Study Loans


Study Loans has been purpose built for students and education providers – we are the specialists in student finance.

We provide the funds for approved courses direct to the approved education provider on behalf of the student for loan amounts between $2,001 and $15,000. Our loan terms range from 6 to 48 months and we aim to provide interests rate from 12% to 16.2% p.a, based on financial and educational data.

Interest Rates

Our interest rates and fees have been set up to ensure full transparency for our vocational education and university students – no giveaways or hidden costs. This ensures students are informed from day one and there’s no surprises along the way. Fees, including a small monthly management fee of $2.50, a drawdown fee of $25 per tranche payment and a one-off establishment fee of $200, are explained in full prior to approval so all parties are aware of how much is owing and what it is for.

Interest rates are calculated on a risk based pricing model that take the students financial situation and the education providers history into consideration. Our aim is to offer competitive interest rates inline with these models, ranging from 12% to 16.2% p.a. The interest rates are variable in nature with the rate calculated daily and charged monthly on the outstanding balance of the loan.