Video: 2017 Changes from VET FEE-HELP to VET Student Loans and eCAFs (36:21)

 

This webinar details the changes to facilitate the change of VET FEE-HELP to VET Student Loans.

  1. Rename of VET FEE-HELP to VET Student Loans.
    • VET FEE-HELP has been renamed to VET Student Loans. The "Invoice Notice" has also been renamed to "Fee Notice".
  2. Separate VCC and VCU exports
    •  The VET Student Loans Exporter now allows the VCC and VCU exports to be performed individually.
  3. Opt-in to continue old VET FEE-HELP loan.
    • In the Client Course of Study wizard, you can indicate whether it is a VET FEE-HELP loan, and if so, whether the student has opted-in to continue the VET FEE-HELP loan and on what date. All existing courses of study commencing prior to 2017 have been set as being a VET FEE-HELP loan. In the VET Student Loans Exporter wizard, you can choose to include or exclude records based on this new field.
  4. New completion date fields. 
    • New completion date fields have been added to courses of study and units of study. These are used in the VET Student Loans Exporter wizard to support the requirement for more frequent exports.
  5. eCAF integration. 
    • VETtrak can now integrate with the new Government eCAF (Electronic Commonwealth Assistance Form) system. This must be used for all VET Student Loans from 2017.
  6. Course of study loan cap.
    • A new "Applicable loan cap" field has been added to the Course of Study Setup wizard. This needs to be set for each course of study you wish to upload to the eCAF system. Currently, the allowable loan caps are $5,000, $10,000 or $15,000.Campus location. A new "Campus location" field has been added to the Client Course of Study wizard. This lists locations, and is required for eCAFs. It can be applied to course of study profiles.
  7. Enrolment date.
    • A new "Enrolment date" field has been added to the Client Course of Study wizard. This is required for eCAFs, as it is used to control the cooling-off period. It can be applied to course of study profiles.
  8. eCAF upload information. 
    • A new panel in the Client Course of Study wizard indicates whether it has been uploaded to the eCAF system, and can be expanded to show additional details about the eCAF. A tickbox allows you to indicate whether the course of study is ready for bulk upload to the eCAF system.

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