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[April, 2018 - March, 2019]
Better Alignment of Student Payments - impacts for ACPET members
As announced as part of the 2017-18 Budget, from 1 January 2018, eligibility for student payments has been restricted to those VET courses (at diploma level and above) and education providers that are approved for VET Student Loans (VSL). These changes are part of the Australian Government’s Better Alignment of Student Payments measure.
Aligning VET course eligibility for student payments with VSL creates greater consistency of student payments with existing types of Commonwealth support. The measure directs student payments to courses that have a high national priority, meet industry needs, contribute to addressing skills shortages, and align with strong employment outcomes. Students are not required to apply for a VSL in order to receive their student payment.
The lists of tertiary VET courses and providers approved for VSL are available:
Student payment recipients undertaking courses that subsequently lose approval for payment part-way through the course, will continue to receive their payments until they finish their course, provided there is no break in payment entitlement. This also applies to students who were recipients of these payments as at 31 December 2017 and whose course lost approval on 1 January 2018. Students undertaking secondary school courses and VET courses below diploma level (such as certificate level I-IV courses) are not affected by this change.
Student payments have also been restricted to accredited higher education courses offered by providers approved for the Higher Education Loan Program (HELP).
You can visit the Department of Social Services website for more information. The announcement from the former Minister for Social Services, the Hon Christian Porter MP, is available here.