Before applying for an ECU Student Loan please read the information below.
With the aim of assisting you to successfully complete your course and in order to reflect ECU's commitment to improving students' financial situations the University offers interest free loans.
Loans are available for amounts between $500 and $1500.
To be eligible for an ECU Student Loan, at the time of your application, you must:
In addition to the above eligibility requirements, if you are applying for an ECU Student Loan, you may be required to provide:
You will be restricted from applying for an ECU Student Loan in the following circumstances:
In your ECU Student Loan application you will be required to advise ECU of your attempts to gain funding from other sources. Before applying for an ECU Student Loan it is preferred that you attempt to gain funding from agencies within the broader community. There are many organisations who may be able to provide you with funding, in fact, a number of banks and credit unions provide student loans.
ECU will consider your application for a student loan to assist with the following expenses. Please note that this list is not exhaustive nor does it justify immediate loan approval.
You will be required to enter into a loan agreement with ECU. Your loan agreement is interest free and will require you to make regular fortnightly payments and to repay the loan in full within twelve months. Your payments can be made either via Centrepay deductions from your Centrelink allowance/pension OR via direct debit from your nominated bank account.
If for any reason you cannot maintain your payments you MUST contact the Scholarships Office immediately. Your loan agreement is a legally binding document and you must remember that you have made a commitment to repay the ECU Student Loan. If you do not maintain your loan agreement an encumbrance may be placed on your student record and any outstanding loan balance and any additional cost to recover the loan may be referred to a debt collection agency.
You will be contacted within two business days of us receiving the supporting documentation for your application. Please ensure that your phone number(s) on your application are correct. If you would prefer us to contact you at a certain time, please include this in the free text areas of your application.
Yes, you can request a review or appeal if your ECU Student Loan application has been declined. A review or appeal must be lodged within ten days of the date of the letter notifying you, your application has been declined. For further information please refer to the Reviews and appeals page.
To apply you will need to:
Once you have submitted your completed application, a confirmation page will display, please print this page for your records. This page will show:
Lodge your supporting documentation within five business days of submitting your application. All documents must be submitted at your nearest Student Central. A Student Central staff member will view your documents and make copies to forward to the Scholarships Office.
If you are an off-campus student who lives outside the Perth/Bunbury metro area you will need to have your documents certified by a Justice of the Peace, before forwarding to the Scholarships Office.