Expenses have a way of creeping up when you can least afford them. Whether it's a new laptop, a car, uni fees or even furniture to set up your new place close to uni - there may be a time when you need some financial help.
Enjoy all student life has to offer
A Deferred Repayment Loan can help you experience all that student life has to offer, without money worries holding you back. The best part is, you don't need to start repaying the loan until your studies are over.
Our student loan offers
A preferential lending rate
No application fee and no ongoing monthly service fee
The flexibility to defer payments for up to 5 years*
The option of making occasional or regular repayments to reduce interest during the deferral period
The ability to borrow from $500 up to $20,000
The option to withdraw a minimum of $500 at a time with no fees
After the end of your deferral period, the loan term is 3 years
Depending on your situation, you may need somebody to act as guarantor. This could be a parent or guardian and can be determined at the time of application.
This loan is available to full-time tertiary students at University, TAFE, Agricultural College or Registered Training Organisations.
Terms and Conditions available on application. Fees and charges are payable. Normal lending criteria apply.
* Repayments begin once you start full-time employment, or three months after you complete your full-time studies (whichever is earlier). Interest accrues from the date of drawdown.
