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

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

1. HECS-HELP

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

Source: aus.gov

2.FEE-HELP

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

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

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

Source: Courtesy of Sorbonne

5.VET FEE-HELP

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 head to the Study Assist website.

For more information about universities, head to Universities Australia.