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Low-interest education loans to support your next big leap

Carve a path toward your dream career with a Handy Finance Education Loan that can help you cover tuition, textbooks and other expenses over the duration of your course.

$2-75k Loan Amounts

$0 Monthly Fees

$0 Early Repayment Fees

1-7 yrs Flexible Loan Terms

The Process

3 quick and easy steps to securing your loan

Get a Free Quote

Obtain an indicative rate quote in minutes, without impacting your credit score!

Apply in Minutes

If you’re happy with your Quick Quote, you can finalise the application online. No printing. No paper. No fuss.

Get Your Funds

You will receive an indicative decision in seconds. Once approved funds should be in your account within 24 hours

Get a quote
Get a Free Quote icon
Get a Free Quote icon
Get a Free Quote icon

Get a Free Quote

Obtain an indicative rate quote in minutes, without impacting your credit score!

Review
Apply in Minutes icon
Apply in Minutes icon
Apply in Minutes icon

Apply in Minutes

If you’re happy with your Quick Quote, you can finalise the application online. No printing. No paper. No fuss.

Get funds
Get Your Funds icon
Get Your Funds icon
Get Your Funds icon

Get Your Funds

You will receive an indicative decision in seconds. Once approved funds should be in your account within 24 hours

Education loans calculator

Estimate your education loan repayments so that you can further your studies with confidence.

Calculator
Calculator
$25000
4 Years
Select repayments type
Your Repayments From
$254.85
per week
This will not impact your credit score
Indicative Rate From
6.57%
Comparison Rate From
7.19%
The interest rate and repayment amount are estimates only and are based on the information you have provided. Your actual interest rate and repayment amount may be different. Terms and conditions, fees and charges and eligibility and lending criteria apply.
Fund
The interest rate and repayment amount are estimates only and are based on the information you have provided. Your actual interest rate and repayment amount may be different. Terms and conditions, fees and charges and eligibility and lending criteria apply.
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Education loans to kickstart your future

Choose your own path with education loans from Handy Finance. From private schooling to your PhD, learn your way.

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A quote won’t impact your credit score

Frequently Asked Questions

Loan Amount and Repayment

Applying for an education loan with Handy Finance is simple – we’ve worked hard to make the process as seamless as possible! 

Before you start, ensure you’ve gathered any relevant documents for your application – bank statements and proof of identity. Submit your application online via the Handy Finance website. Our loan experts will receive your application and deliver an indicative result within minutes. This will give you an indication of the final loan amount and the repayment terms of the loan. Your funds will be settled within 24 hours if your application is approved. 

There is a minimum amount you need to earn before you can apply for one of our education loans. Handy Finance requires your minimum income to be $25,000 after tax. This can include a combination of regular income and any relevant Centrelink benefits. 

 You need to be employed (or self-employed) when applying for your education loan and be able to submit bank statements to prove this in your application.

As long as you meet the eligibility criteria for an education loan – over 18 years of age, currently employed, an Australian citizen or permanent resident – you can apply for an amount from $2,001 up to the largest sum we offer, $75,000. However, how much you are approved to borrow will always depend on your financial situation and credit rating.

We offer secured and unsecured education loans at Handy Finance. Secured education loans require collateral (for example, a car) to secure the loan. This gives your lender some security against the loan. You’ll find that you benefit from lower interest rates and larger borrowing limits. Unsecured education loans don’t require collateral – which may result in slightly higher interest rates and borrowing limits when compared with a secured option. When it comes to an education loan, there is no right or wrong answer. If you’d like more information about the secured and unsecured education loans we offer at Handy Finance, call our team today.

You can. We understand that financial circumstances can change, so we allow you to adjust the frequency of your weekly, fortnightly and monthly repayments as needed. If you’d like to change the frequency, speak to a Handy Finance loan expert. They can make the required adjustments so you can repay at the pace that is best for you. 

Handy Finance also has a $0 early repayment fee – so if your circumstances change and you can pay off your loan sooner, you won’t be penalised.

Repayments on Handy Finance Education Loans can be made weekly, fortnightly or monthly. You must use direct debit for all scheduled repayments. To make repayments ahead of schedule, log into your borrower dashboard and do so using BPAY.

Your repayments for an education loan with Handy Finance will depend on the loan amount, the interest rate, and the repayment term. We can’t advise you of your exact repayments without going through the loan application process. However, you can use the Handy Finance Personal Loan calculator to determine your borrowing power.
Input a loan amount, terms, repayment frequency, and credit rating. Based on these factors, the calculator will provide an estimated sum for your repayments and an estimated interest rate and comparison rate. Adjusting each of those inputs will give you a different picture of your overall repayments and terms.

Once your loan application has been approved and you know your final repayments, you can be assured they won’t change. Handy Finance offers fixed-rate education loans. With the interest rate fixed, you’ll be repaying the same amount over the lifetime of your loan, regardless of what the market might do. You’ll pay the same amount each week, fortnight or month over the term of your loan, which can be between one and seven years. While your loan term is set at the beginning of the loan, you can adjust the frequency of your repayments and pay off your loan early without worrying about any extra fees. We aim to make repayments manageable, fitting them into your lifestyle and budget without any strain.

Application and Approval

It’s all about a fast and efficient loan application and approval process at Handy Finance. You can apply online and have an indicative decision on your application within minutes. If your education loan application is approved, the funds will be in your account within 24 hours.

Loan Terms and Interest Rate

Fixed-rate loans are completely transparent from day one – because the rate doesn’t change, you know exactly how much you will be repaying and how often for the entirety of your loan.

Handy Finance will offer you an interest rate based on your personal credit history and situation. You can find your personalised rate in just a few minutes with our free quote. Remember: this rate is just an estimate, and it won’t affect your credit score.

Handy Finance Education Loans come with competitive rates and flexible terms. We understand everyone’s financial situation is different, so we offer terms that can be adjusted to suit your lifestyle. Our loans can be repaid weekly, fortnightly or monthly over one to seven years. Rates are always fixed and customised to your personal financial circumstances, ensuring you get the benefits of a loan without overextending.

Traditional bank lenders tend to have higher operating costs, resulting in higher rates. Handy Finance keeps rates low by keeping operating costs down and remaining focused on our mission – allowing people to live life to the fullest.

Additional Information

Fast and fair finance – that’s the Handy Finance motto and a significant benefit of applying for an education loan through us. Our loans are tailored based on your specific circumstances, so you’re only borrowing and repaying what you can afford. Some other benefits? With the financial support of an education loan, you’re free to focus on your studies rather than worry about finding extra money each month to pay fees. Lastly, taking out an education loan will help strengthen your credit score. Making your repayments on time and paying off the loan off schedule shows other lenders you’re a responsible borrower. This can result in better interest rates for any future loans you apply for.

What you see in your personalised quote is what you get with a Handy Finance Education Loan. There are no hidden costs or fees to worry about. From set up, we’ll ensure you know exactly what you need to pay and when.

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Have questions? Handy Finance can help

For more information about loans with Handy Finance, check out our helpful resources, get in contact with our team on 1300 990 115 or complete our online enquiry form.

Get a quote for your education loan today

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A quote won’t impact your credit score