This page will be updated regularly with news items, notifications and changes that providers need to be aware of.
On this page:
2022 indexed course caps
The indexed VSL course cap amounts for 2022 have been released.
The course cap is the total amount of loan an eligible student may access for a particular course. The course cap amounts are indexed annually.
New and continuing students will have access to the following maximum loan amounts for any census days that occur from 1 January 2022:
Band 1 (Part 1, Schedule 1) $5,406
Band 2 (Part 2, Schedule 1) $10,813
Band 3 (Part 3, Schedule 1) $16,221
Specific (Schedule 2) $81,111
Factsheets for providers (including details of the calculation) and students are available.VET Student Loans Course Caps Indexed Amounts (for providers) VET Student Loans Course Caps Indexed Amounts (for students)
VSL Forum – 29 July 2021
The fourth VSL Forum was held on 29 July 2021. Over 200 participants registered for the VSL Forum which was held by webinar. VSL providers heard about the VSL Tuition Protection Service (TPS) levy, the voluntary VSL Code of Practice, key research findings which will inform the redevelopment of the Progression Form and other operational issues.
VET Student Loans Code of Practice
The VET Student Loans Code of Practice (the Code) has been published on the Commonwealth Ombudsman’s website.
The purpose of the Code is to identify key complaint areas raised by students with a VET Student Loan (VETSL) debt and to share proven complaint resolution principles that can increase the ability of students and providers to successfully resolve disputes without the intervention of the VET Student Loans Ombudsman (VSLO).
The Code is not a legislative instrument and while adopting the Code is voluntary, it is viewed by the VSLO as a tool to assist providers to meet their regulatory obligations and improve business practices.
Unique Student Identifier Update
On 25 June 2021 a notice was sent to VSL Primary Contact (VET) informing them that USI verification through TCSI commenced in production on Wednesday 23 June 2021.
USI reporting will be unaffected for VET providers – USI verification will continue to be processed through the eCAF and will also be processed through data reported in TCSI.
A notification will be placed on a provider’s notification table if a USI they have reported or updated fails verification – notification category ‘USI Verification Error’.
If a USI you have reported fails verification, please check that the first name, last name and DOB for the student is correct. These details must exactly match those entered against the student’s USI account. This includes an exact match with spelling and placement of any special characters.
Trouble shooting tips and contact details for the USI team are in the notice.