HTML Preview Student Loan Agreement Form page number 1.
STUDENT LOAN AGREEMENT
Please read this information carefully
The Student Loan Scheme provides short-term financial assistance to help meet some of the
costs involved in studying. This could include purchase of textbooks, study materials, study
aids and costs related to practicum placements.
What is not covered?
Student loans are NOT available for payment of HECS, Library fines or other fees
Student loans are generally NOT available for payment of living expenses such as
rent, bond, phone, rates, electricity bills, holiday expenses, airfares, family expenses,
insurance, fines or court costs.
Student Loans
Are available up to $500.
Usually take up to seven (7) working days for approval and processing.
To qualify for a loan
You MUST have permanent Australian residency status;
You MUST demonstrate a clear need for the loan (bring evidence to support your
application);
You MUST be able to demonstrate your ability to repay the loan in full within the
specified time (please complete the attached Fortnightly Income & Expenditure
Sheet).
How to apply
Complete Student Loan Application Form and Fortnightly Income & Expenditure
sheet.
Return the completed forms and all requested documents to Student Life and Learning,
Ground Floor, Building E, Tel: +61 7 5430 1226.
Approval of loans
Allow seven (7) working days for loan approval and payment.
Repayment of loan
A printable online invoice is available on USC_Central under My Finances > View
Invoice > View New Invoice.
Your invoice will show your balance, reference numbers and payment methods.
If you cease your enrolment at the University of the Sunshine Coast, repayment of
the loan in full is required immediately.
Students need to make regular fortnightly repayments.
REPAYMENTS ARE NOT DEBTED FROM THE STUDENT BANK ACCOUNT.