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Loans
If you require an urgent loan payment, please submit an application for a Short Term Loan below.
1. UTS short-term student loans
- These loans are capped at $3,000
- Open to all students, local and international, currently enrolled in an award course at UTS, who are experiencing short-term cash flow problems may be eligible for an interest-free student loan. Currently enrolled and not 'potentially complete' or within 10 weeks of completing your degree, unless pre-approved by Financial Assistance
- Applicants may apply through the Financial Assistance Service and must meet eligibility criteria.
- Repayments may be deferred for up-to 3 months and scheduled over a further 12 month period BUT must be fully repaid before you complete your course.
Beware of SCAMS which may offer to repay your loan at a discounted rate.
Learn more: short-term loans
2. Government HELP loans
- The Government administers five Higher Education Loan Program (HELP) loan schemes [opens external site] to assist local students with their tuition fees.
- A newly introduced 'combined HELP loan' structure for domestic tuition fees will limit how much HECS-HELP you can borrow over the life-span of your tertiary education. The new 'combined HELP loan limit' replaced the end-of-cycle-2018 FEE-HELP limit, and, will include FEE-HELP, VET Student Loans, VET FEE-HELP and HECS-HELP Loans. The 'combined HELP loan limit' is a cap, limiting the amount of HELP an individual can borrow.
- For 2024, the combined HELP loan limit will be $121,844 for most students. (Available HELP funds for medicine, dentistry, vet science maximise at $174,998 in 2024). Current year HELP loan limits.
- There are new requirements for ongoing eligibility from January 2022 (opens external site).
Examples:
- The Student Learning Entitlement (opens external site) will give students 7 years of full-time subsidised study in Commonwealth Supported Places; and
- You are required to meet the minimum Completion Rate (opens external site), which is when you have a fail rate of more than 50 per cent of the units of study you have attempted, after you have attempted eight or more units of study in a bachelor level or higher course (or four or more units in a higher education course lower than a bachelor course).
- The right loan for you will depend on your course of study, eligibility and additional factors. These loans include the HECS HELP, FEE-HELP, SA HELP and the OS-HELP for local university students studying both in Australia and abroad.
- New Zealand citizens who are holders of SC Visas may be eligible for the HELP loan(s) from 1 January 2016. For details: http://studyassist.gov.au/sites/studyassist/helpfulresources/pages/faqs-nz [opens external site]
- See also fees and payment for additional information.
3. External loans
- If you need to borrow a larger amount, you may wish to seek a loan from a financial institution.
- Mozo (opens an external site) offers a comparison of loans currently advertised on the market. Just remember to check the interest rates and repayment arrangements carefully.
Supporting Study portal
Your go-to for support options, study resources, fun stuff and general help with being a student at UTS.