Gillard is looking forward to introduce TAFE fees loans for the students, so that they are able to cope with the high living standards of the country.
Prime Minister Julia Gillard is in favor of encouraging TAFE fees loans for the foreign students aspiring to study in the country but they have to face certain difficulties due to high cost of living.
Need for this Step:
With a view of helping students to cope with such stressful situations due to high living standards, Gillard is pushing such loans through HECS styles loan schemes for university students in Australia. Through this step the government is meant to ask the blue collar families, the voters and also the students to cooperate with the government policies to deal with the situations.
HECS Style Loans:
As per the proposal, the government is planning to give loans for TAFE diploma and other advance courses covered under this category which generally cost them around $2200 as per the present structure. The government is recommending the voucher scheme for the payment mode at the initial level of the courses that will ensure the students are eligible for Certificate III courses with a grant maximum to $7800.
Further according to the proposal it made sure that the students registering under the TAFE diploma or the advanced diploma courses would not be burdened to pay the set present fees.
The proposal further suggests that the students admitted under the ongoing initial level courses for the subjects related to the aged care, child care, trade apprenticeships, transport and the construction will be directly granted subsidies issued to them rather than getting it via TAFE educational institute.
It will also see that there is a system to maintain transparency regarding fees structure and the other charges that has to be paid by recommending a website called ‘My Skills’ from the year 2012. This will function in the similar manner as already established websites like My Schools and My University.
Exception to the above proposals such loans idea would not be covering all the courses covered under TAFE.
Strategy’s Effect:
The strategy will definitely help to improve the situation. It is expected that imposition of the loan plan will help in lowering the training cost for the high number of students studying various courses under accountancy, aged care, hair dressing and other.
As per the above step, the TAFE students are not required to pay back the loan approved unless they are able to secure a job or are able to earn $47,000 each year.