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VET Student Loans (VSL)

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About VET Student Loans (VSL)

A VET Student Loan (VSL) is a government loan that helps students to cover tuition fees for vocational education and training (VET) courses. VSLs are only available for approved courses at the diploma level and above.

There is a limit to how much you can borrow, called the ‘loan cap’. The loan cap amount is different depending on the course you study. Some providers may offer courses that cost more than the loan cap. In these cases, students must pay the difference between the course cost and the loan cap.