OS-Help
OS-HELP is a loan programme that will provide financial assistance to eligible Commonwealth supported students wishing to undertake part of their study overseas. Eligible students may borrow up to $5,410 (in 2009) and up to $5,523 (in 2010) per study period for one or two study periods of overseas study. Deakin has been allocated a number of OS-HELP loans, and will select students who meet the eligibility and selection criteria. A student will incur an OS-HELP debt when they receive their OS-HELP loan amount. Currently a 20% loan fee applies to OS-HELP loans, so the debt reported to the ATO is 120% of the loan. From 1st January 2010 the 20% loan fee will no longer apply.
For the current OS-HELP policy, Guidelines for Students including selection criteria, and application form, refer to OS-HELP.
