Being committed to a fair and transparent process for charging, protecting and refunding course and related fees means your RTO can establish a long-term presence in the VET sector as a provider of quality training and assessment services.
Careful, responsible and hands-on financial management, and implementing financial safeguards for fees, charges and subsidies received from all students and training service clients will guarantee your RTOs financial integrity.
This pack, when implemented, will support your RTO to align to the revised Standards for RTO's planned for 2025, specifically, clauses 4.3 and the Compliance Requirements.
View more from our New RTO Quality Management System.
QMS 2025 Financial Management Policy Pack
File Format
Word documents - fully editable and customisable to your brand.
This pack contains:
- Financial Management POLICY PROCEDURE
- Fee and Refunds POLICY PROCEDURE
- Refund Request FORM
- FREE - Financial Viability Risk Assessment Tool (From ASQA)
Aligns to the Standards for RTOs planned for 2025
Can be easily reverted to meet the current requirements of the Standards for RTOs 2015.
Policy Pack Implementation Support
To support the implementation of this pack within your RTO, view our QMS Essential Series - our collection of short, impactful online courses designed to equip RTO staff with practical knowledge on key compliance components of the Standards for RTOs.