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Settlement Guide: How to pay for University?

AAP

AAP Source: AAP

In Australia, 90 per cent of eligible students take up a loan to pay for university study.


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Updated

By Ildiko Dauda

Presented by Euna Cho

Source: SBS




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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.

A Commonwealth supported place is a University place that is subsidised by the federal government.

The Higher Education Loan Programme (HELP) consists of five loan schemes: HECS-HELP, FEE-HELP, OS-HELP, SA-HELP and VET FEE-HELP.

All Australian permanent residents and citizens can have a CSP but only citizens are allowed to take out a HELP loan.

 


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