Looking for a flexible, responsible, fixed-rate education loan?
Quick, easy education and study loans chosen by parents and higher education students across Australia.
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Flexibility
$300-$10,000 over 3-36 months.
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Freedom
For any education expenses.
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Affordability
Personalised terms. Low costs.
Personalised education loans for students across Australia..
At Fair Go, we’re here to help our customers throughout Australia move forward. That’s why the education and study loans we provide for parents and higher education students mean so much to us – they’re here to help you and your loved ones broaden your horizons and get on in life.
With fixed fees and flexible repayment terms that we personalise to minimise your borrowing costs, we’ve used all our finance and tech know-how to make applying for an education loan as quick, easy, secure and affordable as possible.
And if you come back for another loan – whether to take your education or study further, or just to move forward in life – we can reward you with even better rates and discounted fees.
Loan Calculator
*Includes an interest rate of XX.XX% (Comparison Rate of XX.XX%). All prices are indicative and applications are subject to assessment. Fees and charges are payable. The Comparison Rate is based on an unsecured personal loan of $2,500 for a term of 2 years. WARNING: The comparison rate is true only for the example loan amount and term selected and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Rates (APR), fees & features
| SMALL Amount Loans | MEDIUM Amount Loans | LARGE Amount Loans | |
|---|---|---|---|
| Loan Amounts | $300 – $2,000 | $2,050 – $5,000 | $5,050 – $10,000 |
| Average Term | 1 – 12 months | 6 – 24 months | 9 – 36 months |
| Typical Establishment Fee | $0 – $400 | $394 – $771 | $536 – $662 |
| Monthly Fee | $0 – $80 | $9 | $10 |
| Interest Rate Per Annum (APR) * | N/A | 17.20% – 29.90% | 15.92% – 19.90% |
| Comparison Rate ** | 40.08% – 73.06% | 39.61% – 64.52% | 21.65% – 26.55% |
*For our loans of $300 to $2,000 an APR (Annual Percentage Rate) does not apply. For loans above $2,000 maximum APR is 48%.
**All prices are indicative for an unsecured personal loan and fees and charges are payable. WARNING: The comparison rate is true only for the example loan amount and term selected and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
**All prices are indicative for an unsecured personal loan and fees and charges are payable. WARNING: The comparison rate is true only for the example loan amount and term selected and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
| EXAMPLES | $1,300 | $3,350 | $6,950 |
|---|---|---|---|
| Average Term | 8 months | 12 months | 18 months |
| Repayment Per Week | $54 | $75 | $99 |
| Establishment Fee | $228 | $475 | $544 |
| Monthly Fee | $44 | $9 | $10 |
| Interest Rate Per Annum (APR) | N/A | 24.07% | 17.45% |
| Comparison Rate | 73.06% 1 | 49.87% 2 | 23.26% 3 |
1. Comparison Rate is based on an unsecured personal loan of $1,000 over a term of 6 months. Fees and charges are payable.
2. Comparison Rate is based on an unsecured personal loan of $2,500 over a term of 24 months. Fees and charges are payable.
3. Comparison Rate is based on an unsecured personal loan of $10,000 over a term of 36 months. Fees and charges are payable.
WARNING: This comparison rate is true only for the example[s] given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
2. Comparison Rate is based on an unsecured personal loan of $2,500 over a term of 24 months. Fees and charges are payable.
3. Comparison Rate is based on an unsecured personal loan of $10,000 over a term of 36 months. Fees and charges are payable.
WARNING: This comparison rate is true only for the example[s] given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
How to Apply
Apply Online
All it takes is 6 minutes with our smart online application form.
Accept Offer
Once approved, accept your offer by electronically signing with a secure SMS code sent to your mobile.
Receive Finance
Real-Time Funding will make sure your funds are transferred as cleared funds within 1 min, so you can start using it sooner!
Personalised Support
If you need a little help with anything, simply talk to our support team.
Why choose Fair Go Finance?
We’ve been giving our customers a Fair Go since 2008.
We listen, adapt, innovate and grow with our customers so we can provide ongoing value to you.
Genuine Customer Service
Real and caring consultants to help you go forward. Funded in minutes!
Apply, approved and funded in as little as 6 minutes
Risk Based Pricing
Your credit profile is rewarded with tailored pricing. Get more & pay less.
Save up to $115 on small loan
Save up to $357 on medium loan
Mates Rates Loyalty Program
Enjoy rate and discount rewards for your loyalty. Rewarded on your return!
