Level up with an Education Loan 

Retraining, upskilling, or starting from scratch? An education loan can bridge the gap between ambition and reality—so you can get stuck in now.

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Ways to borrow

Smart finance for study goals

Whether you’re studying full-time, upskilling with a short course, or changing careers, we can help you find an education loan that fits. With quick decisions, flexible terms, and repayments that work around your life, you can focus on learning—not the financial stress.

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Loan Amount

Borrow from $3,000 to $100,000 — cover tuition, course materials, equipment, or living expenses.

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Flexible Loan Terms

Choose a repayment term from 1 to 5 years, depending on your goals and budget.

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Custom Repayment Options

Weekly, fortnightly, or monthly repayments to match your pay cycle and minimise stress.

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Competitive Interest Rates

Personalised based on your credit profile and loan details — no guesswork, just clarity.

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Upfront Fees

There are no hidden costs — we lay it all out before you commit.

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Fast Approval

Apply in minutes, and if approved early in the day, you could receive your funds the same day.

$15,000
48 months
10.95%

Loan Calculator

$92

Weekly Repayments

$400

Monthly Repayments

$19,200

Total Amount Repayable

The repayment amounts shown include Establishment and Introducer fees totaling $495 and a PPSR Fee of $8.05. These fees are examples only and they exclude ongoing fees. The actual fees charged may vary based on your circumstances and the chosen lender.

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Less Paperwork, More Progress

We handle the admin and comparisons so you can focus on your study, not your stress.

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Options for All Life Stages

Whether you’re just out of school, switching careers, or going back to study later in life — we’ve got loan options to support your goals.

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Straightforward Service

Honest advice, fast approvals, and genuine support every step of the way.

Support for Kiwis ready to invest in their next chapter.

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Study starts with one form

Whether you’re studying full-time, part-time or retraining, our application is quick and designed for busy students on the go.

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A loan that fits you

We compare education loan options to find one that suits your program type, fees, and personal repayment capacity.

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Fast track your study

Once we’ve got your details and documents, we move fast to get your education loan approved and your course underway.

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Hit the books sooner

Approved early? Your loan could be in your account the same day — so you can pay fees, buy gear, and focus on your future.

Learning, backed by the right loan

An education loan can help cover the costs of study—whether it’s a degree, diploma, or short course. Instead of paying everything upfront, you can spread the cost with repayments that fit your budget, so you can focus on learning and take the next step with confidence.

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FAQ

Education loans - the details
Being better informed makes for better decisions. Have a question or two? Check out these helpful FAQs or get in touch with the team.

How much can I borrow?

You can typically borrow from $3,000 up to $100,000 or more, depending on your credit history, income, and the cost of your study. Whether it’s a short course or a full degree, we’ll work with you to find the right amount and repayment plan.

What can I use the education loan for?

Education loans can be used to cover a wide range of study-related costs, including:
-    Tuition and course fees
-    Books, uniforms, and materials
-    Laptops and technology
-    Exam fees and registration costs
-    Transport, accommodation, or general living expenses while studying
It’s a flexible loan designed to support your whole learning journey.

Is there an age limit to get an education loan?

Yes — most lenders require applicants to be 18 years or older. There’s typically no strict upper age limit, but you’ll need to show that you can meet the repayments within the loan term. If you’re under 18, a guarantor may be required.

Can non-resident candidates get an education loan?

In most cases, you must be a New Zealand citizen, permanent resident, or hold a valid work or study visa to qualify for an education loan. Some lenders may require proof of long-term residency or local income. If you’re a non-resident, we recommend checking eligibility with our team — we may still be able to help depending on your visa type and financial situation.

Is the education loan fixed or variable rate?

We offer both fixed and variable-rate education loans, depending on the lender and the loan structure. Fixed rates give you predictable repayments and financial certainty. Variable rates may start lower and offer flexibility but can fluctuate with market changes. We’ll help you choose the option that best suits your situation.

How long does it take to approve the loan?

Once we receive your completed application and documents, approval can happen within hours. If you apply early in the day and everything checks out, you could have funds in your account the same day. We aim to keep the process fast and stress-free.

How much and how frequent are the repayments?

Repayments are usually weekly, fortnightly, or monthly — and you can choose the frequency that suits your cash flow. Your repayment amount will depend on your loan balance, term, and interest rate. We’ll give you a clear repayment plan upfront, so you know exactly what to expect.

Can I consolidate existing debt into my new loan to have one payment?

Yes, some lenders allow debt consolidation as part of your education loan. This means you can combine existing personal loan or credit card debts with your new loan — simplifying repayments into one regular installment. Based on your lender and financial profile, we’ll check if this is possible.

*Fixed interest rates for vehicle loans range from 7.95% p.a. to a maximum of 29.95% p.a. on a minimum 12 month to a maximum 60-month loan term. Fixed interest rates for personal loans range from 9.95% p.a. to a maximum of 29.95% p.a. on a minimum 12 month to a maximum 60-month loan term. The actual interest rate charged to you will depend on your circumstances, the type of lending required, the security provided, and is determined by the lender. 

Fees apply, including an establishment fee of up to $350 and an introducer fee of up to $995. Also, lenders may charge a PPSR fee of between $0 and $14. For example: On a loan of $10,000 over 24 months at 9.95% p.a. with Establishment and Introducer fees totalling $495 and a PPSR Fee of $7.39, the total amount to repay is $11,627 which is 24 monthly payments of $485. Those amounts don’t include ongoing fees, such as Service Fees, charged by the lender. You can find full fee information in the loan contract. We recommend that you check the fees before accepting the loan offer. See more about lender fees here.

Approval is subject to meeting lending criteria, and affordability test applies. Our lender will independently assess whether you are eligible for a loan.
Same day payout subject to the applicant meeting the above conditions and completing loan documentation by 12pm.