VET Fee Help
Updated Feb 2013
Royal Victorian Aero Club
The Royal Victorian Aero Club has a proud history of providing professional flight training that began at its incorporation in 1926. It remains committed to the same high standards today. Our team of professional instructors is committed to providing world's best flight training.
The Royal Victorian Aero Club is an approved VET FEE-HELP provider for the following approved courses:
- Diploma of Aviation AVI50408 (Instrument Flight Operations) 1/7/2013
- Diploma of Aviation AVI50408 (Instrument Flight Operations) 2/09/2013
- Diploma of Aviation AVI50510 (Flight Instructor Rating)
- 2/7/2013
- Diploma of Aviation AVI50510 (Flight Instructor Rating) 10/9/2013
Please note: Class numbers for the Instructor rating are limited to 4 candidates per course
Campus Locations
Corner of First & Bundoora Avenues
Moorabbin Airport
Mentone VIC 3194
For further up to date information visit
http://studyassist.gov.au/sites/studyassist/helppayingmyfees/vet-fee-help/pages/vet-fee-help
VET FEE HELP ASSISTANCE
VET FEE-HELP is an extension of the Higher Education Loan Program (HELP).
The program removes financial barriers for students wishing to study higher education. VET FEE-HELP assistance allows students to defer their tuition fees through a loan with the Australian Government. Students will not have to repay the loan until they are earning above the minimum repayment threshold. For the 2012-13 income year this is $49,095
THE ROYAL VICTORIAN AERO CLUB is approved by the Department of Education, Employment and Workplace Relations (DEEWR) to offer VET FEE-HELP loans to eligible students enrolled in the Diploma of Aviation Courses.
http://www.deewr.gov.au/skills/programs/support/vetfeehelp/Pages/default.aspx
If you are eligible, you can borrow funds up to your lifetime FEE-HELP limit to help pay for all or part of your VET tuition fees. In 2013, the FEE-HELP loan limit is $93,204. It is important that you become familiar with the way the THE ROYAL VICTORIAN AERO CLUB VET FEE-HELP program works. So please take some time and read the information contained on this page as well as the links.
How much can I borrow?
Eligible students can borrow up to the FEE-HELP limit to pay their tuition fees. The FEE-HELP limit is the total amount available to eligible students under both the VET FEE-HELP and FEE-HELP loan schemes.
This means that any amount you borrow under either VET FEE-HELP or FEE-HELP will reduce your FEE-HELP balance (the amount of FEE-HELP you have left to use) until you have reached the FEE-HELP limit. For 2012, the FEE-HELP limit is $112,134 for students undertaking medicine, dentistry and veterinary science courses (as defined in the Higher Education Support Act 2003), and $89,706 for all other students including the applicants for Royal Victorian Aero Club Courses.
Note that the higher FEE-HELP limit only applies to courses that lead to initial registration to practise in those fields. The lower limit will apply to any further study you undertake once you have gained the requisite level for initial registration.
The FEE-HELP limit is a lifetime limit and is not reset or ‘topped up’ by any repayments that you make.
Is there a loan fee?
Yes, There is a loan fee of 20% for some VET FEE-HELP loans, depending on where you are studying. The loan fee does not count towards your FEE HELP limit.
You will incur a 20% loan fee if you are a full fee paying student.
You will not incur a loan fee if you are studying as a subsidised student in a reform state or territory. Currently, Victoria and South Australia (as of 1 July 2012) are the only reform states for the purposes of VET FEE-HELP.
What is my repayment schedule?
Please refer to the following link to find out about repayment schedule:
http://studyassist.gov.au/sites/studyassist/payingbackmyloan/loan-repayment/pages/loan-repayment
Who can apply for VET FEE-HELP?
