122Proportionately spreading tuition fees over periods of the course

122 Proportionately spreading tuition fees over periods of the course

(1) An approved course provider must only charge tuition fees for an approved course as follows: (a) the fees to be covered by VET student loans, and any other tuition fees, are to be reasonably apportioned over: (i) the fee periods for the course; and (ii) the parts of the course included in the fee periods; (b) none of the tuition fees for the course are to be payable outside a fee period for the course.

Note: Section 124 may exempt the provider from complying with this subsection to allow the provider to comply with a State or Territory subsidy funding arrangement.

(2) For the purposes of subsection (1), the provider may act on the basis of an estimate of tuition fees for the course if, when the course begins, the provider does not know: (a) the total of the tuition fees for the course; or (b) the duration of the course; or (c) whether a student will need to pay all of the tuition fees usually payable for the course. (3) The estimate must not exceed the maximum tuition fees for the course mentioned in marketing of the course.

Note: Paragraph 140(c) requires all marketing of a course to mention the maximum tuition fees for the course.

(4) If the actual total of the tuition fees for the course exceeds the estimate, the provider may charge the excess only during the final fee period for the course.