Medical Student Loans
Flexible medical student loans for bright futures
Investing in a medical education is a significant step toward a rewarding career, and our loans can help you manage the associated costs more comfortably.
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Interest rate from6.57%p.a.*
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Comparison rate7.51%p.a.*
Medical education loans to help you take the next step in your career
At Handy Finance, we believe in simplifying the path to a brighter future. We offer medical student loans that are flexible, affordable, and transparent, providing employed individuals with financial peace of mind.
$2-75k Loan Amounts
$0 Monthly Fees
$0 Early Repayment Fees
1-7 yrs Flexible Loan Terms
3 quick and easy steps to securing your loan
Step 1
Get a free quote
Obtain an indicative quote in minutes, without impacting your credit score!
Step 2
Apply in Minutes
If you're happy with your quote, you can finalise the application online in minutes.
Step 3
Get Your Funds
You can get an indicative decision in minutes. Once approved, funds can be settled within 24 hours.
A quote won't impact your credit score
Medical student loans calculator
Estimate what your medical student loan repayments could look like so that you can start your borrowing journey with complete transparency.
I'd like to borrow
$30,000
Over a period of
4 years
With repayments every
Estimated weekly repayments from
$
including interest and fees
Loan amount --
Total estimated interest and fees --
Principal plus interest and fees --
A quote won’t impact your credit score
Interest rate from
6.57 % p.a*
Comparison rate
7.51 % p.a*
Interest rate from
6.57
%
p.a.*
Comparison rate
7.51
%
p.a.*
The interest rate and repayment amount are estimates only, 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.
Medical student loans to support your education
Pursuing a career in medicine is a long-term investment, and Handy Finance is here to support you along the way. We offer medical student loans that can help employed individuals access flexible funding for tuition, equipment, or other study-related expenses related to medical or healthcare degrees.
A quote won’t impact your credit score
Taking the stress out of finance
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Customer service AMAZING
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Understanding medical student loans with Handy Finance
Get the information you need about medical student loans to make informed decisions about funding your education or supporting your child’s medical studies. Explore your options and take the first step toward achieving your educational and career goals with Handy Finance.
Frequently asked questions
Need help with something? Here are our most frequently asked questions.
Are there specific loan options for medical students?
Yes, Handy Finance offers tailored medical student loans designed to cover education-related expenses, including tuition, textbooks, and certification courses. These loans provide flexible repayment terms to accommodate the unique needs of medical students and their families.
How much can I borrow to cover medical school expenses?
With Handy Finance, you can borrow between $2,001 and $75,000. The exact amount available to you will depend on your application, income, and credit history.
Do these loans consider future income potential as a doctor?
At Handy Finance, loan approvals are based on your current employment or self-employment status and income. While we recognise the strong future earning potential of a medical career, our assessment focuses on your present financial situation to ensure responsible lending.
Are there repayment programs designed for medical graduates?
Repayments for a medical students can be spread over a term of one to seven years, giving you flexibility to manage your budget. You can choose to make repayments weekly, fortnightly, or monthly. There are $0 monthly fees and $0 early repayment fees, so you can pay off your loan sooner without extra costs.
What are the interest rates on medical student loans compared to others?
Interest rates on Handy Finance medical student loans start from 6.57% p.a.* (comparison rate 7.19% p.a.*). Your rate will be determined based on your application and credit history.
Can I combine a medical student loan with other financial aid?
Yes, you can use a Handy Finance medical student loan alongside scholarships, grants, or other forms of financial aid to cover expenses not fully addressed by those programs.
What happens to my loan if I specialise or pursue further training?
Your loan repayment terms remain consistent, regardless of your specialisation or additional training. If you require adjustments to your repayment plan during extended training periods, our team is here to help you explore options tailored to your evolving financial situation.
Ready to fund your medical education?
Whether you’re pursuing a degree, certification, or advanced medical training, Handy Finance is here to help with flexible medical student loans. Apply online and take the next step with Handy Finance!
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A quote won’t impact your credit score
For personal loans, go with Handy Finance
OurMoneyMarket recently rebranded to Handy Finance and, whilst this gives us a shiny new look, all the people, products, and services within our business remain the same. The awards listed were presented to OurMoneyMarket before we changed our name and are used here with permission from the lovely people that gave them to us.
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