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 OS-HELP


 The Commonwealth Government has a loan scheme  known as OS-HELP. OS-HELP is a loan which assists eligible Australian students to undertake some of their study overseas while on exchange. In 2010, students may receive up to $5523 per six-month study period for one or two overseas study periods. The purpose of these loans is to help students with a range of expenses such as airfares and accommodation.

To be eligible for OS-HELP, you must be:

  • a UQ student approved to go on a UQ  exchange,
  • an Australian citizen or the holder of a permanent humanitarian visa;
  • a Commonwealth supported student enrolled in an undergraduate program; and
  • selected by UQ to receive an OS-HELP loan.

Students cannot receive an OS-HELP loan:

  • in their first year of study (must have completed 16 units in their current program), or
  • in their last semester of study (must have at least 8 units to take at UQ after the exchange semester)

The overseas study undertaken must count as credit towards their UQ program

A loan fee of 20% applies. Please note: From January 1, 2010, the 20% OS-HELP loan fee will be removed. Therefore, there will be NO loan fee on any OS-HELP loans with a debt incurral date on or after 1 January 2010.

Downloads

If you would like to discuss the OS-HELP loan or the application process further, please contact us at the following email address:

oshelp@admin.uq.edu.au