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Study Now, Pay Later
We’ve partnered with ZeeFi to offer you Study Now, Pay Later – a flexible and affordable payment plan that takes the stress out of upfront course costs. With payment solutions tailored to your budget, you can focus on studying first and paying later.
Eligibility
To ensure that you’re eligible for Study Now Pay Later, please consider these requirements:
- Australian Citizen or Permanent Resident
- 18 years or older
- Holds an Australian bank account
- Employed full-time or part-time for a minimum of 6 months prior to applying
How it works
01
Enrol for your course & apply for Study Now, Pay Later
02
Supply all required documentation to Zeefi for approval
03
Once approved, start your Academy Xi course
04
Begin making repayments until the end of your agreed term
Frequently asked questions
How much can I borrow with Study Now, Pay Later?
Study Now, Pay Later is available for course payments between $500 and $20,000. Currently available for Academy Xi Transform & Elevate courses only.
How long does it take to process my application?
If everything is supplied upfront, it can take less than a few hours to process your application.
Will ZeeFi run a credit check on me?
Yes, as part of processing your application, ZeeFi will run a credit check to confirm eligibility.
Does ZeeFi send the money to me?
No, ZeeFi pays Academy Xi directly.
Can I decide the term (length of time) for the repayment?
Yes, you can choose a repayment term of up to 36 months for Academy Xi Transform courses, or up to 12 months for Elevate courses. Repaying your plan is as easy as setting up a weekly, fortnightly or monthly direct debit.
What fees do I need to pay?
You’ll pay a one-off $50 establishment fee and a minimal monthly management fee of $7. However, an arrears fee is applicable if the account is overdue, and a dishonour fee for each dishonoured payment. Please refer to ZeeFi’s Target Market Determination document for more information.
Do I need to be employed to be eligible?
Yes, you must have an income for a minimum of 6 months prior to applying for Study Now, Pay Later. It can be part-time, full-time, casual or self-employed.
Can I repay some or all my payment plan balance early?
Yes – you can repay part or all the plan in full at any point. ZeeFi has no early repayment fees.