National Monday Update – 15 April 2019 Troy... Read more
ACPET’s Australian Student Tuition Assurance Scheme (ASTAS) offers protection to support domestic fee for service students in the event of an ACPET member being unable to offer the student’s course, in particular where the organisation ceases to trade, prior to delivering the tuition the student has paid for in advance. The tuition assurance protection will assist members to demonstrate compliance with either the Standards for Registered Training Organisations (RTOs) 2015 and/or the Higher Education Standards Framework (Threshold Standards) 2015.
The Government has implemented interim tuition assurance arrangements for the 2018 calendar year, for VET Student Loans, FEE-HELP and remaining grandfathered VET FEE-HELP students. For more information please click here.
As identified in the FAQs at www.education.gov.au/help-and-other-information this in effect means that providers will be exempted from the requirement to hold tuition assurance for loan schemes in 2018.
Tuition Protection Service (TPS) offer tuition assurance arrangements for international students. For more information, please click here.
For existing members with ASTAS that have any enquiries regaring their cover please email email@example.com or call 1800 657 644