VET Student Loans - AACM

VET Student Loans (VSL) available at AACM

VSL Logo transparent

What is VET Student Loans?

VET Student Loans – or short VSL – is a loan scheme provided by the Australian Government and designed to help eligible students to pay for their tuition fees. If you are an eligible student, the guaranteed government loan will help you to make your dream to become a professional Makeup Artist come true.

Only selected quality providers are VSL approved and AACM is proud to be able to offer access to VSL from 01 January 2021 onwards. We acknowledge that tuition fees are a barrier for course entry, the ability to take out a VET Student Loan will ease the financial pressure and will enable you to focus on your studies.

Please visit the VET Student Loans webpage for more information: Information for VET Student Loans Students.

Makeup Diploma Graduates

What you need to know ...

VET Student Loans access will be available for eligible students from 01 January 2021. If you are an eligible student, you will be able to take a loan up to the approved loan cap for your selected course.

VET Student Loans is only available for our Diploma level courses, the CUA51015 Diploma of Screen and Media in Specialist Make-up Services and is for 2021 funded in Band 3. Please follow the link VET Student Loans Course Caps Indexed Amounts below to look up applicaple funding band amounts.

The VET Student Loans Information Booklet provides a summary of the key points a person applying for or receiving a VET Student Loan needs to know. You must read this booklet before applying for a VET Student Loan.

Other useful information is available on the webpage of the Department of Education, Skills and Employment and we encourage you to visit the following links.

Makeup Diploma Graduate

The following courses are approved courses from 01 January 2021 and offered at our Brisbane, Melbourne and Sydney campus and online.

On-campus: CUA51015 Diploma of Screen and Media in Specialist Makeup Services 

Online: CUA51015 Diploma of Screen and Media in Specialist Makeup Services 

Please keep in mind that taking out a VET Student Loan is creating a debt that must be repaid to the Commonwealth.

AMAB Training Services trading as The Australian Academy of Cinemagraphic Makeup, short AACM, has campuses in Brisbane, Melbourne and Sydney and is offering selected courses online. Our ABN is 21 601 280 237 and our  RTO code as Registered Training Provider is 31527.

To be an eligible student, you must meet the following criteria.

You are:

  • an Australian citizen; or
  • a qualifying New Zealand citizen*; or
  • a permanent humanitarian visa holder, who is usually resident in Australia.

Your HELP balance (the amount of your HELP loan limit you have left) is more than $0. This means you have enough HELP loan limit remaining for your proposed studies to be covered by the loan. The HELP loan limit is the limit on how much you can borrow. Any borrowing under FEE-HELP, VET FEE-HELP, VET Student Loans and, from 1 January 2020, HECS-HELP will count towards your HELP loan limit.

*A qualifying New Zealand citizen is a New Zealand citizen who meets all of the following:

  • holds a special visa category, such as the New Zealand Special Category Visa (SCV);
  • has been usually resident in Australia for at least 10 years;
  • was a dependent child when he or she was first usually resident in Australia;
  • has been in Australia for periods totalling 8 years during the previous 10 years; and
  • has been in Australia for periods totalling 18 months during the previous 2 years.

 

Please visit the MySkills webpage and check out the VSL Eligibility Tool

To be able to apply for a VET Student Loan, you must meet one of the following academic suitability requirements;

  • Provide a copy of a Senior Secondary Certificate of Education for your completion of year 12 (Australian Year 12 Certificate); OR
  • Provide a copy of a diploma that has been awarded for the completion of the International Baccalaureate Diploma Program; OR
  • Provide a copy of a successfully completed Certificate level 4 or above in the Australian Qualifications Framework and delivered in English; OR
  • Undertake under AMAB’s supervision a literacy and numeracy test using AMAB’s nominated LLN testing tool Basic Key Skills Builder (BKSB) and display competency at or above Exit Level 3 in the Australian Core Skills Framework (ACSF).

AACM may require a student to undertake a LLN test in addition to providing the required information above. This is to ensure that AMAB is satisfied that you are academically suited to undertake your Diploma course.

All VET Student Loan amounts incurred on census days from 1 April 2020 to 30 June 2021 will not incur the usual 20% loan fee. This follows the Australian Government announcement of the loan fee exemption in the Higher Education Relief Package on 12 April and further extension announcement on 30 September 2020. You will not need to do anything for the exemption to be applied. Student VET Student Loan debt records with the ATO will automatically reflect the loan fee exemption.

A 20% loan fee applies to VET Student Loans.  The loan fee does not count towards your HELP loan limit. You do not have to pay the loan fee upfront – it is added to your VET Student Loan debt at the Australian Tax Office (ATO).

For example, if you are undertaking a course that costs $5,000, and you intend to access a loan for the full cost of the course, the loan fee will be $1,000 (i.e. 20% of $5,000). So your VET Student Loan debt for that course will be the loan amount accessed ($5,000) + the loan fee ($1,000) = $6,000. You will incur the loan fee as you progress through your course on a per-unit basis – it is added to the loan amount you access for each unit.

You do not incur the loan fee if you are a student who is subsidised by a state or territory government and you are studying a diploma or advanced diploma course. If you are not sure if you are a subsidised VET student, contact us directly.

 

Please visit the MySkills webpage and check out the VET Student Loans Calculator

Course Fees and Census Dates

The tuition fees are set on a course level and are $19,200 for on-campus studies and $12,000 for online studies.

On-campus academic calendar

AACM’s on-campus calendar is based on 4 academic terms each year. Each term is 10 weeks long and students are enrolled and study selected units(s) of study each term. Depending on your enrolment as a full time or part time student and your progress through the course, you may enrol and study one or multiple unit(s) of study each term.

The Census Date is the last date you can withdraw from your course or unit(s) of study without incurring a debt for the unit(s) of study you are enrolled in. The Census Date is no later then 20% into a term and usually falls on the Wednesday of week 3.

Online academic calendar

AACM’s online calendar is based on modules. Each modules is 10 weeks long and students are enrolled and study selected units(s) of study within each module. Depending on your enrolment as a full time or part time student and your progress through the course, you may enrol and study one or multiple modules and unit(s) of study.

The Census Date is the last date you can withdraw from your module and course or unit(s) of study without incurring a debt for the module and unit(s) of study you are enrolled in. The Census Date is no later then 20% into a term and usually falls on the Monday of week 3.

The total tuition fees for the CUA51015 Diploma of Screen and Media in Specialist Make-up Services delivered on-campus are $19,200.

UoS = Unit of Study

EFTSL = Equivalent Full Time Study Load

VSL debt = Proportion of the tuition fee a VET Student Loan can be taken out

Gap Fee = Proportion of the tuition fee payable by the student

1 year of full time study load over 4 fee periods = 4 academic terms

FULL TIME
UoS Code
UoS Fee
EFTSL
VSL Debt
GAP Fee
Fee Period 1
Term 1
DSMNAFT01A
$4,800
0.250
$4,000
$800
Fee Period 2
Term 2
DSMNAFT02A
$4,800
0.250
$4,000
$800
Fee Period 3
Term 3
DSMNAFT03A
$4,800
0.250
$4,000
$800
Fee Period 4
Term 4
DSMNAFT04A
$4,800
0.250
$4,000
$800
Total
$19,200
1.000
$16,000
$3,200

The total tuition fees for the CUA51015 Diploma of Screen and Media in Specialist Make-up Services delivered on-campus are $19,200.

