Higher Education Support Act 2003

Chapter 3 - Assistance to students  

PART 3-4 - OS-HELP ASSISTANCE  

Division 124 - How are amounts of OS-HELP assistance paid?  

Note:

Part 5-1 deals generally with payments by the Commonwealth under this Act.

SECTION 124-1   Amounts of OS-HELP assistance are lent to students  

124-1(1)    
If a student is entitled to an amount of *OS-HELP assistance for a period of 6 months, the Commonwealth must, as a benefit to the student, lend to the student the amount of OS-HELP assistance.

124-1(2)    
The higher education provider that selected the student for receipt of *OS-HELP assistance in relation to the period must, on the Commonwealth's behalf, pay to the student the amount lent.

124-1(2A)    

The OS-HELP Guidelines may provide that a student who is entitled to a *supplementary amount for Asian language study may be paid:

(a) an amount for that language study; and

(b) an amount for the overseas study;

at different times determined in accordance with those guidelines.

124-1(2B)    

If a student is paid amounts at different times as mentioned in subsection (2A), each amount is taken to be a separate loan for the purposes of section 137-15 (OS-HELP debts).

124-1(3)    
The Commonwealth must make payments to the higher education provider on account of amounts the provider pays under this section on the Commonwealth's behalf.