VET Student Loans is a an Australian Government loan scheme enabling you to defer part or all of your tuition fees, and re-pay them via the Australian taxation system once your income reaches a certain threshold.
Our Comparison Rate reflects the per-hour cost of a student who has chosen to pay their course fees upfront and in full, prior to their course start date.
These students will receive a 10% credit of total course fees, applied to their Soar Reward Program for use towards additional flight lessons. The Comparison Rate factors in this 10% credit that will be applied.
For example, an upfront course payment of $20,000.00 will accrue a 10% credit of $2000.00.