We’ve been thrilled by the overwhelming interest in 2025. As a result, application processing for the remainder of 2025 and 2026 will recommence in August. Thank you for your continued support.
Update: Application Processing Timelines
Why choose Spark Finance?
International Opportunity
Loan Management Support
Competitive Pricing
Flexible Repayment Terms
We offer personalised interest rates for as low as 9.43% APR*.
At Spark Finance, we believe in offering fair and personalised interest rates tailored to each borrower.
Our unique approach goes beyond the usual factors that most lenders consider, taking into account not just your credit history and current financial situation, but also your future earning potential. Below is how it works.
Your Co-signers Credit History
We review your co-signer’s credit history, including their credit score, payment record, and any defaults. This helps us assess their likelihood of repaying the loan on time.
Your Co-signers Current Financial Situation
We consider your co-signer’s current income, living expenses, liquid assets, and existing debt. This helps us assess their ability to manage and repay the loan.
Your Future Earning Potential
We also consider your future occupation and anticipated income growth. This gives us a fuller picture of your long-term financial outlook and helps us offer a rate that reflects your potential.
Am I eligible?
To qualify for a Spark Finance undergraduate loan, you must:
- Be an Australian or New Zealand citizen
- Have been accepted into undergraduate coursework at an international university
- Have a co-signer that is an Australian citizen or permanent resident with minimum 3 years’ credit history (in good standing)