VET Student Loans

TVSA Pilot Training is an approved VET Student Loans provider from 1st January 2018. 

VET Student Loans Logo

The VET Student Loans program is an Australian Government loan program that helps eligible students enrolled in approved courses at approved course providers pay their tuition fees.

If you are an eligible student, the Department of Education and Training (the department) may approve your VET Student Loan for an approved course. The department will pay your loan directly to your approved course provider. You will be responsible for any gap amount in the tuition fees, which are not covered by the loan. You will owe a debt to the Australian Government for the loan, which will be managed by the Australian Taxation Office (ATO) and indexed annually*.

*Annual index refers to maintaining the real value of the loan by adjusting it in line with changes in the cost of living as determined by the Consumer Price index. Debts are not indexed until they are 11 months old. You can find current and pastindexation rates on the ATO website.

To be an eligible student, a student must:

  • meet the citizenship and residency requirements:
    • be an Australian citizen and their provider reasonably expects they will undertake at least some of the course of study in Australia, or
    • a qualifying New Zealand citizen or
    • a permanent humanitarian visa holder, who is usually resident in Australia.
  • be 18 years of age or older or,
    • If not, have a parental consent form signed by a responsible parent of the student or,
  • the student has received youth allowance on the basis that the student is independent within the meaning of Part 2.11 of the Social Security Act 1991 (Provider’s should receive from the student evidence of this assessment in the form of their Centrelink Income Statement noting this assessment.)
  • be enrolled with an approved course provider in an approved course and have enrolled in accordance with the application requirements have been assessed by the approved course provider as academically suited to undertake the approved course on the basis of either [Rules s 80]:
    • providing their Australian Year 12 Certificate OR
    • VET Student Loans |Manual for Providers| Version 1.2 – June 2017| -displaying competence at Exit Level 3 in the Australian Core Skills Framework in both reading and numeracy through an approved Language, Literacy and Numeracy test.

In addition, the approved course provider must reasonably believe the student shows competence in completing the course meet the Tax File Number (TFN) requirements [Act s 17].

  • have a Unique Student Identifier (USI) or be otherwise exempt have given the required documents to the approved course provider and submitted the loan application form by the first census day no less than two business days after enrolling [Rules s 10].
  • providing evidence of successful completion of an Australian Qualifications Framework Certificate IV or higher qualification (where the language of instruction is English)


A student is not entitled to a VET student loan if:

  • the course is undertaken by the student primarily at an overseas campus [Act s 10(2)] or,
  • if the student intends on studying overseas via distance education for their entire course, they would not meet the requirement to undertake the course primarily at an Australian campus or,
  • if they have a VET Student Loan balance that is more than $0