VET Student Loans
If you are doing a Diploma level training course or above, you may be eligible for a VET Student Loan
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Funding options for TAFE and training courses
In Victoria, Free TAFE and Skills First funding are available to eligible students to help pay for Vocational Education and Training (VET) courses.
However, if you are not eligible, VET Student Loans are another option to consider – see details below.
VET Student Loans
Diploma level courses or above
If you are doing a Diploma level VET course or above, you may be eligible for a VET Student Loan (VSL) from the Australian Government. A VSL can cover all or part of your tuition fees.
If you get a VSL, you’ll have to pay it back when you start earning above a certain amount.
Your training provider will check your eligibility for the VSL, and ask you for documents to prove that you meet the eligibility criteria.
Find out more about VSLs:
- VSL student information page(opens in a new window)
- VSL booklet(opens in a new window)
- VSL eligibility and loan calculator tools(opens in a new window).
You can also search MySkills(opens in a new window) to find out which courses are VSL approved. Scroll down to filter on ‘VET student loans’ under ‘Features’ on the left.
If your Diploma level course is not eligible for a VSL, talk to your training provider about your financial options.
Certificate level courses
If you are doing a Certificate level VET course and you are not eligible for Free TAFE or Skills First, talk to your training provider about your financial options.
For more information
For general information about VET Student Loans, Free TAFE and Skills First, contact the TAFE and Training Line.
More free help and resources
TAFE and Training Line
Get help and information about TAFE and training courses, qualifications and training providers in Victoria.
Skills and Jobs Centres
Get free qualified, independent advice and support on training, career planning and finding a job in your local area.
Get financial assistance for training and other expenses
You may be eligible for Free TAFE or Skills First funding to help pay for your training.
Training and careers in growing industries
Learn about high demand industries in Victoria. Find out where you could work, what kind of jobs you could do, and what training you’ll need.
Discover training, courses and careers
Find out about skills and training for in-demand and emerging jobs, including free resources and services.
Updated 17 June 2025
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