A subsidy is money paid by a state or territory government to a registered training organisation (RTO) to partially reduce, or in some cases fully cover, your tuition fee.
My Skills displays information on which courses are subsidised by which states and territories at specific RTOs. However, eligibility rules vary, so you will need to contact the RTO directly to confirm your eligibility.
VET Student Loans
VET Student Loans is a loan program to help eligible students enrolled in certain higher level vocational education and training courses, at approved course providers, pay their tuition fees (up to capped amounts). VET Student Loans commenced on 1 January 2017, replacing the VET FEE-HELP scheme. For more information, visit Department of Education and Training.
VET Student Loans Eligibility Tool
This tool will help you check your eligibility for a VET Student Loan and should be used as a guide only.
Once you have completed the questions, take a copy of your report to your training provider along with the suggested supporting documentation.
The VET Student Loans calculator can help you understand what your debt will be when you start your course, and show you how it may increase if you do not earn enough to begin paying back the loan.
It is important to remember that the initial debt amount (including the loan fee, if applicable) plus indexation must be paid back once you start earning over a certain amount. The compulsory repayment threshold for the 2017-18 income year is $55,874.
There may be additional fees attached to your course; be sure to check with the training provider to get clear details about your financial obligations before enrolling.
An Australian Apprenticeship (apprenticeship or traineeship) gives you a nationally recognised qualification and the experience you need to get ahead in your chosen career. Visit the Australian Apprenticeships website or apprentices and traineeships page for more information about financial assistance and the Australian Apprenticeships Incentives Program.
Trade Support Loans
Apprentices and trainees working in a skills need area may be eligible for Trade Support Loans to help cover their living and learning costs.
The Study Assist website can help you work out what other government assistance may be available to you to help you finance your VET study.
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 for people aged 25 or over who are studying full time or undertaking a full-time Australian Apprenticeship or traineeship.
VET Student Loans Calculator
VET STUDENT LOANS CALCULATOR
This course is eligible for a VET Student Loan from the Australian Government to assist you with paying for your tuition fees.
Your initial debt amount (including the loan fee, if applicable) plus indexation must be paid back once you start earning over a certain amount.
The compulsory repayment threshold for the 2017-2018 income year is $55,874.
Based on your response, you are not eligible to access a VET Student Loan.
The VET Student Loans Program is only available to Australian citizens, qualifying New Zealand citizens, or permanent humanitarian visa holders who are residing in Australia.
You may wish to talk to your training provider to discuss alternative payment options for your studies or check with your local state or territory government for any state-based funding and assistance initiatives.
Question 2: Age
Are you over 18 years of age?
Don’t worry, you may still be eligible for a VET Student Loan. Students under the age of 18 will need to provide a parental consent form or specific evidence of their independence.
Not all courses and training providers are approved for the VET Student Loans (VSL) program, so your selections may not be listed below.
If your selections aren't listed, or you're simply not sure right now, you can leave these questions blank and go to Question 3 to check your overall VSL eligibility.
Question 3a: Approved course
What VET Student Loans approved course are you planning to study?
Question 3b: Approved provider
What is the name of the VET Student Loans approved training provider you intend to study with?
Note: If your provider is not listed, and you are studying at a Diploma level or above,
it is likely that you will not be eligible for student payments from Centrelink.
You must be studying an approved course at a provider that is approved for VET Student Loans to get student payments from Centrelink.
Do you have enough FEE-HELP balance remaining (this is the amount of FEE-HELP limit you have available to you)?
You are not currently eligible for a VET Student Loan as you have indicated that you have reached your FEE-HELP limit. You may wish to talk to your training provider to discuss alternative payment options for your studies.
Note: New loan limit arrangements commence from 1 January 2020. These changes may affect your eligibility on this requirement. Complete this tool and download your VSL Eligibility Tool Report for more information.
Question 5: Entry requirements
Have you completed:
Don’t worry, you can complete a literacy and numeracy test with your training provider. Contact your provider for more details.
You will need a USI in order to enrol in your course and receive your qualification or statement of attainment.
You can create a USI here.
VET Student Loans Eligibility Report
Based on the answers you have provided you may be eligible for a VET Student Loan.
Please download and take a copy of this report, along with any suggested documents, to your nominated approved provider.
Based on your answers to the following question(s), you are not currently eligible for a VET Student Loan:
Question 4: FEE-HELP limit
Question 6: Tax File Number
Question 7: Unique Student ID
Please view your VET Student Loans Eligibility Report for information on how you can become eligible.
The information provided in this report should be used as a guide only. Your approved provider will discuss with you further
student entry requirements you may need to complete before you can access a VET Student Loan.
If you would like to know how much debt you will incur and/or any additional tuition costs
you might be expected to pay upfront, please use
VET student Loans calculator.