VET programs provide an education that directly relates to getting a job. You will be assessed on your ability to do the tasks necessary for that particular job. You can do a VET course at a registered training organisation (RTO), such as a TAFE, a university or a private training provider. These courses will suit you if you enjoy learning in a practical and hands-on environment that has a clear purpose.
VET courses are typically shorter and more practical than higher education courses and have an industry and trade focus.
Victoria’s training system puts choice in the hands of students. With more than 500 RTOs (including TAFEs, Learn Locals and private providers) offering thousands of VET courses, students can choose the course, delivery mode and provider that best meets their needs.
A subsidy is the amount of money the Victorian Government pays to an RTO for training delivery for eligible students. Each RTO sets its own fees for the training it delivers. Students pay the gap between the government’s subsidy and the RTO’s fee.
Since January 2014, Victorian Government subsidised students across all training providers have paid for about 15 per cent of the costs of their training, although fees vary between courses.
RTOs are required to provide an 80 per cent discount to eligible concession cardholders. This means concession students on average contributed around 5 per cent towards the costs of their training in for the first half of 2014.
Subsidy rates differ from course to course, because some courses cost more to deliver or are in more demand from industry. For example, a mechanical engineering course – which has a high training cost to pay for specialised equipment and facilities and is a skill in demand by employers – attracts a bigger subsidy than a fitness instructor course, which has a lower training cost and there is less demand for this skills set from employers.
For more information, see How Much Does Training Cost?
For information about finding a VET option that suits you, see Victorian Skills Gateway