VET FEE-HELP Scheme Reform
The Australian Government has recently implemented changes to the VET FEE-HELP scheme in order to improve its quality and effectiveness for students.
From January 1st 2017, VET FEE-HELP will cease and VET Student Loans will commence with a number of amendments to the old scheme.
Current providers of VET FEE-HELP will be required to apply for formal approval under new, streamlined eligibility requirements. We encourage you to become familiar with the new scheme and how it will affect your RTO by reading theDepartment of Education & Training website.
Your VETtrak Software
As of yet, the changes to the VET FEE-HELP scheme will not affect the reporting capabilities of VETtrak. We are highly aware of the recent updates and will always work to incorporate with any government changes that arise.
If you have any questions about how changes to the VET FEE-HELP scheme might affect your VETtrak system, contact us to speak to a VETtrak specialist.