98Providing information before enrolment

98 Providing information before enrolment

(1) The purpose of this section is to ensure that students seeking to enrol in an approved course: (a) are fully informed of the tuition fees and any other fees that apply to the course; and (b) are clear about their responsibilities, obligations and rights if they enrol in the course; and (c) are clear about their responsibilities, obligations and rights if they apply for a VET student loan. (2) Before enrolling a student in an approved course, an approved course provider must give the student the following information: (a) all information required to be provided under the Standards for NVR Registered Training Organisations that relates to ensuring that each student is properly informed and protected; (b) the tuition fees for the approved course; (c) any fees other than tuition fees that are payable for the course; (d) the student’s options for paying tuition fees, including: (i) payment by the student as fees become due; and (ii) a VET student loan; (e) information about VET student loans, including that: (i) it is a loan from the Commonwealth; and (ii) the loan will remain a personal debt until it is repaid to the Commonwealth; and (iii) the loan may, until the debt is repaid, reduce a student’s take‑home (after‑tax) wage or salary and may reduce the student’s borrowing capacity; and (iv) a student may wish to seek independent financial advice before applying for a loan; (f) the criteria for being an eligible student for a VET student loan; (g) the application process for a VET student loan; (h) an explanation that the student may be required during the course to communicate his or her agreement that the Secretary continue to use the VET student loan to pay tuition fees for the course; (i) the maximum amount of a VET student loan that may be available for the course under section 8 of the Act (not taking into account the effect of paragraph (b) of that section), and an explanation that the amount of the loan cannot be greater than the student’s remaining HELP balance; (j) the amount of VETSL debt the student would accrue if the student received the maximum amount of VET student loan for the course (the debt could be up to 120% of the loan); (k) an explanation that the tuition fees will be reasonably apportioned across a specified number of sequential fee periods and that each fee period will contain at least one census day; (l) information about census days, including: (i) the meaning of a census day (in accordance with the definition of census day in the Act); and (ii) that a student may cancel the student’s enrolment in the course or part of the course using the provider’s procedure for withdrawal; and (iii) if a student withdraws before the census day for a course or part of a course, the student will not incur a VETSL debt for the course or part of the course and will receive a refund for any tuition fees already paid for the course or part of the course; (m) how to access the following on the approved course provider’s website: (i) the tuition fees for the course; (ii) the census days for the course; (iii) the provider’s procedures for withdrawal from the course and cancellation of enrolment; (iv) other procedures the provider is required to have by this instrument. (n) advice that it is important for an enrolled student to notify the provider of any change of contact details.