VET Student Loans


VET Student Loans are an Australian Government loan scheme for the Vocational Education and Training sector that is part of the Higher Education Loan Program (HELP).

Students studying Diplomas, Advanced Diplomas or the Graduate Diploma may be eligible to apply for a VET Student Loan to defer the cost of their tuition fees. Students may choose to use VET Student Loans to cover their tuition fees. Read more about the options students have to pay their fees on our payment options page.

A VET Student Loan is repaid through the tax system once a person reaches the minimum income threshold level of repayment. The VET Student Loan remains a personal debt obligation until it is repaid to the Commonwealth and may affect (by reducing) a person’s take-home (after tax) wage or salary until the debt is repaid. It may also affect the borrowing capacity of the person until the debt is repaid to the Commonwealth.

The Australian Government VET Student Loan website provides detailed information about assistance for financing tertiary study: VET information for students

Student eligibility

Eligibility information for students wanting to apply for VET Student Loans can be found in the VET Student Loans Eligibility Tool

Students must read this booklet before applying for VET Student Loans.

  • VET Student Loans are available for diploma and above level qualifications.
  • Students are able to apply for a VET student loan for any approved course, offered by a VET Student Loans approved provider.
  • Students must meet citizenship, residency and student entry requirements to be eligible for a VET Student Loan. You can check your eligibility using the VET Student Loans Eligibility Tool.