Showing results for

Student Loans

Personal loans for

Competitive low rates from just 9.20% p.a. (comparison rate from 10.58% p.a.*)
Money can be in your account same-day.

2 *This comparison rate is based on an unsecured variable rate personal loan of $30,000 for a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. $495 establishment fee and $10 monthly fee applies. Comparison as of: 13/07/2023

An award-winning experience

Winner of Canstar's Innovation
Excellence Award 2022*

Winner of Canstar's Innovation Excellence Award 2022*

Estimate your

Find out how much your repayments and
interest rate could be with our calculator


Monthly repayment from


Example interest rate

9.20 %

Comparison rate*

10.58 %

Total charges


Total repayments


Disclaimer: This calculator provides an estimate only and a comparison rate based on the example information provided. Other fees, costs and charges are not included. This calculation is not an offer for credit. The amount you can borrow may vary once you complete a loan application and all the details relevant to our lending criteria are captured and verified. The interest rate for this product is variable and subject to change. Any calculations made by you using this calculator is intended as a guide only.

Awesome low
interest rates

We bet you'll be happy with our low rates.

Applying is a
piece of cake

Download the app
  • 1

    Easy online application with an outcome in as little as 60 minutes

  • 2

    Once approved, we’ll transfer money to your bank account in seconds

  • 3

    Download our app to manage your account and repayments with ease

Download the app

Ready to get

Won’t impact your credit score!
Won't impact your credit score!

Student Loans

Student loans are a type of personal loan specially designed to help you pay course fees, university tuition, vocational education or training, or anything else related to your course. Typically packaged with more flexible terms and tailored rates for students, student loans are a popular option for financing tertiary education costs and tuition without complex eligibility criteria.

Making it personal

Student loans are becoming more important than ever before in Australia. Rising education tuition, and increased requirements to make loan repayments earlier in their working life can be substantial financial barriers for many students considering a further education. Coupled with already sky-high living expenses in cities like Sydney and Melbourne, dealing with tertiary education financing can be a tough challenge for young students.

Fortunately, a student loans company like MoneyMe can provide loans for students that are custom built to cater for these challenges.

The best student loans help to bridge the funding gap where government funding no longer exists, and flexibility and convenience is needed. Sometimes this can mean the difference between attending universitycollege, or TAFE, or giving up on your dream. More flexible loans for students in particular means you are more likely to achieve the finance needed to make your further education a possibility.

Benefits of student loans

If you’re wondering where to get student loans, you’ve come to the right place. MoneyMe has a range of student loan options for Australians who need fast and easy finance, but who may not have a length credit history so may not have a great deal of choice when it comes to other lenders.

The biggest advantage of student loans is that eligibility criteria for student borrowers can be more flexible. That means you can spend more time studying and less time worrying about how to pay for your books and tuition fees.

There are other distinct benefits like more flexible repayment terms, lower fees and cheaper rates when paying course fees – all of which puts you in control. At MoneyMe we even reward you with better rates if you pay us back on time – like you deserve!

What are you waiting for?

Applying is easy – simply click on the "Apply Now” button. Once you’ve inputted a range of personal information, you’ll be on your way to receiving the funds that could lead to a future of possibilities.

Our customers

Student Loans

Fast, fair and easy. Very happy customer. Happy to get another loan in the future from MONEYME.

Simple process, easy to follow application, quick response time and good support.

I was impressed with how easy and quick the application was. Very happy with their customer service, and the app is very convenient.


Review Stars Out of 2,701 reviews

View more

Student Loans up to $50,000 Approved Online

Loans tailored for students

Never miss an opportunity to learn. With MoneyMe, you can get the quick cash you need to help you pay for school fees upfront. Apply online, get an outcome in minutes and have the money in your account in as little as 60 seconds! Our student loans are designed to offer you flexible and student-friendly rates, so you can focus on your studies and have one less thing to worry about.

Retraining in a new skill can be a brave step, just like starting your education straight out of high school can feel a bit daunting. Ensuring that you have the money you need to cover tuition costs upfront will open a lot of doors, including early-bird discounts, and take some of the strain off the transition. We offer a range of unsecured personal loans and student loans for up to $50,000 that you can use toward tuition fees at your chosen institution for a college course or a master’s degree. 

 Education can be costly for younger students as well, which is why we also offer private student loans to help pay for school fees. Whether you’re planning to study at your dream university or you’re a graduate returning to further study, you’re going to need a flexible unsecured loan to help you manage your expenses and to help you cover what you need to start studying.

Know how much you need

School loans are personal loans Australia that MoneyMe transfers to your account in full amount upon approval. You can use it to pay for your fees or study expenses and repay it over a variable period at a variable interest and monthly repayments. You can use a personal loan calculator to help you check what kind of payments you are most likely going to be making and how they can be budgeted into your new living expenses.

 If you’re a full-time student, using a student loan repayment calculator is a great way of planning ahead as you likely won’t be able to work full-time hours once your study commences. Online tools like a personal loan repayment calculator also give you an idea on how much your fortnightly or monthly repayments will be, as well as your interest and establishment fee. Take note that whilst the on-the-spot calculations you may be seeing are close to your expected loan rates, the actual loan amount you are getting is still subject for further evaluation.

 Personal loan interest rates can vary depending on the loan amount that you’re looking for, your preferred repayment duration and credit status. Your interest rate will determine the repayments you make and may affect the loan term that you ultimately choose to take. Choosing a longer loan term may help lower monthly repayment costs and take the strain of managing short-term living expenses.

How to get a bigger student loan

The first thing you will ask yourself when you start an application process for loans is: “How much can I borrow?” You may find that when you initially apply for a student loan, you may not be able to receive the entire amount that you need straight away to cover your tuition fee. If you don’t have a very strong credit history – either because you are quite young and haven’t built up a credit experience or because your credit file is less than ideal – this will affect the amount you’ll be getting upon approval of your personal loan request and the interest rate that you will most likely be charged. 

 You may take out quick loans like our mini loans and small loans that are short term loans for smaller amounts than your total tuition cost. Taking out small same day loans from MoneyMe will help us get to know your credit profile and give you a reasonable loan rate tailored to your school needs and ability to repay. You can take our cash loans for small amounts and once they’re repaid with a solid and reliable repayment history, we may re-evaluate your profile and give you loans at a better value on your future applications. By demonstrating that you’re ready to move on to a larger student loan, you may be able to be approved for an amount closer to what you need.

Try a more flexible alternative

If you’re looking to have a more flexible credit option, MoneyMe offers Freestyle The Virtual Credit Account – a line of credit providing the latest spend-now-pay-later solution that gives you the ultimate convenience to pay for school expenses, textbooks and other learning tools whenever you need it.

 As an online money lender dedicated to delivering fast services to Gen Now, Freestyle is not just another plastic credit card to add to your wallet. It works like a virtual credit card that lives in your smartphone that you can use to Tap n Pay in-store, shop online, pay bills and transfer money to your bank or anyone straight away. Take it anywhere, use it anytime. Eligible customers may enjoy up to 55 days interest-free on purchases. It’s the smarter alternative to small personal loans that offers you a pre-approved fast cash loan or cash advance. Having a Freestyle account and making your repayments on time is also a great way to build up your credit file with us and help you get a larger student loan further down the track.

Who can apply for a student loan?

As a credit provider that believes in responsible lending and holds an Australian Credit Licence, eligible loans customers must be at least 18 years old, a permanent resident of Australia and currently employed.

Our online application takes just minutes to complete with simple questions about your personal information, income, current financial commitments and living expenses. With MoneyMe, learning how to get a student loan is easy.

 We can help customers with a range of loan products beyond student loans like rent assistance credit options and bond loans for helping to cover the cost of moving and associated expenses. You may also opt for cash loans online to use as renovation loans for making home improvements or minor home fixes at your student housing or apartment. You may also choose from our boat loans and unsecured car loans and score a great deal on your dream ride sooner rather than later.

 If you’re looking to spend some time travelling before you knuckle down into your further studies, consider a travel loan from MoneyMe. We can help provide the extra cash you need for your next holiday trip. Use the funds to book your flight, reserve accommodation and have pocket money for your getaway. Repayment options are flexible and comfortable, so you can enjoy your travel without breaking the bank. 

 We made applying for quick loans and easy loans a breeze. We offer our customer a hassle-free express loans application and approval process for same day cash loans as well as for student loans and larger purchases. Apply online in minutes and enjoy the freedom of quick money when you need it and at competitive rates.

Student Loan

A student loan is a type of personal loan that can help you pay your university tuition, course fees, training, vocational education, or anything related to higher education fees. Provided that you pay it on time (or ahead of time), this loan is a great way to build and improve your credit score, allowing you to access bigger loans and financing options with lower interest rates in the future. 

At MoneyMe, we offer student loans for education with flexible terms and lower interest rates than the student loan financing options offered by other financial institutions. We’re able to offer more affordable personal loans because we do everything online, which means we don’t have expensive offices and overhead costs related to running a physical location. 

What is a student start-up loan?

If you’re thinking about applying for a finance loan to help pay for college, chances are that you have no or very little knowledge about the loan process and how study loans work.

In a nutshell, a student loan is a viable financing option that can help you with school-related expenses, allowing you to finish college, which in turn can open a lot of opportunities years down the road. As with any loan, you need to pay the money back through regular scheduled repayments (usually weekly or monthly). 

At MoneyMe, you can borrow low cost student loans that come with competitive rates and flexible repayment terms. Our goal is to give you access to unsecured loans that can help you finish your studies and enjoy more opportunities in later years without causing financial constraints. 

Student credit cards are another excellent financing option if you’re taking a higher education course in Australia. While a student loan is ideal for a lump sum financing for larger purchases such as a computer or tuition fee, credit cards work better for smaller, everyday expenses or living expenses. 

As with any responsible loan companies, MoneyMe conducts credit history checks during the approval process. The idea here is to ensure that our borrowers can tap into a financing product that they can conveniently repay without overextending themselves. 

However, having a mark on your credit history does not automatically mean you won’t be eligible for our student loan or credit card. To make sure that we come up with the fairest decision, we also assess your cash flow, debt obligations, income, and living expenses – factors that can give us a more complete picture of your financial circumstances. 

We also review your most recent bank statements, which can reveal a lot about your cash flow. Simply provide us with your bank details so we can see the read-only snapshot of your most recent transactions. At MoneyMe, your data is protected (i.e., no one can view, access, or change your bank log-in details) because we use a safe and secure technology called illion Open Data Solutions, which is also used by major banks and other trusted financial institutions. 

Are student loan interest rates variable ?

MoneyMe offers a student loan repayment that comes with variable rates, meaning your scheduled payment (either weekly or monthly, depending on your preference) is the same during the entire duration of the loan. For this reason, borrowers who like the idea of predictable payments stick to a variable rate personal loan.

By contrast, variable rate loans have interest rates that either increase or decrease over time, depending on several factors. 

With a student loan interest rate that’s variable , you get predictable repayments throughout the duration of your loan. To know how much repayment amount you can afford, use MoneyMe’s personal loan repayment calculator, which is an easy-to-use online tool that can help you stay on top of your finances. 

To use our personal loan repayment calculator, which you can access using your mobile phone or desktop, input your requested amount ($5,000 to $50,000), your preferred loan duration (up to five years), and your desired repayment frequency (weekly or monthly).

You can also use our personal loan calculator in which you need to input your desired loan amount, your preferred loan duration, and a short description of your credit history, which has a large influence on your interest rates. Please note that the higher your credit score, the lower the interest rates you enjoy. 

Once you’re sure that you can conveniently cover the repayment amount on a regular basis, you can now start our paperless application process in which you only need to fill out our online form with your personal details and banking information. 

Provided that your personal and bank details are accurate, you can expect to receive our decision within the same day. Once approved, your funds are immediately transferred to your bank account. 

In case your loan application has been declined (probably because you’re still young and haven’t built up a credit experience), you may want to resort to smaller quick cash loans instead. By taking out smaller loans from MoneyMe, and paying on time, you can build a solid repayment history, which allows you to access a bigger student loan with better interest rates in the future. 

If you need a loan ASAP or want to know more about our different financing options, visit MoneyMe now. You can also use our online tools such as the repayment calculator and personal loan calculator to determine the student loan amount you’re comfortable paying on a regular basis.

Transparent and
simple pricing

Interest rate

9.20 %
to 25.20 %

Comparison rate*

10.58 %
to 26.58 %

Establishment fee
(Direct applications)

$395 for loans between $5,000 and $15,000

$495 for loans between $15,001 and $50,000

Monthly fee


Loan terms

Minimum 3 years

Maximum 5 years

Early exit fees


Ready to get

Won’t impact your credit score!
Won't impact your credit score!

Personal Loans are running hot!

55 people in the last 24 hours have applied

Freestyle is running hot!

55 people in the last 24 hours have applied

Debt Consolidation is running hot!

55 people in the last 24 hours have applied