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 386010) 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.
How it Works
Six easy steps to ZeeFi
Step 1: Get accredited
Step 2: Set course and drawdown parameters
Step 3: Receive unique application link
Step 4: Students apply
Step 5: Study commences
Step 6: Receive payment
Here's what it means for you
Service you can trust
Convenient and simple
Is your student eligible?
This pre-qualification checklist provides an indication of eligibility for Vocational Loans.
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 at least six months before applying
Can demonstrate capacity to service the loan
No foreseeable change to circumstances at time of application
VOCATIONAL LOANS CALCULATOR
What might the repayments look like?
Amount to borrow
Number of Drawdowns?
Estimated monthly repayment amounts
Monthly payment due after 1st drawdown
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.
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 386010. 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.
"We were in need of a finance provider who understood the education sector well and offered both competitive finance options and excellent communication, and ZeeFi delivered exactly that."