Commonwealth Consolidated Acts

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VET STUDENT LOANS ACT 2016 - SECT 67

When HELP balance may be re - credited

    A student's HELP balance may be re - credited under this Part only if an amount of a VET student loan has been used to pay tuition fees for the student for a course, or a part of a course.

Note 1:   If the student's HELP balance cannot be re - credited under this Part because of this provision, the Secretary may decide not to pay the loan amount for the student for the course: see section   20.

Note 2:   If a student's HELP balance is re - credited under Division   2 or 3 of this Part, the student's VETSL debt is taken to be remitted to the extent to which the debt relates to the loan amount concerned: see section   23BA. (For remission of debts incurred before 1   July 2019, see section   137 - 19 of the Higher Education Support Act 2003 ).



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