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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.
Loan Amount
Borrow from $3,000 to $100,000 — cover tuition, course materials, equipment, or living expenses.
Flexible Loan Terms
Choose a repayment term from 1 to 5 years, depending on your goals and budget.
Custom Repayment Options
Weekly, fortnightly, or monthly repayments to match your pay cycle.
Loan Interest Rates
Competitive rates personalised based on your credit profile and loan details. See 'Loan Information' section below.
Loan Fees
Upfront and ongoing fees spelled out clearly before you proceed.
Fast Approval
Timeframes vary but with complete information, approval can be same-day. Approval is subject to meeting lending criteria, and affordability test applies.
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.
A loan that fits you
We compare loan options to find one that suits your needs and personal repayment capacity.
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.
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.
FAQ
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.
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