How to become a VET Student Loans provider

The VET Student Loans (VSL) program is governed by the VET Student Loans Act 2016 and the VET Student Loans Rules 2016. 

This page is the central point for links to resources and information about how to apply to become an approved course provider under the VET Student Loans Act 2016.

On this page:

Application rounds

The department expects to open an application round for interested RTOs later this calendar year. This website will be updated with the relevant dates once they have been determined. The most recent round closed on 4 June 2021.  If you are interested in applying to become a VSL approved course provider in future, please complete the VET Student Loans Providers Form

Interested parties who express, or have already expressed, an interest in applying to become a VSL Approved Course Provider will automatically receive an Application Package before the next round opens. General enquiries should be addressed to vetloans@dese.gov.au.

Eligible Providers

The VET Student Loans Act 2016 and the VET Student Loans Rules 2016 set out the requirements VSL approved course providers must meet. You should be familiar with these requirements before lodging an application, (see section 25 of the Act and Part 4 of the Rules.)

Before submitting an application you should check that your organisation:

  • is a body corporate that is not a trustee
  • was established under the law of the Commonwealth, a state or territory
  • carries on business in Australia and has central management and control in Australia
  • is an RTO listed on the National Register
  • meets the provider suitability requirements
  • is managed by a fit and proper person

VET Student Loans are available for higher level VET qualifications that are listed on the VET Student Loans (Courses and Loan Caps) Determination 2016. Eligible providers must have a history of delivering at least one of the VSL approved courses on this list.

Application process

Providers must apply through a formal application process using the form approved by the Secretary of the Department of Education, Skills and Employment. Providers must be able to demonstrate that they meet all provider suitability requirements. These include:

  • general requirements
  • financial performance
  • management and governance
  • experience and course offerings
  • student outcomes
  • workplace relevance

The requirements and application process are explained in the Application Guide and in the information session.

This twenty minute information session provides useful information for providers prior to submitting an application to become a VET Student Loans approved provider.

You may submit an expression of interest via the online enquiry form below in order to receive the Application Package.

Application Fee

An application fee of $5,110 is required for all applications and failure to pay the fee may impact on the acceptance and/or finalisation of the application. The application fee assists with the cost recovery associated with processing and assessing applications. Providers will be sent an invoice upon their application being accepted for assessment.

Note: The department does not provide pre-assessment assistance for applicants applying to the VSL program and the application fee is not refundable if your organisation is unsuccessful in the application process. Applicants who were unsuccessful in previous rounds will be required to pay the application fee to reapply.

More information

You can find out more information about the operational requirements for approved providers.

Enquiries

Any queries about VET Student Loans, the provider approval process and the expression of interest should be submitted using the VET Student Loans Providers Form.

VET Student Loans provider enquiry form

Privacy statement

Personal information

Your personal information is protected by law, including under the Privacy Act 1988 (Privacy Act).

Personal information is information or an opinion about an identifiable individual. Personal information includes an individual’s name and contact details.

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We will use the information you have provided to handle your enquiry.

We may need to collect further information from you in order to handle your enquiry. If you do not provide this information to the department, it may affect how we handle your enquiry.  In some circumstances, it may mean we are not able to handle your enquiry.

Disclosure of your personal information

Your personal information may be disclosed to other parties where it is necessary to handle your enquiry, where you have agreed, or where it is otherwise permitted under law (including the Privacy Act).

Privacy policy

The department’s Privacy Policy, including information about how to make a complaint and access to and correction of your personal information, can be found at https://www.dese.gov.au/privacy or by requesting a copy from the department at privacy@dese.gov.au.

To contact the department about your personal information email privacy@dese.gov.au.