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Financial assistance

A range of financial assistance is available to VET students depending on your circumstances and the course you choose. In addition to the initiatives below, check the course information on My Skills to see if your course attracts a government subsidy in your state or territory; this may significantly reduce your course costs.


Vet Student Loan Scheme

VET Student Loans is a loan program that helps eligible students enrolled in higher level vocational education and training courses, at approved course providers, pay their tuition fees. VET Student Loans commenced on 1 January 2017, replacing the VET FEE-HELP scheme.

For more information, visit Department of Education and Training or StudyAssist.



Various financial assistance programs are available for individuals looking for employment or undertaking approved education and training initiatives:

Financial help for Aboriginal or Torres Strait Islander Australians who are studying or undertaking an Australian Apprenticeship. ABSTUDY may help you financially to stay at school or go on to further studies.

Financial help while you are looking for work. It also supports you while you do activities that may increase your chances of finding a job, such as studying or training.

Financial help for young people who are studying full time, undertaking a full-time Australian Apprenticeship, training, looking for work, or sick.


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