(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.