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The Dispute Resolution
Training and Membership Specialists

Tel: 1300 781 533 

Education Finance

What is Education Finance?

Education Finance is a type of personal loan to pay for training.

Mediation Institute offers an interest free payment plan option but we can’t finalise your course and issue your certificate until you have finished paying for it.

With Education Finance it is a bit like getting a loan for a car or other similar purchase. You get to access the training and be certified, we get paid by the finance company and you continue to pay off the training for the period of time agreed in your loan contract.

Is this a Government Student Loan?

No. We do not work with the government VET Student Loans. The Education Finance is provided by a private business.

Loan Provider: Harmoney

Link to their website – use this link as it ensures that they know that the training you are doing is approved and acceptable for lending.

The interest rate depends on your credit rating and there is a calculator on the landing page that you will go to when you click on the link above.

Lending criteria:

you must be a natural person (that is, not a company, partnership, incorporated society, trust, or other legal entity);

you must be an Australian citizen or permanent resident or New Zealand citizen with a valid Australian driver license or valid Australian passport;
you must be 18 years of age or older when you register; and

you must have an acceptable credit record, as determined by Harmoney at its discretion. Applicants with past insolvencies or bankruptcies will not be considered for loans.

Loan Provider: Moneyplace

Inspiritive link to their website – use this link as it ensures that they know that the training you are doing is approved and acceptable for lending.

The interest rate depends on your credit rating and there is a calculator on the landing page that you will go to when you click on the link above.

Lending criteria:

you must be an individual, 18 years or older

you must be an Australian citizen or permanent resident

you must be currently employed and earning over $20,000 per year. You can’t be earning the majority of your income from government benefits although they will lend to self-employed people with adequate proof of income.

you must have an acceptable credit record, as determined by Moneyplace at its discretion. Applicants with any court judgements, writs or past insolvencies or bankruptcies will not be considered for loans. You should not be currently in collections for any existing debts.