Commonwealth Numbered Acts

VET STUDENT LOANS ACT 2016 (NO. 98, 2016) - SECT 69

             (1)  The course provider must, on the Secretary's behalf, re-credit a student's FEE-HELP balance if:

                     (a)  the student has not completed the requirements for the course, or the part of the course, because the provider ceased to provide the course or part after it started but before it was completed; and

                     (b)  it is impractical for the student, under the approved tuition assurance arrangement for the course, to finish the course or an equivalent course.

             (2)  The amount re-credited must equal the amount of the VET student loan that has been used to pay tuition fees for the student for the course, or the part of the course.

             (3)  If the course provider re-credits the student's FEE-HELP balance, the course provider must notify the following of the re-credit as soon as practicable:

                     (a)  the student;

                     (b)  the tuition assurance scheme operator for the student for the course.