On rare occasion private training schools go out of business – or are de-accredited – and students find that their school is no longer in existence. Is this an issue to consider when deliberating over enrolling in Australian trade schools? No. The State governments guarantee that no foreign student is left high and dry if such circumstances arise.Funds that have been paid in tuition, insurance and other costs are assigned to alternate colleges and students transfer and continue their program of study without interruption. In any case, this is a rare event and State government departments of education keep a close eye on private colleges to ensure quality of service. Public universities and trade schools (called “TAFEs” in several states: institutes of “tertiary and further education”) are of course completely reliable and you are assured about your qualification.