Study Loans is Australia’s first private lending provider for students.
Study Loans want students to have full control over their loans and empower them to manage and track these loans effectively. That’s why Study Loans designed an easy to use loan service with simple terms, a responsible funding method and a dedicated student access portal.
Study Loans aims to offer competitive interest rates for students looking to take the next step with their education. Rates are calculated on a risk based pricing model using a rich data set that takes into account both the students’ situation and the education providers history. Read more about the Loan Calculator here.
As well as funding entire courses, Study Loans can be used to top up the difference between the total of the course cost and the amount students are borrowing from the government and other funding sources.
How does it work?
Study Loans uses a competency based, pay-as-you-go funding method. This means that the funds for education are only made available as students progress through their chosen studies. If circumstances change, students can suspend their studies and future tranche payments of the loan.
Study Loans provides a new way of paying for education with easy to understand terms and conditions. This ensures management of the student loan is simple and straightforward – no flashing lights or hidden fees! Loans are built to be very flexible.
Our Education partners are dedicated to the success of their students. They have a proven track record of course completion and compliance. The eligibility criteria is strict so students should check with their chosen course provider to see if they’re a trusted Study Loans partner.
RTO Leadership Institute RTO ID: 40682 (a division of RTO Advice Group) are a proud Study Loans partner. This makes it easier for our students to finance their education. View our courses to see if you’re eligible for a study loan.
To become an education partner, get in touch with Study Loans for more information.