Second Reading Speeches

Education Legislation Amendment (Tuition Protection and Other Measures) Bill 2019

Type
Government
Portfolio
Employment, Skills, Small and Family Business
Originating house
House of Representatives
Status
Act
Parliament no
46

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Summary

Part of a package of three bills to implement a tuition protection model for students participating in the VET Student Loans program and for higher education students accessing FEE-HELP or HECS-HELP assistance at a private education provider or TAFE, the bill amends the:

VET Student Loans Act 2016
and
Higher Education Support Act 2003
to: provide for the administration of each sector by a Tuition Protection Director with specific functions; provide for each sector to be supported by a separate Tuition Protection Fund Advisory Board; require non-exempt providers to contribute annual levies, commensurate with their size and risk; establish two special accounts (the VET Student Loans Tuition Protection Fund and the HELP Tuition Protection Fund); provide assistance to students who may complete their studies with another provider or may have their loan balance re-credited for units of study commenced but not completed due to the provider’s default; and impose certain obligations on default providers and replacement providers;
VET Student Loans Act 2016
to enable the secretary to refuse to revoke an approval on request if certain compliance action is being taken; and
Education Services for Overseas Students Act 2000
to make consequential amendments.