What is a student?

A student doesn't come in a one-size-fits-all kind of package.

Whether you are the teacher's pet or it's more your style to sit at the back of the class, regardless of whether you are young or perhaps just young-at-heart, you're studying and you have expenses.

If you’re enrolled in uni, TAFE or any other adult education course, consider a Nimble Student Loan to help support your studies. 

Why you might need a personal student loan

Students are notorious for living the budget lifestyle - we’ve all been there, living off 2-minute noodles to support the big textbook bills and after-class drinks.

Not to mention, that side gig you have serving burgers to help pay the rent, isn't quite earning you the big bucks to upgrade your tech.

Line your pockets with a little extra cash with a Nimble student loan and knock over those big costs, so you can focus on keeping your head down in the books and taking a well-earned break when you need it.

Types of student loans

Nimble offers finance to cover any kind of need when it comes to your studies. 

Maybe you’re completing an apprenticeship and need to invest in some tools, or an art student wanting to go big for your end-of-semester project, perhaps you’re after a shiny new bunsen burner! 

A Nimble student loan can cover anything from course fees to equipment, for adult students at any institution.

We have two types of student loans. The first is a Small Personal Loan which has you covered for the smaller costs that may arise before or during your studies such as books or tools. 

The next is a Medium Personal Loan which will see you through the bigger expenses such as course fees or computers.

Whichever option you choose, you can check out our calculator to find out what your repayments could be and how long you will have to repay the balance.

How much can you borrow?

Nimble has loan options from $300 up to $5,000. 

Tertiary education can be crazy expensive, so break up those big student bills into easier to manage, regular repayments with Nimble. Meaning you can hit the books sooner, and worry-free.

The best part is, you can personalise your amount to suit your needs and you can use one of our calculators to work out your repayments before you apply.

Top tips for students borrowing money

Students are faced with a whole lot of choices when it comes to financial solutions with options to buy now, pay later or even take out a salary advance loan. 

Our top tip is to keep track of all things personal finance by creating a comprehensive budget. Record all of your recurring expenses as well as predicted costs for tertiary education. 

The benefit of Nimble student loan is that you can easily slot your repayments into your budget, you’ll always know how often and how much you need to repay.

Make sure you keep on top of your bills and repayments so you can avoid any late fees or additional charges because when you’re studying, every dollar counts.

The information on this website is general in nature and does not take into account your objectives, financial situation or needs. Terms, conditions, fees and charges apply, and are subject to change. Applications are subject to Nimble’s credit approval criteria. Redraw not available.

For our Small Personal Loans of $2,000 or less, an APR (Annual Percentage Rate) doesn't apply. These loans are fee-based only, and so they don't have an APR. The establishment fee is 20% of the amount borrowed and the monthly fee is 4% of the amount borrowed.

For our Medium Personal Loans between $2,050 and $5,000, the Annual Percentage Rate (APR) is 47.6158% (Comparison rate 65.6597% p.a.) and there is a $400 Establishment Fee. For our Medium Loans between $5,050 and $10,000, the Annual Percentage Rate (APR) is 47.6158% (Comparison rate 47.6158%) and there is no Establishment Fee. For our Medium Loans between $10,500 and $25,000, the Annual Percentage Rate (APR) is 29.99% (Comparison rate 29.99%) and there is no Establishment Fee.

**The comparison rate for loans between $2,050 and $5,000 is based on an unsecured loan for an amount of $2,500 over 2 years and a $400 establishment fee, and the comparison rate for loans between $5,050 and $25,000 is based on an unsecured loan for an amount of $10,000 over 3 years and a $0 establishment fee. Nimble may not offer loans for these amounts over these terms. See our full Fee statement for fee details.

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

*Funds will generally be transferred within 60 minutes of the loan contract being signed between 9:00 am and 4:30 pm AEST on business days. Clearance times are subject to your bank.

Warning about borrowing