Student loans of up to $2000 are available throughout the year and will need to be repaid within 12 months or before you graduate.
The terms of repayment will be agreed upon when your loan is approved and you will sign a legal document agreeing to these conditions.
If you aren’t able to begin repayments until the end of your studies, there are some loan options for students enrolled in an eligible course where your repayments commence after you graduate.
These loans are available for up to $2000 each year to eligible undergraduate students enrolled in a limited range of faculties. These loans can be repaid in the first or possibly second year after you have graduated.
The loan can’t be used for the cost of overseas placements.
You are eligible to apply for a loan if you are:
For students enrolled in the Sydney School of Health Sciences, Sydney Dental School, Sydney Medical School, Sydney Pharmacy School or Sydney School of Veterinary Science.
You also need to be:
To be considered for financial support, you need to provide the following supporting documents with your application.
You don’t need to provide your academic transcript.
You cannot update your application after you submit it.
Your personal statement needs to advise that you would like to be considered for an interest-free loan. You must be able to demonstrate that you have the capacity to repay the loan according to the repayment terms.
This needs to be a single Microsoft Word document.
All bank account statements need to be in PDF format and contain:
Screenshots, photos or CSV files of bank statements will not be accepted.
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Complete the online application and upload your supporting documents in Sydney Student > My finance > Scholarships, prizes, bursaries and loans > Apply for financial support.
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If you are deemed eligible for an interest-free loan, you will be contacted by Financial Support staff to schedule a telephone appointment. During your appointment, you will agree on a repayment schedule. This will set out the dates for your repayments.
Once your loan has been approved and you have signed your Loan Agreement and Repayment Schedule, the terms of your loan and repayment are legally binding.
Your loan will be paid into your nominated bank account within four to 10 working days. Make sure your bank details are correct in Sydney Student > My finance > Your finances > Bank details.
If you're in need of immediate assistance, let us know when you make your appointment.
You can make a payment using BPAY.
Go to the ePay website and follow the prompts. Make sure you have your MasterCard or Visa details and your monthly Student Loan Statement available.
If you can’t make a repayment, you will need to arrange an extension before the due date of your repayment.
If you do not make your repayment by the due date, and have not contacted Financial Support to arrange an extension, a suppression will be placed on your Sydney Student account, restricting access to your academic results. This will happen 30 days after your due date if payment has not been received.
Any suppression applied will only be lifted once you have paid all outstanding repayments.
You will not be able to graduate until your loan is repaid.
To apply for an extension, you must be currently enrolled and submit your application before your payment due date.
You can apply for an extension through Sydney Student > My finance > Scholarships, prizes, bursaries and loans > Apply for loan extension.
Financial Support staff will contact you within four to seven days with the outcome of your application.
Contact us through the financial support enquiry form for further advice. Please do this as soon as possible to avoid having further sanctions applied.
If payment of your student loan becomes substantially overdue, further sanctions will be applied according to the University Student Debtors Sanctions Policy.
