Where can I get important information about the VET Student Loan Program?
You must read the VET Student Loans Information Booklet before applying for a loan. A VET student loan results in a HELP debt that continues to be a debt due to the government until it is repaid. You will start repaying the loan when you reach the minimum repayment threshold.
The rate at which you repay the loan is based on your income, as you earn more you will repay a higher percentage of your taxable income towards your loan. Check the Study Assist website to find out more. We encourage you to seek independent financial advice to be sure a VET Student Loan is right for you.