Higher Education Support Act 2003
Part 5-1 deals generally with payments by the Commonwealth under this Act.SECTION 124-1 Amounts of OS-HELP assistance are lent to students 124-1(1)
If a student is entitled to an amount of *OS-HELP assistance for a period of 6 months, the Commonwealth must, as a benefit to the student, lend to the student the amount of OS-HELP assistance. 124-1(2)
The higher education provider that selected the student for receipt of *OS-HELP assistance in relation to the period must, on the Commonwealth's behalf, pay to the student the amount lent. 124-1(2A)
The OS-HELP Guidelines may provide that a student who is entitled to a *supplementary amount for Asian language study may be paid:
(a) an amount for that language study; and
(b) an amount for the overseas study;
at different times determined in accordance with those guidelines.
If a student is paid amounts at different times as mentioned in subsection (2A), each amount is taken to be a separate loan for the purposes of section 137-15 (OS-HELP debts).
The Commonwealth must make payments to the higher education provider on account of amounts the provider pays under this section on the Commonwealth's behalf.
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