We understand that sometimes unplanned living expenses can pop up. To help, we may provide an interest-free Student loan to UTS students. Please note these loans are not available for assistance with uni fees.
Who can apply?
You may apply for the UTS interest-free loan if you are:
- Currently enrolled in an award course and are able to repay the loan in the agreed time
- Not on leave of absence or facing exclusion.
- Non-award and INSEARCH students are not eligible for loans
To receive a student loan, applicants must demonstrate a genuine need to borrow money related to their studies.
- Student loans are available for bills, rent, one-off living expenses, emergency costs, course-related costs (excluding tuition fees) and other costs, such as medical bills.
- Interest is not charged.
How to apply
- Complete the online application form. If the link doesn't open properly, please copy and paste it into your browser.
- Make an appointment for an interview with a Financial Assistance Officer.
- Complete the loan form online prior to your interview
- Bring your student card, bank details and supporting documents* to the interview.
Most applicants are informed at the interview if their application is successful or not
Please consider the following support documents when applying for the loan:
- For expenses: Documents which confirm your need for a student loan; these may include bills, overdue bills and/or notifications of utility debt, proof of rent or bond owing; quotes for other requirements (such as computer repairs; required technology and gadgets etc), or dental procedures and other medical specialist costs
- For income: Documents which confirm your income, such as an income statement or payslips, and Centrelink payments
- For the loan assessment: Please bring access (log-ons) to your online bank accounts when attending your loan application appointment. This is a requirement for the assessment of your loan request.
Repayments and loan extensions
Planning your loan repayment schedule
- Repayment details are arranged with you during the loan assessment appointment. All loans must be repaid by the date agreed upon in the Student Loan Contract
- Should you be unable to meet the repayment dates, you must contact us to negotiate an extension on the payment period
- All loans are legally binding.
If due to unforeseen circumstances, you are unable to make a repayment, you must make an appointment with a financial assistance officer to discuss your situation. Please take a completed loan extension form (PDF 29kB, 1page) with you to your appointment.
You will not be able to re-enroll unless your repayments are up-to-date, or extensions have been granted.
If you default on your loan the University can::
- block your access to UTS Computer systems
- withhold your results
- refuse re-enrolment for the next semester
- not allow you to graduate.