Financial assistance


The VET FEE-HELP scheme will cease on 31 December 2016. It will be replaced by VET Student Loans on 1 January 2017. Visit the Department of Education and Training for information about this change. We will provide more information soon.


VET FEE-HELP is a Commonwealth Government loan scheme which assists students to pay for all or part of the TAFE tuition fees when studying RMIT's Diploma of Logistics through Open Universities Australia.

Students are able to apply for VET FEE-HELP assistance directly with RMIT. If eligible, students may borrow up to the FEE-HELP limit over their lifetime. The combined lifetime limit for FEE-HELP and VET FEE-HELP loan is $99,389 (as at January 2016). The FEE-HELP limit is indexed on 1 January each year.

The Commonwealth Government applies an additional 20% loan fee to the amount of VET FEE-HELP assistance provided. The loan fee will be included in your VET FEE-HELP debt to be repaid through the Australian taxation system once your repayment income is above the minimum threshold.

The VET FEE-HELP loan scheme is similar to the FEE-HELP loan scheme.

Applying for VET FEE-HELP

  1. Students are able to indicate their interest in applying for the VET FEE-HELP loan scheme on the eligible OUA course application forms.
  2. Students will then receive a paper application for VET FEE-HELP form and an information booklet in the mail.
  3. Students are required to lodge the completed form directly with the TAFE provider.
  4. The TAFE provider will assess your eligibility and upon approval, OUA and/or the provider will notify you of the outcome.
  5. The VET FEE-HELP scheme will now be available as a selection option to pay for eligible unit enrolments within the approved course.


To be eligible for VET FEE-HELP assistance:

Other important information to note:

Further Information:

Contact our Student Advisors on 1300 363 652 if you require further assistance with VET FEE-HELP. Alternatively visit the Study Assist web site's publications page.