We will let you know the outcome of your application by email. If successful, you will need to accept your offer and confirm your bank details straight away.
The money will then be paid into your nominated bank account within 10 working days from the time you accept the offer.
If your plans or circumstances change before you receive the funds, we may withdraw the offer.
Once you have received money from us, the debt has been incurred. It can only be repaid through the Australian Taxation Office, in the same way that you repay your student contribution through the Higher Education Contribution Scheme.
Any loan that you take out through the government’s Higher Education Loan Program (HELP) will contribute towards your accumulated HELP debt.