Returning customer gets up to $453 more on the second loan
Boost Your Credit Score
Improve your financial future by repaying your loan with us. Good credit, not bad!
65% of our customers enjoy a 42 point increase to their credit score.
How can we help you?
Below you’ll find answers to the most frequently asked education loan questions
Education loans (also known as study or student loans) are just personal loans that you can use to cover or spread the cost of any education expenses, for yourself, your kids or a family member.
We have customers across Australia who take out education and study loans for everything, from regular education and student fees to unexpected expenses.
- School and higher education fees
- Student uniforms and equipment
- Education and training course fees
- Educational excursions and trips
- Computer and technology expenses
- General education, school and student expenses
What’s more, applying for an education or study loan is quick and easy. See for yourself. Apply online for an education loan in minutes.
- Apply online in less than 6 minutes. Our clever online application form is quick and easy to complete – apply from anywhere in Australia, anytime day or night.
- A little human touch may come into play. If your application isn’t given an immediate outcome, a friendly credit consultant will be in touch to confirm what they need clarified, or if there’s a different amount or product they can offer you.
- Get approved: If you’re offered a loan and you’d like to proceed, simply accept by electronically signing in the contract using an SMS code sent to your mobile phone.
- Receive your funds within minutes: We use Real-Time Funding to instantly transfer the funds to your account.
Start your online application and see for yourself. And remember, if you run into any problems with our online application or have any questions about the approval process for our personal loans, we’re here to help. Call our team on 1300 324 746 or contact us online via live chat.
If you’re at least 18 years of age and a permanent resident in Australia, with regular paid employment, then you can apply for an education loan of $500-$10,000.
We assess each application on its merits and, assuming your loan application is approved, we’ll personalise your loan rate and terms to maximise your borrowing power and minimise your borrowing costs. We’ll discuss this with you at the formal application stage, ensuring you understand the cost of your repayments and never borrow more than you can afford. It’s all part of our commitment as a responsible lender.
Worried about your bad credit rating? We’ve helped customers across Australia who have bad credit scores get personal loans and turn their bad credit history around. Call our friendly team on 1300 324 746 or contact us via live chat to find out more about our bad credit loans.
You can apply for an education or study loan of anything from $500 to $10,000. What’s more, you can apply online for your education loan and get a decision from our smart system in a matter of minutes.
It’s quick, easy and secure, which is why customers across Australia come to us for education and study loans time and again. But if you hit any snags or have any questions, we’re here to help. Contact our friendly team on 1300 324 746 or via live chat.
As one of Australia’s largest non-bank personal loan providers, we’re a responsible lender. We want to help you get the cash you need to move forward, but we’re also looking out for your best interests. There’s no point taking out a loan you can’t afford today if it will cause you problems tomorrow.
That’s why we personalise our loans, with fixed rates and flexible terms of 3-36 months. No hidden fees. No nasty surprises down the track. And no early payout fees – if you can pay off your loan sooner rather than later, you can save yourself some money.
It’s all part of our commitment to minimise your borrowing costs and ensure you don’t put yourself under unnecessary financial stress.
How much you are eligible to apply for will depend on your current financial circumstances and requirements. As a Responsible Lender we want to make sure your loan is affordable for you, so we will always need to complete your assessment first before we can provide you with the loan amount you’re eligible for.
Our loans are based on your individual and current financial circumstances. Until we receive your application and your bank statement information, it is not possible for us to guarantee you will be approved. You may wish to read our blog which provides some helpful tips on improving your chance to get a loan.
Our loan repayments vary depending on the loan amount, the loan term and the interest rate. You can use our loan calculator as a guide, however because we tailor our rates to your unique credit profile, we will not be able to confirm any repayments until your assessment is complete.
The interest rates for our loans are calculated using risk-based pricing, which simply means the better your credit rating, the better the interest rate you can be eligible for. We won’t be able to confirm what interest rate you may be eligible for until your assessment is complete, however you can see the range of our interest rates for our personal loans here.
The usual waiting time to receive your loan application outcome is between 24-48 working hours.
Behind Australia’s students all the way.
As one of the largest non-bank personal loan lenders in Australia, we’re here to help you get on in life. And education is where it all starts. So, whatever you or your loved ones study, allow us to help you move forward.
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Are you eligible to apply?
- I am 18 years or older
- I have not entered into bankruptcy or part 9 agreement within the last 6 months
- I am willing to provide my Bank Statements online
- My income is not solely from Centrelink
Please note: Bank statements can only be submitted via our secure online service.