# Harmoney Education Expenses — New Zealand

Invest in your education

The course, certification, or training programme you want is available now, but the upfront cost is a barrier. Government student loans may not cover short courses, professional development, or private training.

You are enrolled and studying. One fixed repayment that you planned before you started, with a clear end date.

A Harmoney personal loan can cover tuition, course fees, equipment, textbooks, or living expenses while you study. Borrow $2,000 to $50,000 with a fixed rate and $0 early repayment fees. Unlike government student loans, Harmoney loans are not income-contingent — your repayments are fixed from day one.

Harmoney holds Financial Service Provider licence FSP 593769 and is a member of Financial Services Complaints Limited (FSCL) – a Financial Ombudsman Service.

Typical amount for this purpose: $2,000 – $50,000 — guidance, not a product limit; the loan amount range below applies.

## How education expenses finance works

- Check your rate: A soft inquiry in as little as 2 minutes — no impact on your credit score.
- Choose your loan: Pick an amount and term that fits your budget.
- Get funded: 93% of approved loans are paid out within 24 hours. Subject to responsible lending inquiries.
- One repayment: Fixed weekly, fortnightly, or monthly — you choose.

## Funding your education

**Check government options first.** HECS-HELP (AU) and Student Allowance (NZ) may cover some costs at no or low interest. A personal loan is best for expenses those programmes do not cover — short courses, professional certifications, equipment, or living costs.

**Consider the return on investment.** Will the qualification increase your earning potential enough to cover the loan repayments? If the course leads to a specific career outcome, research typical salaries before committing.

**Borrow only what you need.** Cover tuition and essential expenses. Avoid borrowing for discretionary spending during study.

## Personal Loan (unsecured)

- Interest rate: 7.99% p.a. – 24.99% p.a. (fixed)
- Loan amount: $2,000 – $100,000 (increments of $100)
- Terms: 3, 5 and 7 year
- Repayments: weekly, fortnightly and monthly
- Establishment fee: $150
- No monthly fees, no early-repayment fee.

### Important information

Harmoney Services Limited (FSP593769). Dispute resolution: Financial Services Complaints Limited (FSCL) – a Financial Ombudsman Service, membership 5288.


The rate offered depends on your individual credit assessment. Fees, charges, terms and conditions apply.