School-Based Student Loans
Your school's financial advisers are the best sources of information concerning school-sponsored student loans. Here are some of the typical school loans in Australian colleges and universities:- Tuition Fees Loans.
See your school's financial adviser for reference. - Emergency Loans.
The amenities fee you pay each school year forms part of the funding of this loan. The purpose of this loan is to provide assistance to students who have temporary financial setbacks. - Loan Fund for Students Special Assistance.
These are loans funded by the Australian Government, which were allocated among schools, for students who may either be Australians or foreign students who are on permanent status. - Student Aid Loan Programme.
In 1987, Swinburne staff created a fund to assist students who are eligible and who are Australian citizens, including those on permanent status. These loan funds are basically for living allowance and educational needs. Known as "The Swinburne Student Aid Fund", its funding comes mainly from donations of its members. You should have a guarantor for this type of student loan and your school has to make a report on your progress.
School based student loans are to answer short-term emergencies in income and expenses and for setting up school budget at the beginning of the year. The loans are basically for living expenses and educational needs.