VET Student Loans Student Entry Procedure

From 1 January 2017, VET Student Loans replaces VET FEE HELP Loans.  Holmesglen is an approved provider for VET Student Loans (previously VET FEE-HELP Loan Scheme).

To be eligible to apply for a VET Student Loans, you must meet both the qualification entry and academic suitability requirements as a new student commencing study at Holmesglen.

Qualification Entry Requirements and Academic Suitability

Each qualification has specific entry requirements that you must satisfy. These are:

  1. The stated entry requirements for the qualification or unit/s of study. Information specific to each qualification including course structure, entry requirements (example prior qualifications, industry experience) plus course content and outcomes, fees, delivery and assessment arrangements can be found for each qualification listed on the Holmesglen website.

  2. To meet academic suitability requirements. That is, you need to:

    1. Have completed year 12 and provide Holmesglen with a copy of your Senior Secondary Certificate of Education awarded to you by an agency or authority of a State or Territory;

      OR

    2. Complete an approved* language, literacy and numeracy (LL&N) assessment administered by Holmesglen and display competence at or above Exit Level 3 in the Australian Core Skills Framework (ACSF) in both reading and numeracy.

      OR

    3. Provide Holmesglen with a copy of a qualification at Level 4 or above in the Australian Qualifications Framework that was awarded to you. This qualification will be accepted if this was delivered in English.

    Note 1: All students seeking to enrol for study at Holmesglen are required to complete a Pre-training review and Language, Literacy, and Numeracy (LL&N) assessment (bksb) prior to the registration for enrolment. Bksb is the LL&N assessment tool approved by the Australian Government for assessing a student's competency in reading and numeracy against the Australian Core Skills Framework. Your Teaching Department will provide you with your log-in details and instructions to access the bksb skills review (at the Pre-training review). The assessment may take approximately 45 minutes to complete, and a report indicating your achieved ASCF level will be available on completion. To be able to access VET Student Loans, you must demonstrate competence in the ACSF at or above Exit Level 3 (working at level 4).

    Note 2: The results of your LL&N test will be formally communicated to you as soon as practicable after the assessment. A copy of your LL&N test results will be retained by Holmesglen for at least five (5) years after you enrol and will be made available to the Australian Government on request.

    Note 3: Holmesglen will use the results from the LL&N assessment to form a reasonable opinion that a student is, or is not academically suited to undertake the chosen VET qualification for study. There may be occasions where it is suggested that you undertake an alternative qualification based on these results and your career goals.

  3. All Holmesglen students are required to meet with a teacher to discuss their specific needs and suitability for the qualification prior to enrolment.

VET Student Loans Eligibilities

When you meet the above qualification entry criterion, you are eligible to apply for a VET Student Loans up to a capped amount in an Approved Course at the Diploma, Advanced Diploma, Graduate Certificate or Graduate Diploma level in the Australian Qualifications Framework offered by Holmesglen if you:

  1. Have not been approached with an offer of cash, vouchers or gifts (eg laptops) to enrol in qualification or handed over your personal information;

    AND

  2. Meet the citizen and residency eligibility requirements.  Holmesglen will verify proof of citizenship/visa status to ensure that you:

    1. are an Australian citizen;  OR

    2. hold a permanent humanitarian visa (resident in Australia for the duration of the unit/s of study) ; OR

    3. are a qualifying New Zealand citizen who:

      • Holds a special category visa;  and
      • Is a resident in Australia for at least 10 years;  and
      • Was a dependent child when you were first usually resident in Australia;  and
      • Has lived in Australia for a period totalling 8 years during the last 10 years;  and
      • Has lived in Australia for periods totalling 18 months in the last two years.
  3. Have not exceeded your FEE-HELP limit.

  4. Meet the Tax File Number (TFN) requirements

  5. Have a Unique Student Identifier (USI) or are otherwise exempt

  6. Have read the VET Student Loans Information Booklet for 2017

  7. Have provided the required documents to Holmesglen as proof of eligibility

  8. Have submitted your Request for a VET Student Loan eCAF via the eCAF System by signing in to the Government's eCAF System and verifying your information on or before the first census date and no less than two (2) business days after enrolling.

  9. Have provided a copy of your completed Request for a VET Student Loan eCAF for VET Student Loan to Holmesglen.

Note 1: VET Student Loans are a debt from the Australian Government that allows you to pay tuition fees during the course of your study. Tuition fees will be reasonably apportioned across a specified number of sequential fee periods and each fee period will have one census date.

Note 2: If you do not complete your Request for a VET Student Loan eCAF via the eCAF System or other permitted form by the required census date, you will not be eligible for the VET Student Loan for the unit/s of study in the qualification. You will have to wait until the next study period to re-apply. (You will need to make tuition fees payments for the unit/s of study in which you are enrolled for study).
This process also applies to continuing students accessing VET FEE HELP Loans in 2017.

Note 3: The maximum loan amount (including higher education courses) you can borrow from the Australian Government for 2017 is $100,879 for most students and $126,101 for students undertaking medicine, dentistry and veterinary science qualifications.
Repayment of the loan is required when your income reaches the repayment threshold. The threshold can be found at www.studyassist.gov.au.

Administrative VET Student Loans Requirements:

There are other important administrative requirements that you need to be aware of when applying for VET Student Loans. Holmesglen will collect and verify your identity, date of birth and eligibility. Please ensure that you:

  1. Are enrolled by the Census date for the qualification or unit/s of study. Census dates can be obtained from Holmesglen Information Office or from our website.

  2. Complete and submit a valid Request for a VET Student Loan eCAF by the Census date using the Australian Government eCAF System.
    You will receive an email from the Australian Government allowing you to sign into the eCAF System. You will be required to sign-in, verify your information and complete the mandatory fields prior to submission of your application for access to VET Student Loans. On submission you must provide Holmesglen with a copy of this completed form.
    You must read the VET Student Loans Information Booklet 2017 for more information before you apply for a VET Student Loan.

  3. Have a Tax File Number or a Certificate of Application for a Tax File Number.

  4. If you are under the age of 18, your application must be co-signed by a parent or guardian or you have received youth allowance (within the meaning of the Social Security Act 1991) on the basis that you are certified as independent.

Once you are deemed eligible to access a VET Student Loan:

  • Holmesglen is required to provide a 'cooling off' period. Your request can only be processed after two (2) business days following your enrolment into the unit/s of study for the qualification.
  • If you enrol less than sixteen (16) business days before the Census date for the unit/s of study for the qualification you will not be eligible to apply for a VET Student Loan for those unit/s in the specified study period. In essence this means that your VET Student Loan eCAF application should be 16 prior to census date; 2 days 'cooling off' period plus the 14 days submission period for the Request for a VET Student Loan eCAF
  • You will receive a VET Student Loan Fee Notice 14 days prior to census date and no earlier than 42 days before the census date. The VET Student Loan Fee Notice will give you notice of the part of the qualification in which you have enrolled into.

Once you have been approved with a VET Student Loan:

  • You will also receive a Commonwealth Assistance Notice within 28 dates from the Census date for the qualification or part thereof and for which you have accessed a VET Student Loan.
  • You will be required to communicate your agreement to the Australian Government during the course of your study to continue to access the VET Student Loans program for payment of your tuition fees in the qualification in which you have enrolled.

For information about VET Student Loans, you must read the VET Student Loans Information Booklet issued by the Australian Government for 2017.