What this determination covers

The federal government has made a new legislative instrument - the VET Student Loans (VSL Tuition Protection Levy) (Risk Rated Premium and Special Tuition Protection Components) Determination 2025 - under the VET Student Loans (VSL Tuition Protection Levy) Act 2020. The determination sets out how two components of the VSL tuition protection levy are calculated: the risk-rated premium component and the special tuition protection component.

Risk factors covered

The determination covers risk factors that feed into the levy calculation, including:

Dates and duration

The determination commenced on 28 July 2025 and runs until 31 July 2026.

Previous determination repealed

The equivalent 2024 determination has been repealed. This 2025 determination replaces it.

Administration

This determination is administered by the Department of Employment and Workplace Relations.

Key actions

This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.