Benefits & funding schemes
Rent Assistance – Students receiving a Commonwealth Support benefit or pension and living away from home and paying rent may be eligible for Rent Assistance - contact Centrelink for more information.
Utility Relief Scheme – Australian resident students having difficulty paying a large utility bill (e.g. gas, electricity) can apply for a one-off utility relief payment. Contact the Department of Human Services to apply.
Housing Establishment Funds (HEF) - A Victorian Government initiative that addresses homelessness by providing financial assistance to individuals and families (Australian Residents) who are homeless or in a housing crisis. Funds may be provided for rent in advance (private rental) or rent in arrears (private rental) or emergency housing. An eligibility criteria applies. For further information about HEF phone 1800 825 955.
Loans
Bond Loan Scheme - Australian resident students on low income may be eligible for a Bond Loan for a rental property or as a resident in a rooming house. Contact Department of Human Services to apply.
Students living in University-operated accommodation are not eligible for a Bond Loan, but may be eligible for a VU Student Loan.
Insurance
Good Insurance provides students on low incomes affordable household contents, car or home insurance.
The Good Shepherd has negotiated affordable premiums with low excess and flexible payment options specifically for people on low incomes.
Customers can also choose to pay premiums annually, monthly or fortnightly instalments and use Centrepay (Centrelink’s payment program) to manage payments.