Fund Your Educational Goals and Your Studies
CashLend offers student loans from $500 to $5,000 to cover the expenses that can't wait. Textbooks, course fees, a second hand laptop, or even opal top ups. Apply online with your ID and income details. We keep it simple and let you know quickly. If your loan gets approved, the funds go to your bank and you choose weekly, fortnightly, or monthly repayments. The rates and fees are shown upfront, so you can focus on uni or TAFE. You no longer have to worry about money!
What Are Student Loans?
A student loan is a personal financing option designed to help cover the costs associated with education, whether you're attending university, TAFE, or a short course. CashLend student loans provide fast, practical financial support so you can concentrate on your learning journey, not your bank balance. Many Australians use a loan for student expenses to bridge the gap between their income and educational costs.
It helps to know how a student loan works and how it differs from government study support before you borrow. Government loans usually cover course fees at approved providers and are repaid through the tax system. Our student loans are personal loans for the gaps those programs do not cover. Think textbooks, a laptop, travel, or a short rent gap, with clear repayments you can plan for.
What Can a Student Loan Cover?
A student loan from CashLend can help manage a wide range of education-related expenses. Whether you're studying online or on campus, our loans for student needs are designed to offer support where and when you need it most.
Common costs include:
- Tuition or course fees not covered by government support
- Textbooks, laptops, tablets, and essential study software
- Internet and utility bills while studying
- Travel or accommodation for students living away from home
- Other everyday expenses during exam or intensive study periods
Why Use a Student Loan Instead of a Government Student Loan?
While government-supported student loans (such as HECS-HELP) are available for many university courses, they don't always cover everything, and not every course qualifies. Many students find that a personal student loan provides additional flexibility.
A personal student loan from CashLend offers:
- Immediate access to funds for non-eligible courses or private education providers where government support isn't available.
- Support for part-time students or those doing short-term training who might not qualify for traditional student financing.
- Flexibility to use the loan however you need, not just for tuition but for all aspects of your educational journey.
- Fast approval and no waiting for semester enrolment periods, allowing you to take advantage of early course discounts or secure materials ahead of time.
Why Choose a Student Loan from CashLend?
Quick and Simple Application Process
When you apply for student loan with CashLend, the process is straightforward and takes just minutes. We offer quick decisions and fast fund transfers so you can secure what you need without delay, unlike more complex loans that might delay your educational progress.
Borrow Up to $5,000
Our best student loans are capped at $5,000, making them a manageable solution to cover study fees, course materials, transport, or technology needed for your studies. This realistic amount helps ensure repayments remain manageable alongside your other student expenses.
Flexible Repayment Options
We understand that student life can be unpredictable. That's why we offer repayment plans that work around your financial situation; weekly, fortnightly, or monthly.
Transparent Terms and Fair Rates
There are no hidden costs or confusing clauses in our student loan agreements. We offer competitive interest rates and clearly outline fees so you know exactly what you're committing to before finalizing your student loan application.
How Student Loans Work
Step 1: Apply Online
Complete the secure online application, providing basic details about your financial situation.
Step 2: Fast Approval
We assess your application promptly, often providing a same-day decision.
Step 3: Get Funded
Funds are transferred to your nominated account, typically within 24 hours of approval.
Step 4: Repay Over Time
Choose a repayment plan that suits your lifestyle and budget. Pay off your loan gradually with no early repayment penalties.
Common Uses for a Student Loan
Many Australian students use our private student loans for paying course or semester fees upfront, often accessing early payment discounts. Purchasing essential study equipment such as laptops, software licenses, and specialized tools is another common use for student loans. Transportation costs, particularly for students commuting long distances or relocating for studies, can be covered through our financing options.
Educational materials including textbooks, online subscriptions, and research resources often represent significant expenses that loans can help manage. Many students also use these funds for bridging financial gaps between Centrelink payments or during periods of reduced work hours during intensive study.
Who Is Eligible?
To apply for a student loan with CashLend, you’ll need to meet the following criteria:
- Be at least 18 years of age
- Be an Australian citizen or permanent resident
- Have a regular income for at least the last 90 days
- Have an active Australian mobile number and email address
We consider applications from students with part-time work, casual employment, or those receiving Centrelink support. If you meet the basic criteria and can demonstrate your ability to make repayments, we encourage you to apply for student loan assistance.
Student Loans FAQs
What can I use a student loan for?Textbooks, course fees that are not covered by government support, a second hand laptop, software, travel to campus, short rent gaps, or other study costs. Use the funds for practical needs tied to your course.
Can I apply if I study part time or online?Yes. We assess part time, full time, and online students the same way. We look at your income, expenses, and ability to repay.
Do I need a guarantor or security?Not for an unsecured loan. If you want a larger amount or a lower rate, a secured option using an eligible asset may help.
How do repayments work while I am studying?You choose weekly, fortnightly, or monthly. Set a date that fits your pay cycle. If your roster changes, ask us to adjust the schedule.
Can I pause repayments during exams or placement?If you see a crunch coming, talk to us early. We can look at options to move dates or reduce amounts for a short period so you stay on track.
I work casual shifts. How do you assess my income?We review recent bank statements to see average earnings over time. If your hours vary, we use a sensible average to keep repayments realistic.
Do you count Youth Allowance or Austudy as income?We consider government payments case by case alongside wages or other income. The goal is an affordable repayment that leaves room for everyday costs.
Am I eligible if I am under 18?You need to be 18 or older, an Australian citizen or permanent resident, and have a regular income for at least 90 days. You also need an active Australian mobile number and email.
Will this affect my HECS-HELP or FEE-HELP?No. This is a separate personal loan. It does not change your HELP balance. Repayments on this loan are in addition to any HELP obligations.
Do you run a credit check?Yes. We run checks as part of responsible lending. Using credit within your means and paying on time can support a healthy credit history.
Can I repay the loan early?Yes. You can make extra repayments at any time and ask for a payout figure. Paying early reduces interest and finishes the loan sooner.
Apply Now
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