VET Student Loans is a Commonwealth Government scheme that assists Eligible Students pay tuition fees for approved higher-level (diploma and above) vocational education and training (VET) courses, when studying at VET Student Loans approved course providers.
Cortex Learning, trading as FlightOne Academy, Australian College of Aviation and ICAT Aviation College is a VET Student Loans approved course provider. FlightOne Academy, Australian College of Aviation and ICAT Aviation College are registered trading names of Cortex Learning Pty Ltd (RTO 45165).
VET Student Loans scheme is only available for enrolment into Approved Courses. Our course pages provide the following relevant information:
The Office of the Commonwealth Ombudsman is an independent and impartial integrity agency with oversight of Commonwealth Government agencies and some private sector organisations. Australian College of Aviation has advised the Commonwealth Ombudsman of our commitment to the Ombudsman’s Code of Practice for VSL Providers.
Tuition and other fees associated with Approved Courses are published on the relevant course page including the total VET Student Loan debt (VETSL debt) you may incur if you receive the maximum VET Student Loan available for your training.
Tuition fees will be reasonably apportioned across a specified number of sequential Study Periods (fee periods). Each fee period will contain at least one census day.
A census date is the last date on which a student can withdraw from a Study Period without incurring a debt for that Study Period. A student’s census date is calculated as the commencement date of the nominated Study Period plus 20% of the Study Period duration.
Our Census dates are located on the course page of Approved Courses.
If you use the VET Student Loans scheme, you will owe a debt to the Australian Government for the loan, which will be managed by the Australian Taxation Office. The loan will remain a personal debt until it is repaid to the Commonwealth, and the loan may, until the debt is repaid, reduce your take‑home (after‑tax) wage or salary and may reduce your borrowing capacity. You may wish to consider seeking independent financial advice before applying for a loan.
When your income reaches the repayment threshold, you will be required to start repaying your loan. The threshold and further information can be found at www.studyassist.gov.au and additional information is available at www.education.gov.au/vet-student-loans.
To apply for and access VET Student Loans to assist with the payment of a course or part of a course, you will be required to meet entry criteria including the following.
Please note: New Zealand citizens on a Special Category Visa must provide an International Movement Record evidencing that:
Where an LLN Test is used to assess your academic suitability, the results of assessing your competence in reading and numeracy under the procedure must be reported:
Tax File Number (TFN)
To apply for and use the VET Student Loans scheme, you will be required to enter your Tax File Number (TFN) into your electronic Commonwealth Assistance Form (eCAF). If you don’t have a TFN you can apply for one online via the Australian Taxation Office (ATO) website.
Please note: If you have a TFN already, please check your details are correct by logging into your myGov account prior to lodging your eCAF to avoid delays.
Unique Student Identifier (USI)
To apply for and use the VET Student Loans scheme, you will be required to enter your Unique Student Identifier (USI) into your electronic Commonwealth Assistance Form (eCAF). If you don’t have a USI or your name, address and date of birth held on the USI Registry do not match your details held by the Australia Tax Office (ATO) you will be required to apply for or update your USI. If you don’t already have a USI or need to update your details, go to the USI website.
Parental consent for under 18s
If you are under 18 years of age you must provide one of the following required documents: a signed parental statement of consent or a Centrelink Income Statement (if you are receiving Youth Allowance on the basis that you are independent.)
Prospective students who wish to utilise VET Student Loans to assist with the payment of tuition fees and are eligible to do so, are required to indicate their request to use VET Student Loans on the application form (www.acav.edu.au/apply). Once the application has been processed, you will receive further information regarding the outcome of your application and the steps required to access VET Student Loans if your application is successful and you are eligible.
Australian College of Aviation’s enrolment procedures ensure equal and fair treatment of students seeking to enrol in approved course.
We maintain open, fair and transparent procedures that we believe are based on merit for making decisions about:
(a) the selection of students seeking to enrol in approved courses; and
(b) the treatment of such students.
This is detailed in our Admissions Policy document.
Australian College of Aviation has academic standards that are expected of all students including requirements for students to progress at a suitable pace throughout the course. Students utilising VET Student Loans may additionally be required, during the course, to complete Progression Forms in order to confirm that you are progressing through the course. Progression Forms will be sent to you every few months via email from the eCAF System.
Throughout the course, it is important for you to notify us of any changes in your contact details. This is a requirement under our general terms and conditions of enrolment.
Non State Government subsidised students are charged a 20% loan fee. The loan fee is added to your student loan, but is not included within your lifetime FEE-HELP limit.
If you are an eligible student studying a Diploma and you withdraw before the census date you will receive a full 100% refund of any tuition fees you have paid in advance of the upcoming study period and will not incur a student loan debt.
If you are an eligible student studying a Diploma and withdraw after the census date you will incur a debt, unless the debt is remitted under special circumstances. If special circumstances apply, you will need to apply for a refund/re-credit. Please refer to our policies for further information.
Australian College of Aviation’s policies and procedures are published on our Policies page here: www.acav.edu.au/policies.