AusSchemes is not a government service. This information is general in nature and may not reflect the most recent eligibility rules or amounts. Always confirm details on the official source before applying.
VET Student Loans
Income-contingent loans to help eligible students pay their tuition fees for approved Diploma, Advanced Diploma, Graduate Certificate, or Graduate Diploma courses at approved VET providers.
Indicative amount
Covers approved course fees; repaid via tax system
Indicative amount only — confirm on the official page
What you get
You borrow from the government to pay tuition fees. You only repay through the tax system once your income exceeds ~$54,435/year. No interest but indexed to CPI annually.
Who it's for
Relevant life events: study, student
How to apply
1. Confirm your course and provider are approved for VET Student Loans. 2. Complete the Request for VET Student Loan form through your provider. 3. Provide your TFN to your provider.
Documents you may need
- Tax file number
- Proof of citizenship or residency
- Enrolment confirmation from approved provider
Informational only — confirm exact requirements on the official page.
You will be taken to www.studyassist.gov.au
Last reviewed by AusSchemes: 20 April 2026