UoS = Unit of Study

EFTSL = Equivalent Full Time Study Load

VSL debt = Proportion of the tuition fee a VET Student Loan can be taken out

Gap Fee = Proportion of the tuition fee payable by the student

2 years of part time study load over 8 fee periods = 8 academic terms

PART TIME
UoS code
UoS Fee
EFTSL
VSL Debt
GAP Fee
Fee Period 1
Term 1
DSMNAPT01A
$2,400
0.125
$2,000
$800
Fee Period 2
Term 2
DSMNAPT02A
$2,400
0.125
$2,000
$0
Fee Period 3
Term 3
DSMNAPT03A
$2,400
0.125
$2,000
$400
Fee Period 4
Term 4
DSMNAPT04A
$2,400
0.125
$2,000
$400
Fee Period 5
Term 6
DSMNAPT05A
$2,400
0.125
$2,000
$400
Fee Period 6
Term 6
DSMNAPT06A
$2,400
0.125
$2,000
$400
Fee Period 7
Term 7
DSMNAPT07A
$2,400
0.125
$2,000
$400
Fee Period 8
Term 8
DSMNAPT08A
$2,400
0.125
$2,000
$400
Total
$19,200
1.00
$16,000
$3,200

The total tuition fees for the CUA51015 Diploma of Screen and Media in Specialist Make-up Services delivered online are $12,000.

UoS = Unit of Study

EFTSL = Equivalent Full Time Study Load

VSL debt = Proportion of the tuition fee a VET Student Loan can be taken out

Gap Fee = Proportion of the tuition fee payable by the student

2 years of part time study load over 10 fee periods = 10 academic modules

Online
UoS code
UoS Fee
EFTSL
VSL Debt
GAP Fee
Fee Period 1
Module 1
DSMNAON01A
$1,200
0.100
$1,200
$0
Fee Period 2
Module 2
DSMNAON02A
$1,200
0.100
$1,200
$0
Fee Period 3
Module 3
DSMNAON03A
$1,200
0.100
$1,200
$0
Fee Period 4
Module 4
DSMNAON04A
$1,200
0.100
$1,200
$0
Fee Period 5
Module 6
DSMNAON05A
$1,200
0.100
$1,200
$0
Fee Period 6
Module 6
DSMNAON06A
$1,200
0.100
$1,200
$0
Fee Period 7
Module 7
DSMNAON07A
$1,200
0.100
$1,200
$0
Fee Period 8
Module 8
DSMNAON08A
$1,200
0.100
$1,200
$0
Fee Period 9
Module 9
DSMNAON09A
$1,200
0.100
$1,200
$0
Fee Period 10
Module 10
DSMNAON10A
$1,200
0.100
$1,200
$0
Total
$12,000
1.00
$12,000
$0

Each on-campus Fee Period matches AACM’s academic terms with Fee Period and Term Dates being aligned. The exact days and times classes are scheduled can be found on the course page in the section “Key Dates” and days and times may change from term to term.

Each online Fee Period matches AACM’s academic modules with Fee Periods and Module Dates being aligned. Days and times for scheduled synchronous activities may change from module to module and most study activities are self paced.

On-Campus
Full time students usually study 4 terms over 1 year at a full time load. Part time students are usually studying 8 terms over 2 years at a part time load.

Academic Year 2021
Term Start Date
Term End Date
Census Date
Fee Period 1 – 2021
25/01/2021
01/04/2021
10/02/2021
Fee Period 2 – 2021
19/04/2021
25/06/2021
05/05/2021
Fee Period 3 – 2021
12/07/2021
17/09/2021
28/07/2021
Fee Period 4 – 2021
04/10/2021
10/12/2021
20/10/2021
Academic Year 2022
Term Start Date
Term End Date
Census Date
Fee Period 1 – 2022
24/01/2022
01/04/2022
09/02/2022
Fee Period 2 – 2022
18/04/2022
24/06/2022
04/05/2022
Fee Period 3 – 2022
11/07/2022
16/09/2022
27/07/2022
Fee Period 4 – 2022
03/10/2022
09/12/2022
19/10/2022

Online
Students usually study 10 modules over 2 year at a part time load.

