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Low interest loan scheme

Assisting non-government schools with capital development projects including land acquisition, new building construction and upgrading of established facilities.

Loans are also available to the University of Notre Dame Australia.

The Department of Education administers the low interest loan scheme on behalf of the Minister for Education and Training.

Non-government schools that are considering applying for a low interest loan will find comprehensive information about the scheme contained in the LILS Guidelines and Procedures.

Applications for LILS

LILS applications are made in the year prior to the financial year in which funds are required. Applications are considered and approved on an annual basis.

Applications can be submitted using the LILS loan application form. Non-government school principals are notified when an updated LILS application form is available.

 

When and where are the applications lodged?

Lodgement differs dependent on the type of school.

Catholic schools should lodge applications with Catholic Education Western Australia by 31 December of the year prior to the financial year in which loan funds are required.

Anglican Schools Commission schools, Swan Christian Education Association schools, or Seventh Day Adventist Conference schools lodge applications at the office of the appropriate system. Schools should check lodgement dates with their own system office. 

For independent schools, applications must be lodged with the Department of Education by the end of September of the year prior to the financial year in which the loan funds will be required.

Please note that for the purposes of Low Interest Loan Scheme, a financial year is defined as the 12 month period ending on 30 June in a given year.

The University of Notre Dame Australia

The State Government provides funds through LILS to the University of Notre Dame Australia (UNDA) to assist the University to undertake a wide variety of capital development projects.

Further information about the scheme is available in the UNDA LILS guidelines and procedures.