Answers for your questions
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For Education Providers
ZeeFi Brand
We rebranded to solidify our position as a fintech partner of choice in the education sector. We needed a brand identity that speaks to what we stand for – speed, ease and, of course, finance. Additionally, this branding helps define the strength of our unparalleled sector expertise, along with our comprehensive suite of innovative fintech solutions tailored specifically to the needs of the education sector.
The name ‘ZeeFi’ suggests speed and simplicity, while strongly signalling finance. It represents our commitment to zipping up the gap between students and education providers, enabling both personal and professional growth.
We have changed our name to ‘ZeeFi’, introduced a new logo and changed our brand’s look and feel.
Our core point of differentiation from competitors is our specialisation in finance for the education sector. We understand the unique needs of education providers to grow opportunities and drive enrolments. Accordingly, we have designed a gamut of innovative finance solutions catering to the specific requirements of this sector.
We will be known as ‘ZeeFi’ from 21 February 2022.
No, all contracts concluded under the former name of ‘Study Loans’ will remain unchanged. Any contract due for renewal will be updated with our new name. If you have any queries related to your agreement, please reach out to us at support@zeefi.io
If students have an existing contract with us, they will be notified about the change directly and will receive continued support throughout their journey with us. Our new logo and updated marketing collaterals for students are all available for you to access on our Partner Resources page.
Apart from updating your marketing assets and website with our new logo, brand narrative and collaterals, no other action is required.
No, we will continue to offer our comprehensive suite of finance and payment plans to education providers and their students. If you have any queries regarding our product offerings, please reach out to us at support@zeefi.io
Yes, the partner portal remains the same with some cosmetic updates.
No, there is no change to your partner portal login details. However, if you tried resetting your account password, but didn’t receive the “Reset Your Password” email, follow this guide to help you troubleshoot the issue.
Only the brand name has changed. Payment details remain the same. You will be notified again via email when any financial transactions take place.
No, you will continue to be supported by the same contacts. Our employees will have new email addresses but – don’t worry – if you send something to one of our old email addresses, we will still receive it.
For more information on ZeeFi or any further queries you may have, write to us at support@ZeeFi.io
Study Now Pay Later
To get started, contact us and our Sales Team will get in touch to discuss the details.
Once we have your application and the required information is supplied, accreditation can be confirmed very quickly.
Your students’ and your financial wellbeing is our primary goal. As such, accreditation involves an assessment of your business, including your financial position for the past financial year. In addition to this being a requirement of our regulator, ASIC, it’s 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, you may need to provide more details about your business.
Yes, ZeeFi provides regulated consumer loans under our Australian Credit Licence 386010. In doing so, we must comply with the National Consumer Protection Act 2006 (Cth), the National Credit Code and 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 direct debit payment, it is important that they call ZeeFi ASAP to avoid any further fees.
Yes, your 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 a minimum of 6 months prior to applying.
Payment Assist
To get started, contact us and our Sales Team will get in touch to discuss the details.
Once we have your application and the required information is supplied, accreditation can be confirmed very quickly.
Your students’ and your financial wellbeing is our primary goal. As such, accreditation involves an assessment of your business, including your financial position for the past financial year. In addition to this being a requirement of our regulator, ASIC, it’s a health check to ensure that our services are the best fit for you and your students.
No, if you are already an accredited partner of ZeeFi, you do not need to apply again. However, all Education Partners are subject to annual review to ensure compliance.
Yes, ZeeFi provides regulated consumer loans under our Australian Credit Licence 386010. In doing so, we must comply with the National Consumer Protection Act 2006 (Cth), the National Credit Code and must meet ASIC’s requirements in relation to consumer lending. However, the Payment Assist product is not intended to be a credit facility and is not regulated under the Act or the Code.
Repaying the plan is as easy as setting up a fortnightly or monthly direct debit. If your student misses a direct debit payment, it is important that they call ZeeFi ASAP to avoid any further fees.
Yes, your 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 a minimum of 6 months prior to applying.
Vocational Loans
To get started, contact us and our Sales Team will get in touch to discuss the details.
Once we have your application and the required information is supplied, accreditation can be confirmed very quickly.
Your students’ and your financial wellbeing is our primary goal. As such, accreditation involves an assessment of your business, including your financial position for the past financial year. In addition to this being a requirement of our regulator, ASIC, it’s a health check to ensure that our services are the best fit for you and your students.
No, if you are already an accredited partner of ZeeFi, you do not need to apply again. However, all Education Partners are subject to annual review to ensure compliance.
Yes, as part of processing the student application, we will run a credit check to confirm eligibility.
Yes, ZeeFi provides regulated consumer loans under our Australian Credit Licence 386010. In doing so, we must comply with the National Consumer Protection Act 2006 (Cth), the National Credit Code and 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 direct debit payment, it is important that they call ZeeFi ASAP to avoid any further fees.
Yes, your 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 a minimum of 6 months prior to applying.
