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Deakin University

Deakin interest-free student loan

Interest-free loans of up to $2,000 for Deakin students in financial difficulty, for textbooks, equipment, technology and placement costs.

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Up to $2,000

Up to $2,000 at any one time.

Who can get it

  • Currently enrolled Deakin student (domestic or international) living in Australia.
  • Experiencing financial difficulty affecting your study.
  • Progressing satisfactorily and able to repay.

How to claim

  1. Complete the single financial assistance form with photo ID, three months of bank statements and income and expense details.
  2. You can expect to hear within 3 business days.

Conditions and catches

  • Loans of $501 to $2,000 need a guarantor. First-year, first-study-period students need one for any loan.
  • Must be repaid within two years. Can't be used for tuition.

What the source says

Exact words quoted from the official page when we checked it. Last checked 14 Oct 2026.

Loans of $501–$2000 must have a guarantor
deakin.edu.au
The maximum loan amount is $2000 at any one time
deakin.edu.au