Loan amounts
Loan amounts outside Asia
If you are studying outside of Asia, you can apply for one of the following loan amounts.
| Year | Loan option | Loan amount |
|---|---|---|
| In 2026 | Option 1 | $4,000 |
| Option 2 | $6,000 | |
| Option 3 (Maximum Loan Amount) | $8,442 | |
| In 2027* | Option 4 (Maximum Loan Amount) | $8,745 |
Loan amounts in Asia
If you are studying in Asia, you can apply for the following loan amounts, and an optional Asian language supplementary loan* (conditions apply).
| Year | Loan option | Loan amount | Optional language supplementary loan* |
|---|---|---|---|
| In 2026 | Option 1 | $4,000 | $1,345 |
| Option 2 | $6,000 | $1,345 | |
| Option 3 | $8,000 | $1,345 | |
| Option 4 (Maximum Loan Amount) | $10,130 | $1,345 | |
| In 2027* | Option 5 (Maximum Loan Amount) | $10,494 | $1,393 |
*Please note, if you apply for the NEW maximum loan amount for 2027, your application can only be assessed and paid in 2027.
For short programs commencing in January 2027 and finishing in January or early February 2027, there is no guarantee that Monash Abroad can arrange your loan payment in time prior to your program completion. Therefore, we recommend that you do not apply for the 2027 maximum loan amount. OS-HELP loans cannot be paid after the completion of the overseas program. You should apply for a lower loan amount or the 2026 maximum loan amount and be assessed and paid in 2026.