VSL INFORMATION
WHAT IS THE VET STUDENT LOANS (VSL) PROGRAM?
The VET Student Loans scheme is a loan program designed to help eligible students, who could not otherwise afford to pay fees upfront, enrol at TMT and gain knowledge, attitude and skills to work in the entertainment industry as a professional makeup & hairstylist/designer from a quality, higher level Vocational Education and Training.
If you are an eligible student, the Department of Education and Training (the department) may approve your VET Student Loan for our approved courses. The department will pay your loan for your fees directly to TMT. You will be responsible for any gap amount in the tuition fees, which are not covered by the loan.
You will owe a debt to the Australian Government for the loan, which will be managed by the Australian Taxation Office.
For more information visit Department of Education, Skills and Employment
VET Student Loans are only available for Approved Course Providers and Approved Courses.
TMT is an Approved Course Provider (as of 1 January 2019).
LOAN CAPS
Eligible students are entitled to loans up to a capped amount of $16,211.00 and can be used for when apply for:
CUA51020 Diploma of Screen and Media,
CUA60620 Advanced Diploma of Screen and Media,
SHB50115 Diploma of Beauty Therapy
Students must pay a Gap Fee for the difference between the capped loan amount and the course fee.
WHAT IS A CENSUS DATE?
A census date is the last date on which a student can withdraw from a unit of study without incurring a debt for that unit of study. A student’s census date is calculated as their nominated start date plus 20% of the course duration.
REPAYMENT OF VET STUDENT LOANS
When your income reaches the repayment threshold, you will be required to start repaying your loan. The threshold can be found at www.studyassist.gov.au
VET Student Loans gives rise to a HELP debt that continues to be a debt due to the Commonwealth until its repaid.
TUITION ASSURANCE
If TMT ceases to provide a course in which you are enrolled, TMT will ensure that you are offered enrolment in a similar course of study. Alternatively, TMT will:
• Refund any upfront payment for any unit of study due to TMT ceasing to offer that course
• Re-credit your loan balance for the affected unit
• Act in accordance with the Statement of VET Tuition Assurance
WHAT DO YOU NEED TO KNOW BEFORE YOU ENROL?
• Check if you meet the eligibility and entry requirements. Be prepared to provide evidence of identification (including your Australian Birth Certificate), records of your past academic qualifications and you may be required to undertake the Language, Literacy and Numeracy assessment.
• You must have a current Tax File Number. This detail is required on your loan application form.
• Read VET Student Loans Information Book
IS THERE A LOAN FEE?
Non-State Government-subsidised students are charged a 20% loan fee. The loan fee is added to the student loan, but not included within the student’s lifetime FEE-HELP limit.
WHAT HAPPENS IF I WITHDRAW
If you are an eligible student studying a Diploma and you withdraw before the census date you will receive a 100% refund of any tuition fees you have paid upfront and will not incur a student loan debt.
If you are an eligible student studying a Diploma and withdraw after the census date you will incur a debt, unless the debt is remitted under special circumstances.
PERSONAL INFORMATION
When you enrol at TMT, the collection, storage, use and disclosure of any personal information you provide are protected by legislation.
VSL DOWNLOADS
Policies and Procedures
VSL Student Information Booklet
Student Obligations Fact Sheet
Student Progression Fact Sheet
VSL Enrolment Policy and Procedure
Students Rights and Obligations
VSL Recrediting and Review Procedures
Tuition Assurance Exemption for VSL Providers
Academic Grievance Policy & Procedure
Non-Academic Grievance Policy & Procedure
VSL Withdrawal From Course & Cancellation
VSL Fair Treatment & Equal Opportunity Policy
Schedule of Fees and Census Dates
Jan 2022 Commencement
Diploma of Screen & Media CUA51020 JAN 2022
Advanced Diploma of Screen & Media CUA60620 JAN 2022
Sep 2022 Commencement
TMT PAYMENT PLAN
TMT’ payment plan is to help students spread their course costs over the duration of their study.
The set terms of the direct debit agreements are up to the duration of the enrolment, with the option of weekly, fortnightly or monthly payments. The additional charges applying for students taking up this option, include:
- Administration (establishment) fee of $20 (non-refundable)
- Billing fee of 4.5 per cent
- Late payment fee of $20 where the payment amount is not received.
ZEEFI
Remove the financial barriers to enrolment through ZeeFi (previously known as Study Loans). ZeeFi is Australia’s first dedicated private student loan provider offering interest-free finance. They offer highly competitive rates, allowing you to borrow full or partial funding of the course cost through a responsible funding method. You simply pay-as-you-go with simple terms and conditions. The loan option is available for students as well as parents/guardians.
Visit ZEEFi today: ZEEFI
Key facts:
– ZeeFi is funding education only, they understand your needs
– Very competitive offer
– Convenient weekly, fortnightly or monthly payments
– Up to 48 months loan terms
– Loans from $2,001 to $20,000Eligibility as a student taking out the loan: Student Information
– Australian citizen or permanent resident
– Employed in a full-time, part-time or casual job
– 18 years of age or older
– Demonstrate a capacity to service the loanEligibility as a parent taking out the loan: ZeeFi FAQs
– Australian citizen or permanent resident
– Employed or self-employed
– Demonstrate a capacity to service the loan
ADDITIONAL INFORMATION
DISCLAIMER
Please note that we are unable to issue your course certificate, qualification, statement of attainment or your picture portfolio until all course fees are paid.
We do not provide finance or financial advice. The payment plan information provided on this website is general in nature only and does not constitute personal financial advice. The information accessible has been prepared without taking into account your personal objectives, financial situation or needs. Before acting on any information and enrolling into a course you should consider the appropriateness of the information having regard to your objectives, financial situation and needs
The information on this site is correct at the time of publication to the best of our knowledge. We take no responsibility for errors or omissions within the sites and provide the information as a guide only. Always contact us prior to enrolling into a course so we can ensure you have the latest information about our courses, prices and payment options.
YOUR ENROLMENT CONTRACT
When signing your Enrolment Form, you are entering into a legally binding contract. The Acceptance of Enrolment confirms that you will be entering into a legally binding contract with The Makeup Technicians Pty Ltd Trading as TMT Education RTO 40774 CRICOS 03367M DHS 2P157, and that you agree with the conditions of enrolment.
You are ultimately responsible for your rights and obligations under the enrolment contract such as course attendance, progression and the payment of course fees. If you have nominated a “sponsor” paying course fees on your behalf, you will need to ensure that your nominated sponsor is covering the course fees as they fall due. If your account is in arrears, we may attempt to communicate with your sponsor, however you are ultimately responsible for your tuition fee payment and we will always attempt to recover tution fees from you and not your sponsor.
If you are under 18, the legal responsibility will sit with your nominated legal guardian and will extend to yourself once you have turned 18.
Please don’t hesitate to contact us if you have any concerns regarding your enrolment contract or your rights and obligations. Please familiarise yourself with out policies & procedures, terms & conditions and the student handbook prior to signing your Acceptance of Enrolment.
