What this determination covers
The federal government has made the VET Student Loans (VSL Tuition Protection Levy) (Risk Rated Premium and Special Tuition Protection Components) Determination 2026. This rule sets out how the VET Student Loans (VSL) tuition protection levy is calculated for registered training organisations (RTOs).
The determination is administered by the Department of Employment and Workplace Relations under the VET Student Loans (VSL Tuition Protection Levy) Act 2020.
The full instrument is available at https://www.legislation.gov.au/F2026L00943.
Structure of the levy
The levy has two components:
- Risk-rated premium component - calculated based on each provider's financial strength, student completion rate, and compliance and registration history.
- Special tuition protection component - a separate component of the levy.
The source document does not specify the dollar amounts for the levy components or the rates applied to individual risk factors.
Commencement and replacement
This determination came into force on 13 July 2026. It replaces the equivalent 2025 determination.
Key actions
- If your RTO offers VSL-approved courses, review the new determination at https://www.legislation.gov.au/F2026L00943 to understand how the risk-rated premium is calculated based on financial strength, completion rates, and compliance history.
- Check whether levy obligations or amounts have changed from the 2025 determination, which this new rule replaces as of 13 July 2026.
- Contact the Department of Employment and Workplace Relations for questions about how this determination applies to a specific RTO.
This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.