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) 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. A 20% loan fee applies
to OS-HELP loans, so the debt reported to the ATO is 120% of the loan
For OS-HELP policy, Guidelines for Students including selection criteria,
and application form, refer to the websites below: