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Pay later broker education scheme launched

by Staff Reporter7 minute read
The Adviser

A leading training company has made it easier for brokers to learn on the job.

Intellitrain has released a program that assists brokers to acquire training without having to pay any upfront fees. Similar to the university HECS, or FEE-Help system, where students pay back the cost of their education once they are employed and earning over a certain amount, Intellitrain will offer brokers a VET Fee-Help system.

According to Byron Gray, general manager of Intellitrain, this system is a first in the broking industry.

“VET Fee-Help is similar to the University FEE-Help system, also known as HECS. One of the advantages of this program is that unlike most other government funding, there’s no restrictions on your prior level of education – so even if you have an MBA you may still be eligible,” Mr Gray said.

“This is one of the biggest breakthroughs we’ve ever seen in education for the broking sector – brokers can now get the required qualifications and start writing new business with no upfront fees, which is often a huge barrier.”

As well as eliminating the upfront costs, Intellitrain’s new programs include a mentoring aspect, which helps the broker to determine the best way to implement the new service offerings into their business.

To help brokers gain a better understanding of how VET Fee-Help funding works and to outline some of the key aspects of the new programs, Intellitrain are running a series of webinars. The first will be at lunchtime on Tuesday 15 October.

To register for the webinar, contact Intellitrain on 1300 735 082.

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