EDUCATION LOAN IN AUSTRALIA
POSTGRADUATE EDUCATION LOAN SCHEME(PELS)
PELS provides an interest free, income contingent loan facility similar to the Higher Education Contribution Scheme (HECS) for eligible students enrolled in fee paying postgraduate non-research programs. New Zealand citizens and some Australian Permanent Residents are not eligible for PELS.
Please Note: This information is based on current advice provided by the Commonwealth Government. You are strongly advised to seek independent advice on your tax situation.
Unlike HECS, postgraduate coursework tuition fees are set by Universities, not the government.
PELS Applications, which can be lodged from UQ's online student administration facility, mySI-net must be received by 31 March or 21