Once enrolled but prior to your first census day for your course, New York Film Academy Australia will provide you with a Statement of Covered Fees confirming that your enrolment has been accepted and the amounts of the course tuition fees that will, and will not, be covered under a VET Student Loan.
In addition to the Statement of Covered Fees, you will receive a VET Student Loan Fee Notice at least 14 days before census day that will show you the amount of tuition fees that will, and will not, be covered under a VET Student Loan for that particular fee period.
If you withdraw your enrolment on or before the census day, you will not incur the tuition fees for that fee period. This applies to fees covered by the VET Student Loan and any gap or upfront fees paid for that fee period.
After the census day has passed and you have submitted your Commonwealth Assistance Form (eCAF), New York Film Academy Australia will send you a Commonwealth Assistance Notice (CAN) that provides you with further information about your debt. If you believe your CAN is incorrect, you should contact New York Film Academy Australia immediately.
In addition, a 20 percent loan fee applies to VET Student Loans for full fee paying or fee for service students. The good news is you don’t have to pay the loan fee upfront; it will be added to your VET Student Loan.
Terms and conditions Applying for a course does not guarantee you a place in that course. Your place is only guaranteed once you enrol into units.Continue reading