TVSA is an approved VET Student Loans provider. Accordingly, we are now proud to be able to offer this option to our students.

For up to date information visit http://studyassist.gov.au


How does a VET Student Loan assist me?

Flying has been out of range for a lot of people, now TVSA’s approved VET Student Loan courses will help you achieve your dreams!

TVSA is approved by the Department of Education, Employment and Workplace Relations (DEEWR) to offer VET Student Loans to eligible students enrolled in the Diploma of Aviation Course. This means that you will be able to use the full loan amount (or your outstanding balance) towards your flight training.

Unlike some other aviation training schools, TVSA Pilot Training is the approved Student Loan provider not a associated University offering the credit transfer. Therefore, the full VET Student Loan amount can be put towards the flying training component.

It is important that you become familiar with the way the TVSA VET Student Loan program works. So please take some time and read the information contained on this page as well as the links.

Schedule of VET Tuition Fees

Please spend ample time becoming familiar with the Schedule of VET Tuition Fees. It is in this section that you will find information on course start dates, units of study, and fees that are included, and those that are NOT included.

Loan Repayment

You would start to repay your loan once you earn above the minimum repayment threshold (for the 2017-18 income year this is $55,874), visit http://studyassist.gov.au for further details. If you are eligible, you can borrow funds up to your lifetime loan limit to help pay for all or part of your VET tuition fees. In 2017, the Student Loan limit is $100,879

Repayment income is calculated from the amounts given on your income tax return for:

  • your taxable income;
  • reportable fringe benefits (reported on your payment summary);
  • total net investment loss (which includes net rental loss);
  • reportable super contributions; and
  • exempt foreign employment income amounts.

 


Eligibility

To access VET Student Loan assistance you must be an eligible student. An eligible student (for the purpose of a VET Student Loan):

is

a) an Australian citizen; or

b) a permanent humanitarian visa holder who will be resident in Australia for the duration of the unit of study in which they are seeking VET Student Loan assistance;

is a full fee-paying student, or an eligible subsidised student in a Reform State or Territory, enrolled on or before the census date in an eligible unit of study through an approved VET provider and remains enrolled in the unit at the end of the census date;

meets the tax file number requirements;

has completed, signed and submitted a valid Request for a VET Student Loan assistance form for the unit or the course of which the unit forms a part, on or before the census date; and

has not exceeded the loan limit.


Application

If you are eligible for VET Student Loan assistance and would like to obtain a VET Student loan for your course, you should contact us to obtain a ‘Request for VET Student Loan assistance form’ as well as a TVSA application form.

You must complete, sign and submit the form back to TVSA before the due date of your unit of study as shown in the Schedule of VET Tuition Fees which declares that you have read the 2017 VET Student Loan information booklet and you are aware of your obligations under VET Student Loan.

If you have any further questions please do no hesitate to contact us.

Want to know more?

At TVSA Pilot Training we are dedicated to training pilots for a challenging and satisfying career in commercial aviation. If you would like to know a bit more about the company, staff, or accommodation, please follow this link: About Us

Courses eligible for VET Student Loans

Additional Information: