Student loans

If you need help with study-related expenses, talk to a student adviser at Monash Connect.

Monash student loans

Both domestic and international students studying at an Australian campus can apply for an interest-free loan. We offer two types:

Loan purpose

We can lend you money to cover a wide range of study-related expenses such as books, computer, car, housing, etc. We will consider other legitimate expenses if your ability to continue studying is in jeopardy.

You cannot use these funds to pay your course or amenities fees or visa charges for international students.

Repayments

We will work out a repayment schedule with you. You must repay the full amount of your loan by the time you finish your course or if you leave the University.

Loan applications

• Short-term loan (pdf 88kb)
• Long-term loan (pdf 99kb)
• Guarantee form (pdf 62kb)
• Banking details (pdf 78kb)

Loan policy

• Student loan regulations (pdf 136kb)

Other loan options

Bond loan scheme

If you want to rent privately, most landlords will ask you to pay a bond. The Department of Human Services (DHS) provides interest-free loans to help people struggling to pay the bond. You cannot use the money for rent in advance or moving costs. For more information see DHS Bond Loan Scheme.

Bank loan

You could approach a bank and apply for a personal loan. You need to think about choosing a reputable lending institution, getting a good interest rate and whether you can afford the repayments. Talk to a student adviser first about your options.