Bill amends the Higher Education Support Act 2003 to:
1. require VET FEE-HELP approved training providers to develop and apply appropriate student entry procedure requirements;
2. require students under the age of 18 to seek their parent’s approval before requesting a VET FEE-HELP loan;
3. broaden the circumstances in which a student can seek a re-credit of their VET FEE-HELP loan debt balance and remission of a debt;
4. add to the eligibility criteria required for admitting new VET providers to the VET-FEE-HELP loan scheme;
5. provide for an infringement notice scheme with a civil penalty regime for VET providers who engage in inappropriate marketing behaviours and administrative practices;
6. extend the Commonwealth and national VET Regulator’s powers with respect to monitoring and investigation; and make consequential amendments.
ACO Price at posting:
$3.43 Sentiment: Hold Disclosure: Held
