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Vocational Loans

Flexible payment solutions for students that may otherwise be deterred by lack of government funding and upfront costs.

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Overview

We fund their upskilling, you grow their future

Vocational Loans play an important role when government funding is not available for certain career-advancing courses.

Available for courses valued between $2,001 to $20,000, Vocational Loans allow you to enrol more students by spreading their course costs over time by removing any upfront financial barriers. Our Vocational Loans have a competitive, personalised interest rate, payable by each student.

As an Australian Credit Licence Holder (ACL 498589) and trusted by educational institutions nationwide, our Vocational Loans offer a safe and simple student loan process that reduces administrative burden so you can focus on providing quality education.

Download Vocational Loans brochure
How it Works

Six easy steps to ZeeFi

Benefits

Here's what it means for you

Eligibility

Is your student eligible?

This pre-qualification checklist provides an indication of eligibility for Vocational Loans.

An Australian Citizen or Permanent Resident
An Australian Citizen or Permanent Resident
18 years or older (or 16 years old with parent applying on their behalf)
18 years or older (or 16 years old with parent applying on their behalf)
Holds an Australian bank account
Holds an Australian bank account
Employed full-time or part-time for at least six months before applying
Employed full-time or part-time for at least six months before applying
Can demonstrate capacity to service the loan
Can demonstrate capacity to service the loan
No foreseeable change to circumstances at time of application
No foreseeable change to circumstances at time of application
VOCATIONAL LOANS CALCULATOR

What might the repayments look like?


Repayments

Amount to borrow
$2,000

Course Length
3 months

Loan Term
6 months

Number of Drawdowns?
1
Calculate payments
Estimated monthly repayment amounts


Monthly payment due after 1st drawdown

$0.00

Frequently Asked Questions

Simply contact us and our Sales Team will get in touch to discuss the details.

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.

No, you don’t need to apply again if you’re already accredited with us. However, all our partners are subject to annual review as part of our compliance obligations.

Yes, as part of processing a student application, we run a credit check to confirm eligibility.

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) and the National Credit Code and we must meet ASIC’s requirements in relation to consumer lending.

Repaying the loan 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 any additional fees.

Yes, each student must have a regular income and be able to demonstrate their capacity to service the loan. They must be employed full time or part time for at least of 6 months before applying.

Testimonials
Book a Call

Let's grow enrolments together!

Fill out your contact details and we'll be in touch within 24 hours. If you're a student wanting to contact us, please email support@zeefi.io.

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Are you ready to get started?

We can’t wait to partner with you to grow your offering and grow your enrolments.