Academic Year 2021
Module Start Date
Module End Date
Census Date
Fee Period 1 – 2021
01/02/2021
11/04/2021
15/02/2021
Fee Period 2 – 2021
TBD
TBD
TBD
Fee Period 3 – 2021
TBD
TBD
TBD
Fee Period 4 – 2021
TBD
TBD
TBD
Fee Period 5 – 2021
TBD
TBD
TBD
Fee Period 6 – 2021
TBD
TBD
TBD
Fee Period 7 – 2021
TBD
TBD
TBD
Fee Period 8 – 2021
TBD
TBD
TBD
Fee Period 9 – 2021
TBD
TBD
TBD
Fee Period 10 – 2021
TBD
TBD
TBD

Each Unit of Study (UoS) covers selected unit(s) of competency study activity and assessments.

UoS Code – Full Time
Unit of Competency included
DSMNAFT01A
CUAMUP401 – Design, apply and remove make-up
CUAMUP403 – Style hair for performances or productions
CUAPPR505 – Establish and maintain safe creative practice
DSMNAFT02A
BSBREL401 – Establish networks
CUAIND502 – Maintain and apply creative arts industry knowledge
CUAMUP402 – Maintain make-up and hair continuity
CUAMUP404 – Style wigs and hairpieces for performances or productions
DSMNAFT03A
BSBCRT501 – Originate and develop concepts
CUAMUP502 – Design and apply specialised make-up
CUAMUP503 – Design and apply special make-up effects
CUAPRP402 – Use casting and moulding techniques to make props
DSMNAFT04A
BSBDES402 – Interpret and respond to a design brief
CUAACD502 – Create observational drawings
CUAACD511 – Make moulds and casts
CUAMUP504 – Create prosthetics for special make-up effects
UoS Code – Part Time
Unit of Competency included
DSMNAPT01A
CUAMUP401 – Design, apply and remove make-up
DSMNAPT02A
CUAMUP403 – Style hair for performances or productions
CUAPPR505 – Establish and maintain safe creative practice
DSMNAPT03A
BSBREL401 – Establish networks
CUAIND502 – Maintain and apply creative arts industry knowledge
DSMNAPT04A
CUAMUP402 – Maintain make-up and hair continuity
CUAMUP404 – Style wigs and hairpieces for performances or productions
DSMNAPT05A
CUAMUP502 – Design and apply specialised make-up
CUAPRP402 – Use casting and moulding techniques to make props
DSMNAPT06A
BSBCRT501 – Originate and develop concepts
CUAMUP503 – Design and apply special make-up effects
DSMNAPT07A
CUAMUP504 – Create prosthetics for special make-up effects
DSMNAPT08A
BSBDES402 – Interpret and respond to a design brief
CUAACD502 – Create observational drawings
CUAACD511 – Make moulds and casts
UoS Code – Online
Unit of Competency included
DSMNAON01A
CUAPPR505 – Establish and maintain safe creative practice
DSMNAON02A
CUAMUP401 – Design, apply and remove make-up
DSMNAON03A
BSBMKG527 – Plan social media engagement
CUAMUP403 – Style hair for performances or productions
DSMNAON04A
CUAMUP402 – Maintain make-up and hair continuity
CUAMUP404 – Style wigs and hairpieces for performances or productions
DSMNAON05A
CUAIND402 – Provide freelance services
SHBBMUP003 – Design and apply make-up for photography
DSMNAON06A
CUAMUP502 – Design and apply specialised make-up
DSMNAON07A
BSBREL401 – Establish networks
CUAIND502 – Maintain and apply creative arts industry knowledge
DSMNAON08A
BSBDES402 – Interpret and respond to a design brief
CUAACD502 – Create observational drawings
DSMNAON09A
BSBCRT501 – Originate and develop concepts
DSMNAON10A
CUAMUP503 – Design and apply special make-up effects

Important Policies and Procedures

To make sure that links to policies are always up to date and that the latest version of policies is accessible, all our policies are in one spot.

You can access all our policies from our dedicated page:

Our Policies

Ready to start an exciting career in the makeup industry?

Contact Us

Call Us

MEL: 03 8373 9411
BNE: 07 3891 5696
SYD: 02 9190 0481