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No middlemen, no running around. You deal directly with us from application through to repayment.
When the course starts before payday…
Education Loans
for the costs around studyA course deposit, a laptop that has to run the software, or uniforms due on Monday. A CashnGo education loan of up to $5,000 can cover the extras around study, with repayments that sit next to your pay cycle.
Choose your loan amount
$300
Choose your repayment term
$16.62/week
$33.23/fortnight
4.8/5 8,873 Reviews
4.9/5 6,960 ReviewsThis calculator provides indicative interest rate and repayment estimates across CashnGo's lending products for general guidance only. It does not constitute an offer of credit. Actual loan terms, rates, and fees may vary based on your circumstances, our credit assessment, and responsible lending obligations.
- Quick, not rushed Apply online in about five minutes. Most people receive an outcome in seconds; some applications need a closer look.
- A licensed direct lender You deal with CashnGo from application to final repayment — no broker or lead-selling middleman.
- Know the cost first Your fees, repayment schedule and total are shown before you decide whether to sign.
Education Loans
The bits HECS does not pay for
An education loan here is a short personal loan for study costs that sit outside HECS-HELP: a short-course fee, TAFE materials, textbooks, a laptop, tools for an apprenticeship, or school uniforms and an excursion that landed in the same fortnight.
CashnGo lends up to $5,000. It will not replace a university HELP loan, and it should not. It is for the practical extras that decide whether you can actually start.
Enrol, then spread the kit and the fees
Use the course invoice or the school list, not a guess. Borrow for what you need this term, leave room for rent, and get on with the first week instead of waiting on the next pay.
What is an education loan at CashnGo?
It is an unsecured personal loan used for education-related costs. Government HELP loans remain the usual way to defer eligible higher-education tuition. CashnGo is the smaller, faster option for costs HELP does not cover, or for short courses that are not on that system.
Whether you take a Small Loan of $2,000 or less or a Medium Loan of $2,100 to $5,000, both are assessed on your current income and expenses. Being a student does not change the price; affordability still does.
Study costs with a finish line
The best education loan has a clear invoice: this course, this laptop, this term’s books. If the gap is every semester and growing, a short-term loan will not keep up. Talk to the provider about payment plans, scholarships or concession fees first.
You can repay early at no extra cost if a tax return, a new job or family help lands mid-term.
Applying for Education Loans
From the booklist to a repayment plan
Add up the study costs in front of you, choose that amount, apply online and review the offer before you enrol.
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Quick & easy application
Apply online in around five minutes. We’ve kept the questions simple and the unnecessary paperwork out of the way.
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Safe & secure
Your information is handled securely and confidentially, so you can apply with confidence from wherever you are.
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A quick decision
Our smart technology assesses your application quickly, so you can get an outcome in seconds where possible.
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Fast funds
Once approved, we’ll transfer your funds within seconds. Depending on your bank, it may take a little longer to arrive.
Education Loans rates, fees and features
Compare our Small Loan and Medium Loan side by side. The amount, term and full cost offered to you will be shown before you sign.
Small Loans $300 – $2,000 Fee-based, so there is no interest and no APR
Loan term
62 to 180 days, which is roughly 3 to 6 months
Establishment fee
20% of the amount you borrow
Monthly fee
4% of the amount you borrow, every month
Interest rate (APR)*
Does not apply. These loans are fee-based only, so the APR is not applicable
Maximum comparison rate**
Does not apply
What that looks like
Borrow $1,000 over 3 months and you repay $1,320 — your $1,000 back, a $200 establishment fee and $120 in monthly fees
Usually used for
Car repairs, a vet bill, a rent gap or a bill that landed before payday
Medium Loans $2,100 – $5,000 One establishment fee plus a capped interest rate
Loan term
3 to 12 months
Establishment fee
$400, charged once
Monthly fee
None. Interest applies instead
Interest rate (APR)*
Up to 48% p.a.
Maximum comparison rate**
65.6597% p.a.
What that looks like
Borrow $3,000 over 12 months and you repay $4,289 in total, including the $400 establishment fee
Usually used for
Larger one-offs like a used car, a house move or dental work
We're with you
Simple finance for the next step
An easy online process, clear costs and real help when you need it. CashnGo has received five ProductReview.com.au awards in six years.
How It WorksWe could brag. But our customers do it better
See Reviews and FeedbackEducation Loans questions, answered
How education loans differ from HECS, what they cover, and who can apply.
No. HECS-HELP is a government loan for eligible higher-education tuition, repaid through the tax system. CashnGo is a private personal loan of up to $5,000 for other study costs, repaid on a schedule you agree up front.
Short-course and TAFE fees, textbooks, uniforms, tools, a laptop or software, school extras and similar one-off study costs. Ongoing living expenses while you study may not be a suitable purpose.
Yes, if you are at least 18, an Australian citizen or permanent resident, and you have a regular income we can assess. Centrelink as part of your income can be considered; we still check that repayments fit.
No. Approved funds go to your bank account. You pay the provider, the bookstore or the laptop retailer yourself.
Up to $5,000, depending on the cost, your income and existing commitments. First-time customers may be offered a lower starting amount.
About five minutes online, with many people receiving an outcome in seconds. Some applications take longer. We send approved funds after you sign; your bank controls when they arrive.