VET Student Loan Information

Interested in Studying one of our Diploma options with Move Academy.

Here is some information that you may need including more detailed

information on VET Student Loans.

What is a VET Student Loan?

A VET Student Loan (VSL) is a loan from the Australian Government that helps eligible students pay their tuition fees. Your loan is repaid through the Australian tax system when you reach the minimum income threshold for repayment. The minimum income threshold for repayment is set by the Australian Government each year and is published on Study Assist. Repayments continue until you have repaid your entire debt. It is important to note that your loan will remain a personal debt until it is repaid, and it may reduce your take-home (after-tax) wage and your borrowing capacity. You may wish to seek independent financial advice before applying.

For more information on the VET Student Loans program, visit the Department of Education, Skills and Employment VET Student Loans website.

The amount you can borrow for your tuition fees is determined by the Australian Government, this information is updated annually and can be found on their VET Student Loans website. Your individual loan amount also depends on your current HELP loan balance, which can be checked on the My Help Balance website. A VET Student Loan is only for tuition fees and does not cover additional costs such as textbooks, materials, or accommodation.

Information on VET student loan includes the following information:

eCAF fact sheet

Student Progression fact sheet

Move Academy Pty Ltd (RTO ID: 41087) is an approved VSL Provider for the BSB50120 Diploma of Business, 10849NAT Diploma of Applied Blockchain, 10747NAT Advanced Diploma of Applied Blockchain, 10991NAT Diploma of Applied Blockchain Merging Machine Learning and Artificial Intelligence, CHC53415 Diploma of Leisure and Health and SIS50122 Diploma of Sport, Aquatics and Recreation Management

VSL is temporarily not available due to unprecedented demand for the blockchain courses; please inquire about our other loan options

VET Student Loan Policies and Procedures

The VSL Guide, along with the policies and procedures below will provide you with information on all of the Move Academy processes and procedures relating to student entry, applying and enrolling, fees, re-crediting HELP balances, handling of information, academic suitability, census days and important notices, eCAFs, withdrawal from courses, cancellation of enrolment, student complaints, and VET Student Loan considerations.

Once you have enrolled, Move Academy will supply you with a Schedule Agreement outlining the important dates and fees relevant to your VET Student Loan, as well as your obligations to Move Academy in relation to VET Student Loans.

The Schedule Agreement will include information and dates regarding the:

• Electronic Commonwealth Assistance Form (eCAF)
• Statement of Covered Fees (SoCF)
• VET Student Loans Fees Notice
• Census Dates
• Commonwealth Assistance Notice (CAN)
• Progression Forms

For more information download the Australian Government’s ‘Student Obligation’ resource

Move Academy Policies and Procedures

Please find below information regarding the Move Academy schedule of tuition fees for the programs on offer as well as census dates schedule.

1 year Program

10849NAT Diploma of Applied Blockchain

10747NAT Advanced Diploma of Applied Blockchain

10991NAT Diploma of Applied Blockchain Merging Machine Learning and Artificial Intelligence