For Students
ZeeFi rebranding for Students
We have rebranded to solidify our position as a fintech partner of choice in the education sector. To define the strength of our unparalleled sector-expertise and comprehensive suite of innovative fintech solutions tailored specifically to the needs of the education sector, we needed a new brand that speaks to what we stand for – speed, ease and of course, finance.
The name ‘ZeeFi’ suggests speed, simplicity and signals finance strongly. It represents our commitment to zipping up the gap between students and education providers, enabling personal and professional growth.
We have changed our name to ZeeFi, introduced a new logo and changed our brand’s look and feel. Click here to check out our new brand identity
Our core point of differentiation from competitors is our specialisation in finance for the education sector. We understand the unique needs of students who are working while pursuing education and provide tailored financial solutions specific to these needs.
We will be known as ZeeFi from 21 February 2022
No. All contracts concluded under the former name of Study Loans will remain unchanged. If you have any queries related to your agreement, please reach out to us at support@ZeeFi.io
No, the rebranding does not impact existing payment plans.
No, you can only enrol into a course through your preferred education provider.
Yes, the student portal remains the same with some cosmetic updates.
No, there is no change to your student portal login details.
No, apart from the brand name, nothing else has changed. You will receive finance transaction notifications from ZeeFi now.
You can apply for future courses and ZeeFi’s funding through your chosen course provider, as long as they are a trusted ZeeFi education partner.
Yes, ZeeFi provides regulated consumer loans under our Australian Credit Licence 386010. In doing so, it must comply with the National Consumer Protection Act 2006 (Cth), the National Credit Code and must meet ASIC’s requirements in relation to consumer lending.
For more information on ZeeFi or any further queries you may have, feel free to write to us at support@ZeeFi.io
Study Now Pay Later
Study Now Pay Later is available for course payments between $2,001 and $20,000.
If everything is supplied upfront, it can take under 30mins to process your application.
Yes, as part of processing your application, we will run a credit check to confirm eligibility.
Yes, they are. We are limited to a read-only access of your statements. We cannot make any transactions or view your passwords. Illion is independently tested and audited by external security experts and encrypted with bank-level security and is used by many banks and non-bank lenders.
Yes, ZeeFi provides regulated consumer credit under our Australian Credit Licence 386010. In doing so, we must comply with the National Consumer Protection Act 2006 (Cth), the National Credit Code and must meet ASIC’s requirements in relation to consumer credit.
No, ZeeFi pays your education provider directly.
You’ll pay a minimal monthly management fee. However, an arrears fee is applicable if the account is overdue and a dishonour fee for each dishonoured payment. Please refer to the Target Market Determination document available on our website.
Repaying your plan is as easy as setting up a weekly, fortnightly or monthly direct debit. If you miss a direct debit payment, it is important that you call ZeeFi ASAP to avoid any further fees.
Yes, you must have an income. It can be part time, full time, casual or self-employed.
A credit score is a number (between 0 and 1,200) generated by a credit bureau. Your score reflects your borrowing history and if you pay your bills on time – which helps lenders determine how likely you are to repay any credit.
Refer to our Credit Scores 101 guide to understand your credit score and how to improve it.
You can submit your 90 days bank statements via bankstatements.com.au. We use this secure service provided by Illion (formerly Dun & Bradstreet) – a national credit reporting agency. When you login with your bank details, we can’t see them and neither can anyone else.
Vocational Loans
Anyone who is:
- 18 years of age or older (or 16yo and older if a Parent/Guardian applies)
- Australian Citizen or Permanent Resident
- Earning an excess of $25,000 per annum with a good credit history
You can apply for your Vocational Loans via your Education Provider.
All you need to apply for a loan:
- Medicare Card
- Passport or Driving Licence
- Employment Details
- Income and Expenses Details
- Bank Details
Unlike a typical personal loan which you borrow all at once, ZeeFi’s loan allows you to borrow up to a limit and more importantly only use what you need when you need it. This means lower repayments and lower interest.
No, ZeeFi pays your education provider directly.
Yes, you must have an income. It can be part time, full time, casual or self-employed.
Let’s explain by using an example: If you are approved for a loan of $4,000, it means you are able to borrow up to that amount to pay for your course.
We release the funds in stages to your education provider, so you don’t pay for your course all at once – and these stages are what we refer to as ‘drawdowns’.
Therefore, your repayments will start low and only increase as each drawdown is released – we’ll take care of this for you.
Yes, you can pay off at any time and no early repayment fees apply.
A credit score is a number (between 0 and 1,200) generated by a credit bureau. Your score reflects your borrowing history and if you pay your bills on time – which helps lenders determine how likely you are to repay any credit.
Refer to our Credit Scores 101 guide to understand your credit score and how to improve it.
Loans can be repaid weekly, fortnightly or monthly via direct debit from your nominated bank account. To help you stay organised, we’ll also send you a reminder the day before repayments are due to come out of your account.
Yes, ZeeFi allows a parent or guardian of a child seeking a loan for education to be able to take out a loan to fund their child’s education. This will be beneficial for those students who are currently not earning over $25,000 per annum but have a parent or guardian willing to take out the loan in their name.
