10.72%
12.08%1
Bank First has partnered with Ducere Global Business School to provide a discounted, low fee student loan especially designed for their Bachelor Degrees.
An Australian Citizen or Australian Permanent Resident
Enroled in the Ducere Bachelor program
As a customer-owned bank, we offer low fee loans with competitive rates and the ability to tailor the repayments to suit your needs.
Two scenarios of estimated repayments are outlined below, based on a $15,000 enrolment fee.
Scenario 1 is based on a Bachelor student borrowing the full enrolment fee.
Scenario 2 is based on a Bachelor student being supported by their employer who pays half the enrolment fee and hence, only needs to borrow $7500.
Scenario 1 | Scenario 2 | |
---|---|---|
Loan Amount | $15,000 | $7,500 |
Loan Term | 5 years | 5 years |
Interest Rate | 10.72% (12.08% comparison rate1) | 10.72% (12.08% comparison rate1) |
Estimated repayments per week | $75 | $38 |
Loan Repayments
Principal & interest repayments.
Security
Student loans may require security, but we assess it on a case by case basis.
Loan Amount
Total loan amount cannot exceed $15,000.
Eligibility criteria
Applicants must be Australian Citizens or Australian Permanent Residents.
Applicants must be in full time employment, in a sound financial position and able to service loan repayments.
You will be requested to provide certain supporting documents during the loan assessment process. One of our loan assessors will contact you to provide an email address to send the following (please have these documents scanned and ready to go):