Study Loans is often a smarter
choice over FEE-HELP.

What is it?

FEE-HELP loans haven’t changed much since they were introduced over 30 years ago.

At Study Loans, we are committed to providing students (Australian Citizens and Permanent Residents) with a more flexible, modern way to pay for your Master’s, Postgrad or Higher Education. We do this by allowing you to drawdown funds as and when you need, meaning you repay less while you study, repay more as you earn more and only borrow what you need.

How does it work?

Find the course that’s right for you, with any Higher Education institution.

Apply for the course first and then Study Loans finance via our Higher Education page.

Funds are released, directly to the course provider, in drawdowns, as you progress through your studies.

Loan Calculator

2 years
4 years
Estimated scheduled drawdown repayment amounts
Study Loans FEE-HELP

Are you eligible?

This is a pre-qualification checklist
and is subject to suitability.

Why Study Loans?

Study Loans aims to offer competitive interest rates for students looking to take the next step with their education.
Borrow all
or part of
the cost
Study Loans can help you fund your entire course, part of your course, and/or be used in conjunction with personal funds, government, or employer funding - the choice is yours.
Study Loans uses a competency based, pay‑as‑you‑go funding method. This means that the funds for your education are only made available as you progress through your chosen studies.
terms &
Study Loans provides a flexible way of paying for education with easy to understand terms and conditions and no hidden fees.
Choose where you would like to study, apply for a Study Loan and we'll handle the invoices.

Compare the Market

Study Loans FEE-HELP
Australian Citizens Yes Yes
Permanent Residents Yes No
Flexible Repayments Yes No
Pay-as-you-go Yes No
Loan Term Choose between 1 - 7 years Fixed repayments based on your income
How Much Can I Borrow? $2001 - $50,000 $0 - $106,319*
No Early Repayment Penalties Yes Yes
Tax Deductible Yes Yes
Interest Rates Risk Based Pricing Indexation Applied
Are you ready to get started?

What you need to know

  • Application takes 10 minutes
  • No application fee
  • Get an outcome within 48 hours*
  • Borrow up to $15,000
  • Choose a loan term up to 4 years
  • Interest rate calculated on risk-based pricing
  • No fuss, paperless application
  • You will need your Medicare Card Number, Driving Licence or Passport and bank account details
Got it!
Study Loans Australia Pty Ltd (ABN 13 618 345 314) Australian credit licence 498589
whose registered office is at Level 5, 570 St Kilda Road, MELBOURNE VIC 3004.