Bill
Higher Education Support Amendment (Cost Recovery) Bill 2019
passed, as at 2019-10-28. Education portfolio.
- Sponsor
- Not recorded
- Portfolio
- Education
Recorded stages
- introduced — 2019-07-04
- second reading — 2019-07-04
- second reading — 2019-09-11
- second reading — 2019-09-11
- third reading — 2019-09-11
- introduced — 2019-09-11
- second reading — 2019-09-11
- second reading — 2019-10-14
- second reading — 2019-10-15
- second reading — 2019-10-15
- third reading — 2019-10-15
- passed — 2019-10-15
- royal assent — 2019-10-28
Divisions
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2019-07-04.
The bill would charge universities and other higher education providers for their approval to offer FEE-HELP loans.
It would introduce an application fee for new providers and an annual charge for existing providers, with amounts set by regulation.
The annual charge would vary by provider size based on yearly enrolments, and a fees schedule consistent with government cost recovery guidelines would be published before regulations take effect.
- The bill would require providers to pay an annual charge as a condition of their approval under the Higher Education Support Act 2003.
- The bill would create an application fee for prospective FEE-HELP providers to cover the costs of processing their applications.
- The bill would allow the Department of Education to collect and recover the annual charge.
Higher education providers whose students can access FEE-HELP loans, and prospective providers seeking that approval.
Sources
em
billhome
frl act