VET Student Loans Rules 2016
123Fee periods
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123 Fee periods
(1) The approved course provider: (a) must choose 3 or more fee periods for an approved course; and (b) may choose different fee periods for different students.
Note: Example: The fee periods may be longer for a student undertaking the course part‑time.
(2) The fee periods for the course must: (a) be sequential and together equal the duration of the course; and (b) be of equal, or approximately equal, length based on the estimated duration of the course; and (c) each contain at least one census day for the course.
Note: The precise length of the fee periods need not be known when they are chosen.
Note: Example: When the student begins the course, the provider is still deciding whether the student should get some recognition for prior learning (which would reduce the duration of the course). The provider could choose for the course to have 3 fee periods of equal length based on the estimated duration of the course.
(3) However, the length of any fee periods that are yet to start at a particular time may be changed in proportion to a change at that time to the duration of the course. The changed fee periods must be of equal, or approximately equal, length.
Note: Example: If the student changes from studying full‑time to part‑time during the course, the duration of the course may increase. The length of the remaining fee periods could be similarly increased.