Program · Outcome 2: Promote growth in economic productivity and social wellbeing through access to quality skills and training
Program 2.2: VET Student Loans
The program aims to remove the up-front cost barriers to training to increase access and participation. This is achieved through the provision of income-contingent loans for students undertaking certain higher level vocational education and training (VET) courses.
Department of Employment and Workplace Relations, 2026-27 Portfolio Budget Statements, PDF page 49 reported
$118m
2026-27 Budget estimate
−$1.2bn (−90.8%) on 2025-26 estimated actual
Traced to named suppliers and grant recipients
AusTender and GrantConnect record the agency, not the program, so contracts and grants are shown on the entity page.
Published lines
Each row is one line of the program’s expense table in the 2026-27 Portfolio Budget Statements – Program Expense Line Items, as published.
| Line | Kind | 2025-26 estimated actual |
2026-27 Budget estimate |
Change | Treatment | Source |
|---|---|---|---|---|---|---|
| VET Student Loans | administered | $1.3bn | $115m | −$1.2bn −91.0% | reported | Table 2.2.1, row 451 |
| VSL Tuition Protection Fund Special Account | administered | $3.9m | $3.4m | −$421k −10.9% | reported | Table 2.2.1, row 452 |