The loan scheme is directed primarily towards full-time students . Loans are to assist during temporary periods of financial difficulty, NOT to support a student's general circumstances. However, students may consider replacing income with a student loan for shorter periods, such as towards the end of sessions, when academic workload may reduce the time available to earn income from casual work. If you are in a difficult situation, you are welcome to discuss your circumstances with the Student Finances Officer. If you are not sure, check with the Loans Officer.
Loans are interest free.
Loans taken out are generally repaid within twelve months or before the completion of your course, whichever comes first. Loans are most frequently repaid by monthly instalments at an amount appropriate to your financial situation. Repayable in one month. Available at short notice. Repayment is preferred within twelve months, but must be before graduation.