Sentence:  Going to <WSD>TAFE</WSD> is a good option if you want to gain more technical skills or if you don′t get a placement at the university you wanted. <WSD>TAFE</WSD> is a great place to build up a portfolio of work in preparation for applying for university, especially in the case of some universities where a portfolio presented at interview determines whether an applicant is accepted. 
Meaning of the word marked with <WSD> tags:  Technical And Further Education.