Student Loans
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Get what you need

Choose our secured loan option to borrow up to $70,000.

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Quick & easy

Get a personalised rate in as little as 2 minutes.

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No ongoing fees

Never pay any monthly or early repayment fees.

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Credit score safe

Getting a quote won’t affect your credit score.

Easily calculate your rate

Getting a Personal Loan with SocietyOne is quick and easy.

Learn more
$/Fortnight

$6,112
Total repayment (inc. interest and fees)
$1,111.67
Total interest
8.20% p.a.
Example interest rate*
8.27% p.a.
Comparison rate*

Stress-free school fees

A personal loan is a great way to pay for your child's school, extra tuition or higher education fees. You could also borrow to cover all of those back-to-school expenses such as uniforms, text books, stationery and even school camps, all with the peace of mind that you’ve got it all covered.

With our great low rates, you could save on interest compared to putting these expenses on a credit card, and with no ongoing monthly or early repayment fees you can pay the loan off sooner.

Student loan

Upskilling or Changing Careers?

You might be looking to upskill and help you progress your career or perhaps looking to make a change with a new degree or certificate. SocietyOne can help you take that leap with an education loan to cover course fees, extra tuition and study resources like textbooks with a low rate personal loan.

Student loan

How it works

Getting a personal loan with SocietyOne is quick and easy.

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Get Your Rate

In as little as 2 minutes we’ll give you a rate based on your credit profile.

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Apply Online

It only takes 5 minutes for most people to complete their online application.

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Get Your Funds

Once approved, we’ll have the funds in as little as 1 business day.

Student loans made easy

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Consolidate your debts

Consolidate your debts into a single repayment or pay for expenses that may be difficult to pay off with a credit card.

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Flexible options

Choose between secured or unsecured loan options, loan terms up to 5 years and monthly or fortnightly repayments.

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Pay it off sooner

We don’t charge any penalties for paying off your personal loan early, so you have the option to pay a little extra off when you can!

The right loan for you

With great rates, flexible loan terms and repayment options, plus no monthly or early repayment fees you’ll have no trouble finding a loan to suit you.

Wondering about the difference between secured and unsecured is? In our helpful guide we get into the nitty gritty about both of these loan types to help you understand more and make it easier to choose the loan type that’s best for you.

Loan details
Secured loans
Unsecured loans
Interest ratesFrom 8.20% p.aFrom 9.20% p.a.
Comparison ratesFrom 8.27% p.a.*From 9.20% p.a.*
Amount you can borrow$5,000 to $70,000$5,000 to $50,000
Loan terms2, 3, or 5 years2, 3, or 5 years
Repayment frequencyFortnightly or monthlyFortnightly or monthly
Asset securityYes, you will need to provide an eligible asset as securityNo security required
Monthly feesNoneNone
Early repayment feesZeroZero
Hidden feesZilchZilch

Why get a personal loan?

If you want to significantly reduce the amount of interest you incur over the lifetime of multiple debts, or you’re tired of managing several debt repayments at once, debt consolidation may be a good option for you.

Using a secured or unsecured personal loan from SocietyOne for debt consolidation can make budgeting easier, so you only need to keep track of one regular payment and could save you money thanks to our great low rates. Plus, with SocietyOne there are no early repayment fees, so you can pay off your debt faster and without penalty.

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Whether you’re planning to extend your family home, are getting your house ready to put on the market or are wanting to spruce up an existing bathroom or living space, a SocietyOne home renovation loan can be a great way to fund your home renovation.

You can avoid adding to your mortgage and incurring additional interest over 10, 15 or 25 years, and with great low rates of our personal loans and no fees on extra repayments, you could increase your cost savings.

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Avoid missing out on all the best travel deals by using a SocietyOne personal loan to fund your next holiday.

Secure your flights, accommodation and other big-ticket holiday expenses early and increase your cost savings with our low interest rate.

