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Any student visa, regardless of assessment levels can have a no further stay condition. The No Further Stay condition placed on student visas is typically condition 8534. Condition 8534 means that the visa holder cannot apply for another visa except, a further student visa with permission to work, a protection visa or Graduate Skilled Visa. You may be able to apply to have this condition waived. But you will need to have a really good reason. You must demonstrate to the Minister that: since you were granted the visa, compelling and compassionate circumstances have developed:
I. Over which you had no control and
ii. That resulted in a major change to the persons circumstances
Compelling circumstances are generally those that are involuntary and the visa holder has no alternative but to seek to extend their stay in Australia. The Department of Immigrations website states that under policy these situations that WOULD Note regarded as beyond the control of the visa holder for the purposes of the waiver provisions:
Marriage to (or commencing a de factor partner relationship with) an Australian citizen or permanent resident
Pregnancy (women who become pregnant while in Australia would generally need to have evidence they are unable to leave Australia). Failure to complete a course due to failing a subject.