VET Student Loans 2018 Annual Reporting Requirements.

This fact sheet outlines the obligations of providers to lodge annual forecast information as required by section 116 of the VET Student Loans Rules 2016 (the Rules).

This information will be used to determine your organisation's VET Student Loans provider fee limit for the 2019 calendar year, and also to confirm your approved courses and course fee limits, if applicable. It will also be used to confirm continued compliance with the provider suitability requirements.

The requested information is in two parts. Part 1 relates to course and student information, and must be provided using the attached spreadsheet. Part 2 relates to your organisation's academic calendar, and workplace relevance, and should be supporting documentation from your organisation as detailed below, to accompany your submission.

Part 1:

Please use the VSL Provider Annual Forecasts 2019 Form to provide data relating to your courses and students.

Part 2:

You are also required to provide the following information:

  • Your organisation's academic calendar, including the dates on which courses are expected to be provided;
  • Information about the links that your organisation has with industry and other bodies as required under section 35 of the Rules – relating to workplace relevance. The material provided should address the requirements of the Rule, which says:

    Section 35: Workplace relevance

    1. The provider must have established and maintained material, relevant and appropriate links with industry and other bodies to ensure that its approved courses:
      1. meet workplace needs; and
      2. improve employment outcomes.
    2. The other bodies include the following, as appropriate:
      1. employers;
      2. employer or employee bodies;
      3. professional associations;
      4. industry regulators;
      5. registered higher education providers.
  • the most recent results of your organisation's assessment of student satisfaction as outlined in subsection 34(2) – relating to student satisfaction. Subsection 34(2) says 'The provider must assess student satisfaction in relation to each of its courses at least annually.' You should outline your process, and provide results of assessment(s).

The information provided does not need to be lengthy. It should be relevant, and have material probative value demonstrating that the requirements have been met.

Timing:

To ensure your organisation receives a provider fee limit for the calendar year from 1 January 2019, the required data in the VSL Provider Annual Forecasts 2019 Form and the additional information must be emailed to VetLoans@employment.gov.au by no later than 31 October 2018.

If you submit your data early, and prior to 31 August 2018, the department will be in a position to advise you of your 2019 fee limit before 31 October 2018. Submissions received from 1 September 2018 and prior to 31 October 2018 will receive response in December 2018 at latest.