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Unlocking business growth for education providers
Study Now Pay Later removes the financial barriers that stand in the way of enrolling students who want to study with you.
Available for courses valued between $500 to $20,000, Study Now Pay Later is a flexible, interest-free payment solution that allows you to get paid upfront, while students spread their course cost for up to 36 months. This means you enjoy increased cashflow while your students receive stress free funding.
As an Australian Credit Licence Holder (ACL 498589) and trusted by educational institutions nationwide, Study Now Pay Later is a safe and simple service that enables quality education to more people.
How it Works
Five easy steps to ZeeFi
Step 1: Get accredited
Step 2: Receive unique application link
Step 3: Students apply
Step 4: Request fund
Step 5: Study commences
Here's what it means for you
Release working capital
Safe and simple
Is your student eligible?
This pre-qualification checklist provides an indication of eligibility for Study Now Pay Later.
An Australian Citizen or Permanent Resident
18 years or older (or 16 years old with parent applying on their behalf)
Holds an Australian bank account
Employed full-time or part-time for a minimum of six months before applying
Can demonstrate capacity to service the payment plan
No foreseeable change to circumstances at time of application
STUDY NOW PAY LATER CALCULATOR
What might the repayments look like?
Amount to borrow
Payment plan term
Estimated monthly repayment amounts
First Direct Debit
Ongoing Direct Debit
Frequently Asked Questions
Once we have your application and the required information, your accreditation can be confirmed very quickly.
The financial wellbeing of you and your students is our main priority. As such, accreditation involves assessing your business, including your financial position for the past financial year. This is an ASIC requirement and it’s also a health check to ensure that our services are the best fit for you and your students.
If you’re a Payment Assist partner looking to sign up for Study Now Pay Later (SNPL), you might need to provide us some more details about your business.
Yes, we provide regulated consumer loans under our Australian Credit Licence 498589. In doing so, we must comply with the National Consumer Protection Act 2006 (Cth), the National Credit Code and we must meet ASIC’s requirements in relation to consumer lending.
Repaying the plan is as easy as setting up a weekly, fortnightly or monthly direct debit. If your student misses a payment, they need to call us ASAP to avoid additional fees.
Yes, each student must have a regular income and be able to demonstrate their capacity to service the payment plan. They must be employed full time or part time for at least 6 months before applying.
“ZeeFi SNPL is the right solution for us. It's relevant to our students; the right people and the right focus on education with a customer service facing team. We value that.“