The maximum amount you can borrow will depend on your circumstances – the equity in your home, your household income, and other factors.  Our online calculator tool will be able to provide you with an indication of how much you can borrow, estimating the maximum loan. 

You are not obliged to borrow the maximum, however, so estimate what you think you might need over the schooling period.  Remember, you only pay interest on the amount you actually drawdown – not the entire amount you have applied for.

If the calculator doesn’t offer you the funds you need, take a look at the Secta Advance Plan.  Although you won’t have the same flexibility, you can borrow up to 100% of the equity in your home on the Advance Plan and this may boost the lending figure to better match your needs.