Explanatory MemorandumCirculated by authority of the Minister for Tertiary Education, Skills, Jobs and Workplace Relations, Senator the Honourable Chris Evans)
Outline and financial impact
The Bill will introduce a number of streamlining measures to the Higher Education Support Act 2003 to improve the efficiency and effectiveness, and ensure the ongoing integrity of the Government's income contingent loan programs for the higher education and vocational education and training (VET) sectors i.e. FEE-HELP and VET FEE-HELP respectively, and to ensure consistency with other Commonwealth frameworks.
There are no financial implications to this Bill.