Loans and Repayments

This page contains information about:

Loans

Loans are provided to help degree students pay for essential living and study expenses. Loans are:

  • Interest free
  • Available throughout the year
  • Up to $2000, or $1000 for International students
  • Repayable within 12 months or before completion of your degree (whichever comes first)
  • Repaid according to terms set out at time of loan approval
  • Available to enrolled undergraduate and postgraduate students
  • Subject to interview and approval by Director Student Support Services

Please click on the relevant link to find out what you can apply for:

All currently enrolled degree students
Loans repayable following completion

All currently enrolled degree students

All students currently enrolled in a degree course at the University of Sydney are eligible to apply for an interest free loan.

Local students may apply for a loan of up to $2,000.

International students may apply for a loan of up to $1,000.

Loans are repayable within 12 months or before graduation (whichever comes first). A loan repayment schedule is organized at the time of application.

Please note that loan agreements are legally binding and you are required to repay within the specific time frame.

Please see Loan Repayments below for more information.

To apply for an interest free loan, please fill in the application form below and make an appointment to see the responsible Officer by phoning 02 8627 8112.
The application process will take around 4 to 5 days.

Apply for Financial Support

Loans repayable following completion of your degree

There are also a number of specific loan funds available:

Arthur and Renee George Foundation

These interest free loans are available to full-time undergraduates who are:

  • citizens or permanent residents of Australia
  • enrolled in the final two years of their degree
  • enrolled in one of the following Faculties - Dentistry, Health Sciences, Medicine, Pharmacy or Veterinary Science

Loans are up to $2000 and repayable after graduation.

Please note that preference is given to students whose circumstances would cause difficulty in repaying loans before graduation.

Loans from the Arthur and Renee George Foundation are not available to assist with the cost of overseas placements.

Apply for Financial Support

SH MacCulloch Trust Fund

These interest free loans are offered to full-time students who are:

  • citizens or permanent residents of Australia
  • are enrolled in the final two years of the Graduate Medical Program (GMP)

Loans are up to $2000 and repayable after graduation.

Loans from the SH MacCulloch Trust Fund are not available to assist with the cost of overseas placements.

Apply for Financial Support

Clinical Years Bursary Fund - Elective Term Loans

These interest free loans are available for full-time undergraduate students who are enrolled in the Faculty of Medicine and choose to complete their Elective Term overseas.

Loans from this fund are to help students with expenses related to the compulsory Elective Term.

Loans are up to $1000 and repayable by the 30 June in the year after loan is taken out.

Download Clinical Years Bursary Loan Fund Application Form

Please note that the form needs to be filled out and submitted to the Scholarships and Financial Support Service before the 31 July each year.

Repayments

This section contains information about:



Loan Repayments

During your interview for financial assistance, you will organise a repayment plan with the responsible Officer.

Please note that once your loan has been approved and you have signed your Loan Agreement and Repayment Schedule, the terms of the loan and repayment are legally binding.

If you are unable to make a repayment as per your Repayment Schedule, you will need to before the due date. Please see Inability to Repay below for more information.

If you do not make repayments by the due date, and have not contacted us to arrange an extension, a suppression will be placed on your academic results, once you have fallen behind by 30 days on an installment or lump sum payment. Any suppression placed will not be lifted until the loan has been repaid in full.

Making repayments

Loan repayments can be made in the following ways:

  • Online at: www.epay.usyd.edu.au. You will need to have your monthly loan statement with you as you will need to enter the ‘loan repayment number’ that corresponds with the current payment. The loan repayment number is on your monthly loan statement. A credit card is required to make a payment online.
  • In person at:
    Cashiers Office
    Level 3
    Jane Foss Russell Building G02
    The Cashiers Office accepts cash, cheques, money orders, Bankcard, Visa or MasterCard and EFTPOS. When making a repayment in person, you can quote your student identification number or present your reminder slip.
  • By mail: with a cheque or money order made payable to the University of Sydney sent to:
    Cashiers Office
    Level 3
    Jane Foss Russell Building G02
    University of Sydney
    SYDNEY NSW 2006
    If you choose to mail your payment, include a note saying that the cheque/money order is in payment of a student loan and give your name and student identification number. If you would like a receipt, you must include your address and specify that you want a receipt sent out to you.



Inability to repay

If you cannot make a repayment by the agreed date it is essential that you contact the Scholarships and Financial Support Service before that date to renegotiate repayment arrangements.

For currently enrolled students, if your loan was awarded:
- prior to July 2014 please download, complete and return to our office the Extension of Loan Repayments Application Form.
- since July 2014 apply for a loan extension online in Sydney Student.

  • Log in to MyUni, using your UniKey and password, then click on the Sydney Student icon
  • Go to the My Finance tab and choose the link for Scholarships, Prizes, Bursaries and Loans
  • Choose the link Apply for Loan Extension and follow the prompts to complete your application

Your application will be assessed by the responsible officer and you will receive advice regarding the outcome within 4 - 7 working days.

If you are not a currently enrolled student, or if you are already late with your repayment, please telephone us on 8627 8112 or email for further advice.

Please note that any late payments will result in a suppression being placed on your academic results, and possibly other sanctions affecting your enrollment. Suppressions are not lifted until the loan has been repaid in full, so please contact us before the repayment becomes overdue.

Any unpaid loans may be referred to a credit collection agency for recovery. If legal action is required to recover the debt, you will be liable for legal fees.