Last night, pudding expose blew up! We were bombarded with messages and messages.
Some foreign students said they felt a bolt from the blue in the happy Christmas, and many Brisbane agents got up late at night to work overtime!
It`s all because. A famous school in Bucun closed down!
We received a story from a Chinese girl who had studied in Griffith. As a result of hanging up a little more last semester, he was temporarily kicked out of the school.
Then, as you know, you can make a transition to another school at this time. Then she was in Bucun with the help of a study agent, chose, Bucun well-known school HETC, tuition also paid, COE also down, everything is done.
But on Christmas Eve, December 24, no peace, because she received such an e-mail.?
HETC, the school she was about to enroll in, e-mailed her. Dear students, I regret to inform you that the school is bankrupt and will be closed now!
Official Xuan! HETC is about to start liquidating.
Seeing the e-mail, pudding immediately contacted him. Sure enough, it was confirmed by the internal staff. HETC, a well-known school in Brisbane, has really announced voluntary bankruptcy proceedings.
According to unconfirmed rumors and rumors circulating in the workshop, as well as one insider, who declined to be named, this is of course due to a number of reasons, but Ta feels that the main reason may be that HETC has bought too many buildings. Most likely not to go to the loan, after the school did not make money, directly stopped!
In short, you can use a hysteria to say yes.
Because in those years, when HETC became a well-known school in Bucun, the market was very good.
At that time, government offered Local student subsidy loans, and students could go to HETC for a little bit of money, because the tuition was equal to government money.
Students look for government loans, according to the rules, after graduation, students begin to work, get an annual salary of 42,000, and then start to repay the government loan.
However. Soon government found out about the big Bug! Because the young and lazy students, they will not find a job, anyway, their life of their volunteer is to eat low-cost welfare!
So they don`t earn 421 years, dragging their loans and not paying them back. As the so-called gully is hard to fill, government`s money simply cannot be filled out, resulting in a large number of problems!
As a result, Australia`s government launched reforms, greatly raising the threshold of student loans.
But at that time, the development of very good HETC, has begun to buy property, expand business.
They bought it in City, in Garden City, and then on the Gold Coast. But after a lot of loans.
Government has reformed the threshold for student loans, which has sent the Local student market plummeting. Although also good, after all, there is an international student market, and HETC may be because the boss is Chinese, they have also been targeted at Chinese students studying abroad market!?
However. These two years, perhaps because of Australia`s immigration policy tight, perhaps because of China`s economic change. Probably because there are more choices.
In short, under the general environment, the number of Chinese students has also begun to decline.
So all kinds of reasons, HETC school is really a bit difficult, finally came to the liquidation of this step!
Of course. True reasons, true hidden feelings, pudding is also unknown, can only be based on the market news speculation.
But the most immediate thing is. This allows the relevant Chinese students.
Don`t worry, please listen to pudding. If something like this happens to you, what`s the first thing to worry about?
Tuition problem
Because this is refundable. Government Australia has tuition protection. So tuition fees are regulated by the state. You just need to sign up for Tuition Protection Scheme and get your tuition back?
But at the same time, please note that tuition fees are not refundable if they have already been studied. The rest of the tuition fee can only be refunded.
What do you mean?
For example, you pay your tuition for ten weeks. I`ve been studying for seven weeks before I went out of business. Then the refund you can get is a 3-week tuition refund.
Visa problem
Transfer! As long as you find a new school and continue to study. Within 90 days, there would be no problem getting a new COE,.
Education Authentication issu
All student information, including transcripts, assessments, SOA or qualifications, is administered by the liquidator.
So students need to ask for these documents from current school administrators in order to make deductions in the new schools.
Once the school is really closed (the school is now in bankruptcy), all the information will be hosted by ASQA.
However, there is a lot of information and it may take a long time for students to get them back. But it`s not a problem!
Finally, I would like to recommend it to you. Study abroad intermediary
Alas, HETC has gone out of business! But students don`t have to worry too much! Transfer to school quickly, do not affect your visa!
