ACBC is an approved VET Student Loans provider for selected courses

VET Student Loans is a financial assistance scheme offered by the Australian Government. Eligible students can secure an interest-free loan to pay all or part of their tuition fees for approved courses.

With VET Student Loans, you do not have to repay your loan until your income reaches the minimum threshold set for compulsory repayment. The 2022-23 threshold is $48,361 (https://www.studyassist.gov.au/paying-back-your-loan) with a one per cent repayment rate. Payments are managed by the Australian Tax Office through the taxation system. You can choose to make voluntary repayments at any time.

The Australian Government charges a VET Student Loans fee of 20% in addition to the tuition fee borrowed.

Eligible students must be:

  • An Australian citizen
  • A New Zealand Special Category Visa (SCV) holder who meets the long-term residency requirements.
  • A permanent humanitarian visa holder.

Learn more about how VET Student Loans can assist you. Read our VET Student Loans Information Booklet and browse through our downloadable library of VET Student Loans information resources and policies. Alternatively, please call us directly on 1300 COLLEGE.

ACBC Online Courses approved for VET Student Loans

  • BSB50120 Diploma of Business
  • BSB50620 Diploma of Marketing and Communication
  • BSB50420 Diploma of Leadership and Management
  • BSB50720 Diploma of Paralegal Services
  • CHC51015 Diploma of Counselling
  • CHC52021 Diploma of Community Services
  • CHC50121 Diploma of Early Childhood Education and Care
  • 10904NAT Diploma of Social Media Marketing
  • SIT50122 Diploma of Travel and Tourism Management

To be eligible you must be an Australian citizen, a New Zealand Special Category Visa (SCV) holder who meets long term residency requirements or a permanent humanitarian visa holder.

The Commonwealth Government has determined a maximum loan amount for all nationally recognised qualifications approved under VSL. A gap may exist between the tuition fee charged by ACBC Online and the maximum loan amount available through VSL. Speak with a Careers Advisor to discuss how to finance the gap if this is applicable to your course.

Download our Policies