As Australia’s first, bespoke student loan provider, we aim to provide students with flexible payment options that offer you a more effective way to pay for your Masters. The SL Masters loan allows you to drawdown on funds as you need them, and simply pay for what you use. There is no charge on the available funds if they are unused. This means; lower repayments whilst you study that only increase as you drawdown the loan.
Remember too, that through the FEE-HELP scheme the more you earn, the faster you are required to repay the debt. A Study Loan gives you the flexibility to extend this period.
Of course, we advocate that you seek independent advice as individual circumstances may differ. However, for your job-related training, you can offset the cost of the course, the interest on the course loan and associated expenses, such as related travel, books and home office against your pre-tax income.
Enter the details of your course below to gain an understanding of the repayment amounts, interest rates and our responsible lending method works.
Information provided is intended to be indicative only. Interest rates, loan terms and other associated variables are to finalised upon application.
Interest rates range from a minimum of 9.75% to a maximum of 14.5% p.a. These rates are correct as at 1 September 2018 and subject to change at any time. The actual interest rate applicable to your loan will depend on your personal circumstances and will be confirmed as part of your loan approval. All applications are subject to Study Loans normal credit assessment and loan suitability criteria. Terms, conditions, fees and charges apply if you activate your loan.