In the event that you need help with study-related expenses, communicate with a Senior Officer at Monash Connect.
Eligibility
Both domestic and international students can use for an loan that is interest-free.
You’re maybe not eligible if you’re on intermission (research leave).
What the amount of money may be used for
We are able to lend you cash to cover a wide variety of study-related costs such as for instance publications, laptop computers (to generally meet BYOD needs), automobile costs, housing, etc. We’ll think about other legitimate costs if for example the capability to continue learning is in danger.
You cannot utilize these funds to cover your amenities or program fees, or visa prices for international pupils.
Loan kinds
Short-term
Long-lasting
Loan repayments
We’ll use one to organise a payment schedule. You have to repay the complete number of your loan by the full time you complete your course or you leave the University.
Payment techniques
It is possible to spend your loan utilizing BPAY or by mailing a cheque. Just be sure you enable plenty of time when it comes to re re payment transfer – re re payments made for A friday afternoon (online or by phone) do not achieve us before the following tuesday.
Non-payment or payment that is late of
In the event that you neglect to repay the mortgage because of the due date, you might incur interest at a consistent level of 15.25per cent. Continue reading