Special offer to NAB employees to make it easier to manage education costs.
Special offer to NAB employees to make it easier to manage education costs.
Choose the payment schedule that works for you. You can adjust your repayments or cancel at any time with no fees or charges.
You can use Edstart for school fees, uniforms, laptops, excursions, extracurricular activities, and other education expenses.
We take care of your school fee payments so that you and your family can focus on getting the education you want.
Whether it’s your kids’ school fees or course fees to help you further your development, our flexible payment plans can help you spread large upfront costs into more manageable payments.
Receive a $250 cashback when you use Edstart to pay education fees of at least $10,000 per annum.
1% off standard interest rates when using Edstart Extend to spread your costs over an extended period.
Program benefits are available to all current employees across the National Australia Bank Group.
Smooth your fee payments across the school year for up to 12 months.
Interest free
Transaction fee: 3.9%
No account keeping fee
Edstart pays your school every term or semester
Lower your annual payments by spreading them over a longer period.
Interest rate: 4.9% to 11.9%
Transaction fee: 3.9%
No account keeping fee
Edstart pays your school every term or semester
Extend repayments for up to 5 years after finishing school
Pay weekly, fortnightly or monthly
Apply at any time during the year
Change or cancel at any time with no charges
No need to reapply for future years
Once you've been approved and we've set-up your Edstart account, simply send your invoice or statement to us. We will then organise payment on your behalf usually a week before the due date.
Your repayments to Edstart will then occur weekly, fortnightly or monthly from your nominated bank account. You can choose whichever payment frequency and start date that suits you best.
Unlike a traditional loan, Edstart provides customised payment plans that cover all current and future education costs. This means you don’t end up borrowing more than you otherwise may need or have to get a new loan each year.
You only pay for what you use, and you have the flexibility to make adjustments and cancel anytime with no penalty.
You can make extra repayments or repay your entire balance at any time using your personalised BPay reference (provided on each Edstart statement). There are no fees, charges, clawbacks or penalties for early repayment.
Any extra payments will be applied to your Edstart account immediately, thereby reducing any interest costs that may apply.
Edstart holds a credit licence issued by ASIC and maintains full compliance with all regulatory requirements. We are a local and specialised provider founded by a passionate team of Australian education and finance specialists.
Please note that cashback is provided when your first education expense has been funded by Edstart but will be reversed if less than $10,000 in total is funded within 12 months.