We have partnered with ZeeFi, Australia’s fintech partner to the education sector, committed to providing students affordable payment plans to enable better access to quality education.
Study Now Pay Later removes the financial barrier to enable you to access quality education. Available for courses valued between $500 to $20,000, this flexible, interest-free payment plan allows you to focus on studying first and paying later.
Here’s what you get:
- Stress free funding – You get to study now and pay-off your course with fixed, interest free repayments over time and low monthly fees.
- More course options - Choose a course you want without worrying about the financial burden of upfront fees and without having to qualify for government funding.
- Fast approval - application process is entirely online and approval can be granted quickly
Are you Eligible?
- Australian Citizen or Permanent Resident
- Employed full-time or part-time for a minimum of six months prior to application
- Can demonstrate a capacity to service the payment plan
- 18 years of age or older
ZeeFi Study Now Pay Later - Explainer for Students from ZeeFi on Vimeo.
Ready to Get Started?
Step 1: Submit your application
Submitting your application is fast and simple. The application process is entirely online and approval can be granted quickly
Step 2: Obtain approval
Once approved, ZeeFi will pay us for your study on your behalf
Step 3: Start studying
You’ll make payments until the end of the agreed term. You can reduce the term by paying more any time.
What do I need to apply?
- Medicare Card
- Passport or Driving Licence
- Employment Details
- Income and Expenses Details
- Bank Details
Study Now Pay Later Payment Assist Vocational Loans
FAQ’s
Is ZeeFi regulated?
Yes, ZeeFi provide regulated consumer credit under an Australian Credit Licence 498589. In doing so, they must comply with the National Consumer Protection Act 2006 (Cth), the National Credit Code and they must meet ASIC’s requirements in relation to consumer credit.
How much can I borrow?
Study Now Pay Later is available for courses valued between $500 and $20,000.
How long does it take to process my application?
ZeeFi’s application process is entirely online and approval can be granted within a few minutes.
Will ZeeFi run a credit check on me?
Yes, as part of processing your application, ZeeFi will run a credit check to confirm eligibility.
What fees do I need to pay?
You’ll pay a minimal monthly account fee. However, an arrears fee is applicable if the account is overdue and a dishonour fee for each dishonoured payment. Please refer to the Target Market Determination document.
How do repayments work?
Repaying your plan is as easy as setting up a weekly, fortnightly or monthly direct debit. If you miss a direct debit payment, it is important to call ZeeFi ASAP to avoid any further fees.
Do I need to be employed?
Yes, you must have an income. It can be part time, full time, casual or self-employed.