The University of Newcastle, Australia

Financial assistance

There are options to help you cover the costs of study:

Student loans

Along with the range of loans provided by the Australia Government, the University offers interest-free loans to both domestic and international students whose continued study might be placed in jeopardy without additional assistance.


Applications for loans will only be considered from students who:

  • are currently enrolled.
  • have completed at least one semester of study.
  • are in good academic standing.
  • do not have any outstanding debts owed to the University of Newcastle.
  • demonstrate genuine financial hardship where continued study might be placed in jeopardy.
  • demonstrate their ability to meet the required loan repayments.
  • ensure that a loan will not put them in further financial difficulty.

Loans will not be issued for:

  • Expenses not directly associated with essential course-related endeavours.
  • The purpose of income support where a student has failed to investigate part-time employment to support their studies.
  • University fees or fines, including payment plans and tuition fees.

Important: When students are unable to make loan repayments according to the agreed schedule there are important consequences that they need to be aware of. Consequences may include holds being placed on all student accounts and referrals to debt collection agencies for external review.

Maximum loan amount

Eligible students may borrow up to $2000 in an academic year.

How to apply

To apply for financial assistance, please email or hand deliver your completed documentation to the student loans and welfare office or into the Student Support Office (SC2-12).  Once the documentation is returned, the Student Loans and Welfare advisor will contact you if a meeting is required or more documentation is needed or to inform you of the outcome of your application.

Please apply by providing the following:

  • A completed copy of the Financial Assistance Application Form (PDF, 418.30KB).
  • Two forms of ID including your student card.
  • Current Bank Statements (all accounts you hold, full month of transactions).
  • Centrelink/Income Statement and/or three payslips or payment advice from employers.
  • Valid evidence of costs (bills, rent receipts, housing bonds, textbook quote etc. - we cannot provide funds without valid evidence of costs).

Important: Please be reminded that if you are approved for a student loan there is a minimum waiting period of seven to 10 days from the date of approval before the funds will be dispersed to your nominated financial institution. Applications are assessed two days per week. While we understand that your application may be of an urgent nature, unfortunately this timeframe is not negotiable.

For further information see our Student Loans Scheme procedure.


If you are a domestic student, you may also be eligible for one of two grants:

  • Student Hardship Grant: provided to help with accommodation costs, basic living costs (including medical), textbook and course material/equipment costs and transport costs for students experiencing extreme financial hardship.
  • Student Placement Grant: available for those required to complete a practical component as part of their degree. These grants are provided to cover costs directly associated with placements. Students may be granted $300, $500 or $750. This may also include grocery and/or petrol vouchers.

To find out if you are eligible, and to apply, see the Financial Assistance Application form:


The University offers a range of scholarships to help you with the costs of study. These include scholarships for students experiencing financial hardship, scholarships for academic and sporting excellence, as well as scholarships specifically for Indigenous and international students.

To see what kind of scholarship you may be eligible for, visit our dedicated scholarships page.

Find a scholarship

The Australian Government supplies cost-of-living allowances for eligible full-time students via Centrelink.

Support you may be entitled to includes:

  • Youth Allowance: for students aged 16-24 years.
  • Austudy: for students aged 25 years and over.
  • Abstudy: for students of Aboriginal or Torres Strait Islander descent.

The amount you will receive depends on variables such as your income and assets. However these are payments, not loans – you are not required to pay them back.