Student Loans

Boost your career with no fees.

Invest in yourself and your future with a personalised, no-fees student loan.

From 6.75 % pa Interest rate
From 6.75 % pa Comparison rate*

Top marks for simplicity.

Don’t let a lack of personal or government funding hold you back. Once approved, use your NOW Finance loan to cover the costs of tuition, textbooks and everything else.

Any questions? Just ask your personal loan advisor.

No fees

Forget about fees. Our personal loans are fee-free, forever. No ifs or buts about it.

Uniquely yours

Like a custom-tailored suit, your rate is made just for you. Get your personalised quote in less than 2 minutes.

VIP service

You’ll have a dedicated personal loan consultant to steer you through the entire process.


The Details

If you’re eligible and approved, you’ll have that money in your hands in as little as 24 hours.

You can choose a fixed term from 18 months to 7 years. But if you’d prefer something flexible, you can do that too.

ProductNOW Personal Loan
Interest RateFrom 6.75% p.a. (Unsecured)
From 6.75% p.a. (Secured)
Comparison RateFrom 6.75% p.a.* (Unsecured)
From 6.75% p.a.* (Secured)
Loan Amount$5,000 – $50,000 (Unsecured)
$15,000 – $100,000 (Secured)
Loan Term18 months – 7 years
Loan Fees$0 – No Fees
Upfront Fees$0
Early Exit Fees$0
Missed Payment Fees$0
Ongoing Fees$0

1. Get your rate

It takes 2 minutes to get your personalised quote without impacting your credit score.

2. Apply online

Complete your online application and get a response in 2 minutes.

3. Money in your account

Access your funds within 24-48 hours of being approved.


The people’s choice

With more than 1,700 5-star reviews, you won’t be the only one loving your loan.

Really quick turn around, better interest rate than my previous bank, a very uncomplicated process with a team that looked after me every step of the way.


Darren loves NOW Finance

Personalised rates and personal service. Darren shares his experience with NOW Finance.


Student Loans, explained

Private student loans work in the same way as other personal loans. With NOW Finance, once your application is approved, you will receive a loan offer. If you’re happy with it, you can then sign a loan contract that will set out the repayment schedule, interest rate and terms of your student loan.

When everything is in order, funds will be rapidly transferred into your nominated bank account.

There are 3 steps involved in applying for NOW Finance student loans in Australia:

  1. Get your confirmed rate^ — It takes 2 minutes to get your personalised rate without impacting your credit score.
  2. Apply online — You provide us with all your important details and describe your situation.
  3. Money in your account — If approved, the money is in your account in as little as 24 hours.

Yes. This makes it easier for you to manage your finances while studying. You won’t have any nasty repayment surprises that could derail your education plans.

If you have not yet received any credit, you may be able to cancel your application for a student loan. If you withdraw from your course, you may be entitled to a refund, which will enable you to pay out all or part of the loan.

If you need to cancel your loan application or payout your loan, contact your NOW Finance personal loan advisor to discuss your options.

According to the Australian Taxation Office, you may be able to deduct the interest on student loan payments in some specific cases.

In particular, if your education has a direct connection with earning your income. You can find more details on the ATO website.

NOW Finance will create a personalised repayment plan for your student loan that takes into account your ability to make the repayments at regular intervals over a fixed period of time.

It’s a good idea to draw up a budget while you’re studying as your capacity to earn an income may be limited.

You cannot transfer student loans to another person.

NOW Finance will create a personalised repayment plan for your student loan that takes into account your ability to make the repayments at regular intervals over a fixed period of time.

It’s a good idea to draw up a budget while you’re studying as your capacity to earn an income may be limited.

What should I know about a NOW Finance student loan?

Furthering your education is an excellent way to invest in your future and build your career. However, higher education comes at a cost. There are tuition fees, textbooks, school supplies and more. If you’re not eligible for government assistance, a student loan can be an ideal way to get the upfront funding you need to cover your education costs.

At NOW Finance, we want you to reach your full potential. We provide student loans with flexible repayment schedules that enable you to comfortably pay back the loan over a duration that suits you.

Whether you opt for a secured or unsecured student loan, you’ll be able to access the funds fast. Plus, you’ll get competitive interest rates (and no fees), allowing you to concentrate on your studies. With NOW Finance student loans, you can take the next big step in your professional development sooner rather than later.

Customised student loans you can trust

Financial worries are one of the last things you need when you’re studying. With NOW Finance, you can take out a student loan and enjoy industry-leading customer service. You’ll be assigned your own personal loan advisor to ensure the loan process is smooth, straightforward and suited to your situation. This service is available for the duration of your student loan.

Backed by years of experience in the personal loans business, a host of industry awards and a host of outstanding reviews from our customers, NOW Finance is a non-bank lender you can fully trust.

Competitive interest rates on student loans in Australia

We know two things for sure. Firstly, education is expensive. And secondly, getting a low interest rate is essential for saving money over the term of your student loan.

NOW Finance’s rates on student loans are always competitive and easy to compare with other lenders. This is because our comparison rates are equal to our advertised interest rates.

Comparison rates on our unsecured student loans are as low as 5.95%*. If you’d like to see an estimate of your personal interest rate, repayment costs and the projected term of your student loan, use our online personal loan repayments calculator now. You’ll soon see that our student loans exceed your expectations!

Accessible, flexible, no fee student loans

Just as higher education has become more accessible and flexible, so too have our no-fee student loans. We can provide loan terms from 18 to 84 months with the flexibility to make repayments either weekly or fortnightly. And you can be sure your student loan repayment plan will be personalised to suit your specific needs.

To apply for a student loan, simply follow our streamlined 3-step process. If you meet the eligibility criteria, the application process is fast, easy and convenient.

Invest in your future career

Whether you’d like to undertake a diploma, certificate, masters, PhD or any other type of course or training, NOW Finance makes the grade when it comes to student loans. Contact NOW Finance today for a personalised quote on a loan, or apply directly online. The path to reaching your full potential is just a few clicks away.

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