Student/Apprentice Loans

$2,000 - $10,000 (protected)1
Interest rate
14.95 % p.a
Comparison rate
16.77 % p.a*
$2,000 - $10,000 (unprotected)
Interest rate
18.95 % p.a
Comparison rate
20.82 % p.a*
$10,000 + Unsecured / Fully Secured (protected)1
Interest rate
11.95 % p.a
Comparison rate
12.33 % p.a**
$10,000 + Unsecured / Fully Secured (unprotected)
Interest rate
15.95 % p.a
Comparison rate
16.35 % p.a**
$10,000 + Fully Secured (protected)1
Interest rate
8.95 % p.a
Comparison rate
9.32 % p.a**
$10,000 + Fully Secured (unprotected)
Interest rate
12.95 % p.a
Comparison rate
13.34 % p.a**

*This comparison rate is based on a loan of $10,000 loan over 3 years.
**This comparison rate is based on a loan of $30,000 loan over 5 years.
WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different comparison rate.

We recognise that while you are studying or undergoing training for current or future employment, being able to afford things is tough. During this time of your life, the Student/Apprentice Loan offers a discounted interest rate to help you achieve your dreams.

Our Student/Apprentice Loan is available on a secured or unsecured basis giving you the choice to use the funds for almost anything, whether you are buying a car, taking a holiday or consolidating your debts.

Features and Benefits:

  • Discounted interest rates
  • No penalty for extra payments or early payout
  • No monthly fees
  • Free online and mobile banking redraws

Key Features:

Available to Individuals
Minimum loan amount $2,000
Maximum loan amount $75,000
Loan Period Up to 5 years
Repayments Monthly / Fortnightly / Weekly
Additional Repayments Yes without penalty
Redraw Facility Yes
Application Fee $250
Monthly Fee No
Loan Repayment Insurances Available2

Fees and Charges

How to get your loan approved quickly


Credit eligibility criteria, terms and conditions, fees and charges apply.
2Protected means you have chosen to protect your loan with Consumer Credit Insurance (CCI). You can choose to protect your loan with (CCI) which is designed to meet your loan obligations and provide you with the security that your major commitment will be take care of in the event of certain unforeseen circumstances including unemployment, sickness and accident, trauma and life.
This is general information only and does not take into account your individual objectives, financial situation or needs. Before making decisions about any of these insurance products you should consider the appropriateness of the information having regard to your circumstances and the applicable Product Disclosure Statement (PDS), available at any Capricornian branch, or by calling 1300 314 900. The Capricornian Ltd Australian Credit Licence/AFSL 246780.