FAQs
Frequently asked questions
General
Is EdFin a bank?
No. We’re a licensed lender built for students and skilled migrants—fast, fair, and flexible.
Do you offer scholarships?
No. We offer structured loans—repayable in manageable instalments.
ENPL
Do I need a COE to apply?
No. ENPL helps you get the COE.
What’s the process?
Deposit partial funds → EdFin matches → We fund education and health → You apply for visa with full financial proof.
PAYL
Do I need a job to apply?
No, but you’ll need to show how you can repay—via casual income, family support, or savings.
Can I repay early?
Absolutely. You’ll even get a discount.
PAYW
Do I have to be working already?
You need a formal job offer and a plan to relocate.
Which industries do you support?
Mainly healthcare, tech, aged care, and skilled trades.
Partnerships
Do agents earn a commission?
We don’t pay commissions—but we co-fund your campaigns, events, and marketing to increase impact.