Student Loans

CQUniversity Student Loan Scheme

CQUniversity Student Loans are available to students to assist with study or living related expenses incurred during study. These loans are interest-free and intended to provide an alternative option to high-interest loans from other providers. The maximum loan amount available is $1000.

Loans are available to domestic students who are enrolled and actively studying in a CQUniversity diploma (including VET), undergraduate or postgraduate course and have successfully completed at least one term of study. Student Loan Applications will only be considered if you are actively studying at the time of submitting your application (applications submitted during the academic term in which you are enrolled).

Loans will only be approved where the applicant can comfortably demonstrate their capacity to repay the loan in the time specified. Repayment terms are $50 per fortnight commencing 14 days after funding of the loan. Loans cannot be used for the purchase of vehicles, fines or fees, tuition or other capital expenditure.

Student Loans will not be approved in situations of financial hardship. Students experiencing financial difficulties are encouraged to consider applying for a CQUniCares Emergency Grant if the situation is unexpected and/or an emergency.

CQUniversity offers a range of scholarships and bursaries tailored to meet the diverse needs and circumstances of our students. Many scholarships have been designed to specifically assist students studying from particular regions, courses or to support students from disadvantaged or low-income backgrounds. Scholarships can assist students to balance their work/family/study commitments by taking some pressure off the finances. Visit the Scholarships page for more information about how to apply.

The Student Loan application requires supporting documentation in order to be assessed. Please check all relevant points on the checklist before submitting your loan application.

To apply for a Student Loan, please complete the Student Loan Scheme Application Form and submit with your supporting documentation (see Application Form) to

For information about eligibility for a student loan, refer to the CQUniversity Student Loan Scheme Policy'. If you have further queries, please email or phone 13 27 86.


The No Interest Loan Scheme (NILS) provides individuals and families on low incomes with access to safe, fair and affordable credit.

Loans are available for up to $1,500 for essential goods and services such as fridges, washing machines and medical procedures. Repayments are set up at an affordable amount over 12 to 18 months.

To be eligible for NILS you must have a Health Care or Pension card or earn less than $45,000 a year after tax ($60,000 for joint applicants or people with children). Loans cannot be used for cash, rent arrears, debt consolidation, holidays or bills.

NILS is offered by 178 local community organisations in over 600 locations across Australia. Chances are there’ll be a local NILS provider near you.


StepUP is a low interest loan for people on low incomes who have difficulty accessing credit from a bank. You can borrow from $800 – $3,000 with up to three years to pay it back. There are no fees.

Microfinance workers will help you to collect the documents you need, complete the application and help make sure that you can afford to repay your loan. Loans can be held in individual or joint names.

These loans are to help people to improve their quality of life and are provided on a not-for-profit basis.