To access VET FEE-HELP assistance you must be an eligible student. An eligible student (for the purpose of VET FEE-HELP) is:
a) an Australian citizen; or
b) a permanent humanitarian visa holder who will be resident in Australia for the duration of the unit of study in which they are seeking VET FEE-HELP assistance;
a full fee-paying student, or an eligible subsidised student in a Reform State or Territory, enrolled on or before the census date in an eligible unit of study through an approved VET provider and remains enrolled in the unit at the end of the census date;
meets the tax file number requirements;
has completed, signed and submitted a valid Request for VET FEE-HELP assistance form for the unit or the course of which the unit forms a part, on or before the census date; and
has not exceeded the FEE-HELP limit.
Am I eligible for VET FEE-HELP?
You are eligible for VET FEE-HELP if you:
are studying a diploma, advanced diploma, graduate certificate or graduate diploma level course (VET FEE-HELP is not available for Certificates I - IV) at an approved VET FEE-HELP provider;
are an Australian citizen or permanent humanitarian visa holder (resident in Australia for the duration of the unit);
are a full fee paying student or a subsidised student in a ‘reform state or territory’ (currently, Victoria and South Australia (as of 1 July 2012) are the only reform states for the purposes of VET FEE-HELP);
have not exceeded the FEE-HELP limit (see below); and
meet the tax file number (TFN) requirements:
• you must give your provider your valid TFN;
OR
• if you don’t have a TFN you can give your provider a Certificate of application for a TFN.
This certificate is available from the Australian Taxation Office after you have applied for a TFN.
Application
If you are eligible for VET FEE-HELP assistance and would like to obtain a VET FEE-HELP loan for your course, you should contact us to obtain a ‘Request for VET FEE-HELP assistance form’ as well as a THE ROYAL VICTORIAN AERO CLUB application form.
You must complete, sign and submit the form back to THE ROYAL VICTORIAN AERO CLUB before the due date of your unit of study as shown in the Schedule of VET Tuition Fees which declares that you have read the 2012 VET FEE-HELP information booklet and you are aware of your obligations under VET FEE-HELP.
About us
Founded by pioneer aviators in 1914 at Point Cook, the club is one of Australia's oldest flying training organisations.
The Australian Aero Club was formed on 28 October 1914 (and formally established on 9 April 1915) and was subsequently affiliated with the Royal Aero Club of Great Britain. The original hand-written minutes of this historic meeting establishing the club are preserved today.
Renamed the Victorian Aero Club in October 1934, on 13 March 1935 approval to use the “Royal” prefix was granted and since that date the institution has been known as The Royal Victorian Aero Club.
While originally formed at Point Cook, in 1919 the Club transferred operations to what was then the Commonwealth Aerodrome (or sometimes referred to as St Johns Field) on Bulla Road in Essendon. Club operations were some of the first from St John's Field, as the aerodrome was not officially opened until 1922.
THE ROYAL VICTORIAN AERO CLUB is dedicated to train pilots for a challenging and satisfying career in commercial aviation.
Royal Victorian Aero Club's former students can be found flying with airlines around the globe; Including Qantas, Virgin Blue, V Australia, Jetstar, Tiger, British Airways, Emirates, Cathay Pacific, Sri Lankan Airlines, Jet, Indigo and that’s just to name a few.
Our team of professional instructors is committed to providing world's best flight training.
The instructional team will provide the highest quality training from your first flight through to your ATPL (Airline Transport Pilots Licence)
Additional Information:
1.Schedule of VET Tuition Fees Diploma of Aviation ( Instrument Rating )
2. Schedule of VET Tuition Fees Diploma of Aviation ( Instructor Rating )
3. Statement of VET Tuition Assurance
5. Australian Tax Office (ATO)
If you have a question about VET FEE-HELP, you may find the answer by reading the student frequently asked questions.
If you have any further questions please do no hesitate to contact us.
Contact Details
Royal Victorian Aero Club
Corner of First Avenue & Bundora Pde
Moorabbin Airport
Mentone VIC 3194
Email Address: training@rvac.com.au
Phone: +61 03 8586 7777
Fax: +61 03 9587 5085
RTO 22465
