Funding options

The cost of studying overseas can be expensive, so in order to assist students we have some funding options available ranging from OS-HELP loans to Australian Government funded mobility programs.

OS-HELP Loan Program

OS-HELP is a loan program that can provide financial assistance to eligible Commonwealth-supported students wishing to undertake part of their study overseas. In 2020, the maximum you can borrow for a six-month study period is:

  • $6,913 if you do not study in Asia
  • $8,295 if you study in Asia; plus an extra $1,104 if you do an approved Asian language study in preparation for your study in Asia (and meet the eligibility requirements), with the loan amount being added to your HELP debt.

Please refer to the OS-HELP Student Eligibility Requirements (pdf, 78kb) for additional information.

The total funds made available by the Department of Education and Training for OS-HELP loans are limited each year, so loans may not be available to all students who apply.

If there are insufficient loans for all eligible applicants, FedUni will select students to receive loans applying one or more of the following criteria:

  • Loans may be awarded to students with the highest GPAs
  • Loans may be declined to students who are receiving scholarships, grants or other forms of financial assistance towards their overseas study
  • Preference may be granted to students who have not previously received an OS-HELP loan
  • Preference may be given to students who have previously applied and been assessed as eligible, but could not be granted a loan because insufficient funds were available.

There will be three application rounds which close on the following dates each year.

  • 15th April
  • 25th June
  • 10th September

Students may apply for OS-HELP loans prior to these dates and may be paid earlier in the circumstances of early mobility dates.


To apply for an OS-HELP loan please complete the Application form (pdf, 245kb) and return it to

For further information about OS-HELP loans please email or refer to the Study Assist website.

New Colombo Plan

The New Colombo Plan is an initiative of the Australian Government which "aims to lift knowledge of the Indo-Pacific in Australia by supporting Australian undergraduates to study and undertake internships in the region".

Under the New Colombo Plan there are two types of programs; the Mobility Program and the Scholarship program.

New Colombo Plan Mobility projects and Scholarships can be undertaken in any of the following 40 host locations in the Indo-Pacific region:

Bangladesh, Bhutan, Brunei Darussalam, Cambodia, China, Cook Islands, Federated States of Micronesia, Fiji, French Polynesia, Hong Kong, India, Indonesia, Japan, Kiribati, Laos, Malaysia, Maldives, Marshall Islands, Mongolia, Myanmar, Nauru, Nepal, New Caledonia, Niue, Pakistan, Palau, Papua New Guinea, Philippines, Republic of Korea (South Korea), Samoa, Singapore, Solomon Islands, Sri Lanka, Taiwan, Thailand, Timor-Leste, Tonga, Tuvalu, Vanuatu and Vietnam.

Mobility program

The New Colombo Plan Mobility program is for undergraduate students to undertake semester or short-term study in the Indo-Pacific region.

FedUni currently has grants of $7000 available for students to undertake a semester long exchange program at Pukyong National University in the Republic of Korea (South Korea), where students can enrol in courses taught in English.

To express your interest in studying in South Korea with a New Colombo Plan semester exchange grant please email

Grants for short-term study, study tours, research and overseas placements may be also be available. Please refer to the following table for a list of projects that your may be eligible to participate in or contact your Program Coordinator.

CountryDisciplineNumber of grants availableGrant amount
ChinaBusiness (Dalian)6$3,000
 Business (Shaoguan)4$3,000
 Education (Anshan)6$2,000
 Education (Taishan)4$2,000
 Education (Taizhou)10$2,000
 Information Technology10$2,500
Hong Kong / SingaporeOutdoor Education10$3,000
IndiaCivil Engineering13$2,500
 Conservation (Study Tour)2$3,000
South KoreaExchange Semester2$7,000

Federation Business School (FBS) students can refer to the Faculty's New Colombo Plan website for information on projects that may be available to you.

Scholarship program

The New Colombo Plan Scholarships are designed to support Australian students with overseas study in the Indo-Pacific region, and depending on the successful student's overseas study program can be granted up to $20,000 to cover tuition fees along with additional funds to assist with travel, living expenses and language support.

To apply for a New Colombo Plan Scholarship, students must firstly be nominated by their home University. Nominated students are then invited to apply for a Scholarship by Department of Foreign Affairs and Trade (DFAT).

Nominations for the 2019 round of New Colombo Plan Scholarships close in July. If you would like to be considered for nomination please contact us no later than the 8th of July.

To be considered, students must undertake a mandatory study component in an approved location; this can be for one or two semesters, and may also like to undertake language training and an Internship and/or Mentorship during their time overseas.

You must be an Australian student in an undergraduate program, and have achieved a minimum of 70% graded average or equivalent in your program at the time of application. You must be between the ages of 18 and 28 years of age.

For further information on the New Colombo Plan please refer to the information sheet (pdf, 3.9mb), the DFAT New Colombo Plan website or contact Erin Snape, International,

Australia Awards Endeavour Mobility Grants

These grants are funded by the Australian Government to support Australian undergraduate, postgraduate and VET students to undertake study experiences overseas. Endeavour Mobility Grants are from $2000 to $5000 depending on the type of study experience you will be undertaking.

FedUni currently has three grants available up to $5000 for students to undertake an exchange program in France. Students are able to choose from one of our five French exchange partners.

To be eligible for an Endeavour Mobility Grant, you must be an Australian citizen or permanent resident and have an overall academic average of at least a credit.

For more information about the grants to France, please refer to the France Endeavour Mobility Grants information sheet (pdf, 320kb) for more information on our French exchange partners, eligibility criteria and the application process.

To be considered for an Endeavour Mobility Grant to France for Semester 2, 2018, your application for exchange must be received by the Centre for University Partnerships by 16 March.

Other grants for short term study, study tours, research and overseas placements may also be available. Please refer to the following table for a list of projects that you may be eligible to participate in or contact your Program Coordinator.

CountryDisciplineNumber of grants availableGrant amount
DenmarkExchange semester1$5,000
FranceExchange semester2$5,000
GermanyExchange semester1$5,000
New ZealandEducation2$2,500

For further information on Endeavour Mobility Grants please refer to the DET Endeavour Mobility Grants website or contact Tiffany Forbes, Centre for University Partnerships,, (03) 5327 9009