Summary
Amends the
Higher Education Support Act 2003
to: require VET FEE-HELP approved training providers to develop and apply appropriate student entry procedure requirements; require students under the age of 18 to seek their parent’s approval before requesting a VET FEE-HELP loan; 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; add to the eligibility criteria required for admitting new VET providers to the VET-FEE-HELP loan scheme; provide for an infringement notice scheme with a civil penalty regime for VET providers who engage in inappropriate marketing behaviours and administrative practices; extend the Commonwealth and national VET Regulator’s powers with respect to monitoring and investigation; and make consequential amendments.