Pay off your personal loan easily with one regular payment and enjoy the great benefits of no monthly or early payment fees.

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Get that new car feeling with a SocietyOne unsecured personal loan for your next car purchase. Our fixed rates make a personal loan a good alternative to a traditional car loan, plus:

• With the unsecured option you don’t need to use the car as security on the loan.

• There is no limit to the age of the car, as long as it meets the minimum asset value required if you choose the secured option.

• Choose a secured loan option to increase the borrowed amount up to $70,000

• Borrow more than the car’s purchase amount for on road fees or even debt consolidation.

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Pay for the big expenses like the venue, catering, the dress and even the honeymoon with our personal loans, and begin paying them off before the wedding day, plus:

• Budgeting is easier with one regular payment

• Our great low interest rates mean you could save money on fees and interest

• No monthly or early repayment fees and costs mean you could pay your debt off sooner!

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Using a SocietyOne unsecured personal loan for school or higher education fees gets an A+.

• Our personal loans don't have early repayment costs, which means you can pay off the loan early without a termination fee

• Our low interest rates mean you could save money on fees and interest

• They’re unsecured so you can include the expense of uniforms, books and other study material

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Have some more questions?

Our support team is here to help.


Award winning personal loans

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Resource Centre


What are the new credit reporting rules for financial hardship?
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What are the new credit reporting rules for financial hardship?

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How a personal loan can help you when you need it
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How a personal loan can help you when you need it

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5 things to do before you apply for a personal loan
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5 things to do before you apply for a personal loan

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Frequently Asked Questions

Things to consider before getting a student loan

To get a personal loan, you may need to supply us with the following information and documents as part of your personal student loan application:

  • Your personal details – name, address, date of birth
  • A driver’s licence or passport
  • Proof of your address - for example, a utility bill
  • Proof of your income in the form of payslips or bank statements
  • Details about your day-to-day expenses, and any other debts

‍ If you’re applying for a secured personal loan, you’ll also need to provide asset details as part of the verification process.

The documents we require depend on your ownership of the vehicle but it will help to have these things handy:

  • Registration certificate
  • Proof of insurance
  • Dealership invoice (if you are purchasing a vehicle)

Yes, we use this and assess your financial situation to calculate your interest rate & reward borrowers who have maintained good credit scores. Receiving a rate quote from us will not impact your credit score. We use what is called a 'soft call' to get your credit score from the credit bureau which allows us to calculate a personalised rate for you. However, once you have submitted your loan application, we will conduct a credit check as part of our assessment process. This check is known as a 'hard call' and will be reflected in your credit score.

Personal loan repayments can be made in either fortnightly or monthly instalments by direct debit.

Your regular repayments are calculated based on your loan amount, interest rate, loan term (2, 3 or 5 years with an unsecured loan or up to 5 years with a secured loan), and whether you have chosen fortnightly or monthly repayments.

The first thing you should do is check your eligibility with the lender. If you're looking to apply for a personal loan with SocietyOne, you'll need to ensure you meet our lending criteria below:

  • You need to be at least 18 years of age
  • Be an Australian citizen or a permanent resident of Australia
  • You must earn more than $30,000 per annum
  • It's important that you have a good credit history

If you're applying for a secured personal loan, you will need to have an asset to pledge as security. At SocietyOne, your asset will need to meet a minimum value, depending on the amount you wish to borrow. Acceptable assets include:

  • Vehicles (passenger and light commercial vehicles)
  • Motorbikes
  • Caravans
  • Marine (boats and personal watercrafts)

We do not accept heavy commercial vehicles.

You will need to provide asset details, proof of ownership or purchase invoice, and insurance as part of the verification process.

Please contact customer service at s1-customer.service@moneyme.com.au.

The new SocietyOne app

Making managing your personal loans easier. Personal loan customers can:

View loan balances

Request a loan statement

Find out how to make an extra payment

Request a payout figure and more

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