Commonwealth Consolidated Acts

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HIGHER EDUCATION SUPPORT ACT 2003 - SECT 124.1

Amounts of OS - HELP assistance are lent to students

  (1)   If a student is entitled to an amount of * OS - HELP assistance for a period of 6 months, the Commonwealth must, as a benefit to the student, lend to the student the amount of OS - HELP assistance.

  (2)   The higher education provider that selected the student for receipt of * OS - HELP assistance in relation to the period must, on the Commonwealth's behalf, pay to the student the amount lent.

  (2A)   The OS - HELP Guidelines may provide that a student who is entitled to a * supplementary amount for Asian language study may be paid:

  (a)   an amount for that language study; and

  (b)   an amount for the overseas study;

at different times determined in accordance with those guidelines.

  (2B)   If a student is paid amounts at different times as mentioned in subsection   (2A), each amount is taken to be a separate loan for the purposes of section   137 - 15 (OS - HELP debts).

  (3)   The Commonwealth must make payments to the higher education provider on account of amounts the provider pays under this section on the Commonwealth's behalf.



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