School fees made easy

Flexible payment plans to help align education costs with your family budget

School fees made easy

Flexible payment plans to help align education costs with your family budget

All your school fees in one simple payment plan

Weekly, fortnightly or monthly options

Choose the frequency that fits your pay cycle. Payments run automatically with helpful reminders so you know when your payments are due.

Flexibility to move payments as you need

We know life happens. You can easily change your payment date online if you need to.

A support team in your corner

School fee conversations can be tough. Our family support team understands parenthood firsthand, and they’re here to help.

Payment plan options

Edstart Pay

Interest-free plan to spread your fees for up to 12 months.

Edstart will pay your school fees when they're due every term

Spread your repayments in weekly, fortnightly or monthly instalments

Change or cancel your plan at any time with no additional cost

Your plan can be used for future years and there's no need to reapply

No interest charges

Transaction fee: 3.9%

The transaction fee is charged each time we pay your invoice.

Edstart Extend

Lower your annual payments by spreading them over a longer period

Your plan will cover all current and future fees, as well as if you have any overdue fees

Extend your repayments for up to 5 years beyond graduation

Edstart will pay your school fees when they're due every term

Spread your repayments in weekly, fortnightly or monthly instalments

Interest rate: 6.9% to 12.9%

Transaction fee: 3.9%

Interest is only charged on the balance of your Edstart account.

Interest rates are personalised based on each applicant's credit profile and we reward your good credit history with a better interest rate.

Getting into the details

How does an Edstart payment plan work?

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.

How is Edstart different from getting a traditional loan?

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.

Can I repay some or all of my balance early?

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.

Is Edstart regulated by the government?

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.

How do the interest rates, fees and charges work?

Our products have simple fee structures that are easy to manage. You can find details about the applicable fees and charges on our dedicated website for your school or education provider.

You can also obtain an instant estimate online which provides full details of all interest rates and any other fees and charges which may be applied. The estimate is entirely free, will not impact your credit history and there is no obligation to proceed.

Since Edstart issues continuing credit contracts, it is not possible to calculate a comparison rate for Edstart products.

Are fees and interests included in my repayment amount?

Yes, your repayment amount includes any applicable fees and interest charges.

What is Edstart's Target Market Determination?

Edstart’s Target Market Determination for each product is linked below:

See other FAQs

How to apply

1

Free online calculation

Calculate a payment plan for your fees and complete a quick online application. This will not impact your credit score.

2

Receive a personalised offer

Our team will then review your details and tailor a plan to cover your current and future education costs.

3

We take care of your fees

Once your account is set-up, simply forward your invoice to us and we'll organise payment to the school.

Get started