The HELP loan limit is indexed annually on 1 January. For 2020, the HELP loan limit is $106,319 for most students. Visit the Study Assist website for more information.
List of William Angliss Institute courses approved for VET Student Loans 2021
|Course Code||Course Name||Government Subsidised Tuition Fee||Fee for Service Tuition Fee||VSL Loan Cap|
|FBP50118||Diploma of Food Science and Technology||6,786||9,360||16,077|
|SIT50116||Diploma of Travel and Tourism Management||10,858||13,029||10,717|
|SIT50316||Diploma of Event Management||10,858||13,029||10,717|
|SIT50416||Diploma of Hospitality Management||10,858||13,008||10,717|
|SIT50416H||Diploma of Hospitality Management (Angliss International Hotel School)||18,483||19,594||10,717|
|SIT50416NW||Diploma of Hospitality Management (Hotel Experience) - Sydney campus||N/A||9,789||10,717|
|SIT60116||Advanced Diploma of Travel and Tourism Management||16,268*||19,035*||10,717|
|SIT60216||Advanced Diploma of Event Management||16,279*||19,568*||10,717|
|SIT60316||Advanced Diploma of Hospitality Management||16,330*||19,596*||10,717|
*Fees are reduced for any credits received from lower level qualifications.
What is covered by VSL
VET Student Loans (VSL) can be used to cover tuition fees only. Other fees, e.g., student services fees, material fees, tours or excursions, are not covered.
For most courses, the VET Student Loans (VSL) cap will not fully cover the tuition fees for the entire course. You will be required to pay any tuition fee above the loan cap as it becomes due. You will also be required to pay any other non-tuition fees (excursions, uniforms, etc) before you can commence study.
Refer to the VET Schedule of Tuition Fees for tuition fee for each unit of study of eligible courses and their applicable census dates.
- There is a loan fee for Full-Fee Paying/Fee For Service students calculated at 20% of the loan amount which is added to the loan balance. Students eligible for a Government Subsidised Place do not need to pay a loan fee. Check if you are eligible for a Government Subsidised Place via Victorian Training Guarantee.
- If the Department of Education and Training removes your course from the list of eligible courses, the remainder of tuition fees for the rest of your course will no longer be covered.
The Department of Education and Training sets a limit on the total amount of student loans allowed for each education provider and this limit may not cover all eligible student loans. Therefore, if you intend to apply for a student loan you should do so as soon as possible.
How to apply for a VSL
How to Apply For a VET Student Loan
- Read the VET Student Loan Information booklet.
- Apply for a Tax File Number from the ATO if you don’t already have one.
- Gather evidence of your citizenship status and academic suitability to support your loan application if we don’t already have the required documents (see below for required evidence).
- If you are under 18, have your parent or guardian complete a VET Student Loans Parental Consent Form. This is not necessary if you have been assessed by Centrelink for the independent rate of Youth Allowance but you will need to provide a Centrelink Income Statement as evidence of this.
- Submit your required evidence documents either by visiting the VET Student Loans stand at theOrientation Day Fair or email firstname.lastname@example.org.
- William Angliss Institute will verify your eligibility and register your student details in the Government eCAF system.
- You will receive an email from the Government eCAF system and, using details in that email, are required to login to eCAF to enter your Tax File Number and confirm your loan.
Evidence of Australian Citizenship
You will need to provide one of the following:
- An Australian Passport
- An Australian Citizenship Certificate
- A Citizenship by Descent extract
- If you were born in Australia before 20 August 1986, your full Australian birth certificate
- If you were born in Australia on or after 20 August 1986 and one of your parents was an Australian Citizen at the time of your birth
- If your full Australian birth certificate shows that one of your parents was born in Australia before 20 August 1986, your full Australian birth certificate
- If your parent was not born in Australia before 20 August 1986:
- A) your full Australian birth certificate and your parent’s Australian citizenship certificate OR
- B) your full Australian birth certificate and your parent’s full Australian birth certificate.
- If you were born in Australia on or after 20 August 1986 but neither of your parents was an Australian citizen at the time of your birth, your Australian citizenship certificate.
If you cannot provide any of the above you should apply for your own evidence of Australian citizenship through the Department of Home Affairs.
Australian permanent humanitarian visa holder
- Permanent humanitarian visa VEVO
New Zealand citizens
- New Zealand Special Category Visa plus evidence
- of usual residence in Australia for at least 10 years prior to the loan application
- you were a dependent child under 18 years of age when you were first usually resident in Australia
- you have been in Australia for a total of 8 out of the last 10 years and 18 months out of the last 2 years.
Evidence of Academic Suitability
To be eligible for a VET Student Loan, you must be assessed as being academically suitable to undertake your course. You can meet this requirement through one of the following ways:
- Provide a copy of your Senior Secondary Certificate of Education (Year 12 certificate) as awarded by an Australian State or Territory OR
- Provide a copy of a Vocational Education Qualification certificate issued for completion of a Certificate IV qualification or higher and that was delivered in English OR
- Complete the Language, Literacy and Numeracy (LLN) assessment and attain an Australian Core Skills Framework Exit Level 3 result or higher for literacy and numeracy. Most students will have taken the LLN test as part of your interview. If you scored below exit level 3 and do not have either of the first two requirements, you will be invited to resit the LLN.
Managing your loan
VET Student Loans fee notice/ VET Student Loans Statement of Covered Fees
The census day for a course, or a part of a course (e.g. unit), is the last day you can:
- complete the eCAF to apply for a VET Student Loan for your course
- withdraw your enrolment without incurring a debt for the course or part of the course
Before your first census date you will receive a VET Student Loans Statement of Covered Fees showing your contact details, student identification number, CHESSN, the tuition fees for your current enrolment, the amount that will be covered by the loan and the amount you will need to pay. You can see which units will be deferred and which are to be paid by you with due dates by logging in to eStudent and selecting the "My Finances" tab across the top of the screen.
You must check each detail on the notice carefully and advise the Information Centre if there are any errors before the census date.
Commonwealth Assistance Notice
After the census date for the units has passed, you will receive a Commonwealth Assistance Notice confirming the amount of HELP debt you have incurred and any amounts that you have already paid toward these tuition fees.
Withdrawing from your course or units of study
If you wish to change or withdraw from your course, or if you wish to withdraw from some units, you need to contact your course Program Leader to complete the relevant forms. More information on withdrawing can be found on our Withdrawal page.
If you make these changes before the relevant census date of your units of study, the tuition fees will be cancelled and any relevant tuition fee amounts you have paid will be refunded.
If you make these changes after the census date, the tuition fees that have been added to your HELP debt under VET Student Loans cannot be cancelled and have to be repaid as normal. If there were special circumstances preventing you from acting before the census date, please read the relevant section on Special Circumstances in the VET Student Loans information booklet.
Checking your HELP records and balance
You can view your HELP debt records and balances online by one of the following methods as outlined by the Australian Government.
- Log in to myHELPbalance. You will need your Commonwealth Higher Education Student Support Number (CHESSN) to log in. Your CHESSN is shown on your Commonwealth Assistance Notice.
- Log in to the myGov website. To access this online service, please refer to the instructions on the ATO website.
- Call the ATO on 13 28 61. You will have to advise the ATO of your tax file number (TFN) before they will disclose any personal information to you.
If you require further information or assistance with accessing a VET Student Loan, please contact the relevant Centre for your course or