Settlement Guide: 5 loans to assist students

In Australia, 90 per cent of eligible students take up a loan to pay for university study. The federal government administers different loans schemes to assist students with their fees.

Source: Pixabay/Public Domain

The Higher Education Loan Programme (HELP) consists of five loan schemes:

1. HECS-HELP is a loan scheme to help eligible Commonwealth supported students to pay their student contribution amounts through a loan.

Source: aus.gov.jpg

2. FEE-HELP is a loan to help eligible fee paying students to pay their tuition fees.

Source: Jason James CC BY 2.1

3. SA-HELP is a loan that assists eligible students to pay for all or part of their student services and amenities fee.

Source: AAP

4. OS-HELP is a loan to help eligible Commonwealth supported students pay their overseas study expenses.

Source: AAP

5. VET FEE-HELP is a loan to help eligible students enrolled in higher-level vocational education and training courses at approved VET providers to pay their tuition fees.

Source: AAP

For more information about student loan schemes visit:  http://studyassist.gov.au/sites/studyassist/helppayingmyfees

 For more information about Australia's universities visit:www.universitiesaustralia.edu.au

Video :  http://studyassist.gov.au/sites/studyassist/helpfulresources/pages/help-videos