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Your reporting obligations when a default occurs
You have reporting obligations if you default in relation to a student.
You must lodge reports using the Provider Registration and International Student Management System (PRISMS), and provide:
- detailed information about each overseas student affected by the default
- evidence that you have provided students with tuition assurance or refunds.
You must give notices of provider default within three business days of the default occurring.
You are required to notify every affected student as soon as practicable after the default.
You are required to produce notices demonstrating the outcome of your obligations following a provider default.
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