Higher Education Support Act 2003

Schedule 1A - VET FEE-HELP Assistance Scheme  

Note:

See section 6-1 .

PART 2 - VET FEE-HELP assistance  

Division 7 - Who is entitled to VET FEE-HELP assistance  

Subdivision 7-B - Re-crediting HELP balances in relation to VET FEE-HELP assistance  

SECTION 51AA  

51AA   Re-crediting a person ' s HELP balance in relation to VET FEE-HELP debts incurred on or before 1 June 2025  

If:

(a)    clause 46 , 46A , 46AA , 47 or 51 applies to re-credit a person ' s * HELP balance in relation to the amounts of * VET FEE-HELP assistance that the person received for a * VET unit of study; and

(b)    on or before 1 June 2025, the person incurred a * VET FEE-HELP debt relating to the VET unit of study;

then, despite anything in that clause, the amount to be re-credited to the person ' s HELP balance under that clause is an amount equal to 80% of the amounts of VET FEE-HELP assistance that the person received for the VET unit of study.