Loans

OS-HELP loans

OS-HELP is a Commonwealth Government loan program. It provides financial assistance to eligible Commonwealth Supported Place students, to undertake some of their study overseas. These loans will help students with a range of expenses, such as airfares, accommodation and other travel or study expenses.

The funds for OS-HELP loans are provided by the Department of Education but are administered by Monash Abroad.
The amount you borrow will be added to your accumulated HELP debt and will be repayable under the same conditions as your HELP debt.

How much
(in 2017)

  • up to A$6567 per six-month study period for study not in Asia
  • up to A$7880 per six-month study period for study in Asia
  • supplementary A$1050 to assist with the cost of language study, undertaken in preparation for overseas study in Asia

How many

  • a maximum of two OS-HELP loans in your lifetime

Any fees

  • no fees and no interest accrued on loans