The University operates a Student Loans Scheme designed to provide small interest-free loans to currently enrolled students who can demonstrate genuine need and whose continued attendance at the University is in jeopardy because of a lack of funds.

Student Loans are available to Australian students, or students with permanent residency status, who are formally enrolled in a Commonwealth funded course of study at SCU.

Student Loans are not available to full-fee-paying or exchange students, or to be used to make payments under the Higher Education Contribution Scheme.

Application Forms and Information Sheets are available from the Receptionist, OASIS, Goodman Plaza, Lismore Campus, Southern Cross University, telephone 02 6620 3220 or Freecall 1800 111 890, email studentloans@scu.edu.au or download the Student Loan Application Form [PDF: 45 KB].

Students who wish to apply for a student loan are required to submit an application form to the Student Financial Assistance Officer. All student loan applicants are require to be interviewed by the Student Financial Assistance Officer, who is authorised to approve loans conforming to the Loans policy. Phone interviews are available to Distance Education students and those who are unable to attend an interview in person.

There are four levels of maximum loan amounts available to students comprising of:

Level One - up to a maximum of $100
This level is to assist students who are experiencing unforeseen short term financial hardship or who are in crisis. No guarantor is required for Level One Loans [More information].

Level Two - must not exceed $200
No guarantor is required for level two loans. Level Two loans may not be available to students who have had a previous loan and have failed to meet the requirements of the specified repayment schedule under the agreement.

Level Three - $500 Maximum
This level is available to first time student loan applicants (available to students who have not been previously granted a Level Three Loan with SCU). Students are required to have a guarantor for a Level Three Loan.

Level Four - $800 Maximum
This level is available to students who have had a previous level three $500 student loan with SCU and paid it out on time according to their agreed repayment schedule. Students are required to have a guarantor for a Level Four Loan.

For more information about obtaining a Student Loan from Southern Cross University or to make an appointment time please contact:

Student Financial Assistance Officer
OASIS
Goodman Plaza, Lismore Campus
Southern Cross University
PO Box 157 Lismore

T 02 6620 3220 or Freecall 1800 111 890
e studentloans@scu.edu.au

Other financial Assistance: further information relating to other financial assistance.

Funds for the Student Loan Scheme are provided by the States Grants (Tertiary Education Assistance) Act 1984. The Director of Student Services is administers the Scheme.

Updated: 18 January 2012