HECS-HELP has two elements – it really is both that loan and student discount.

HECS-HELP has two elements – it really is both that loan and student discount.


The australian Government (through the HECS-HELP scheme) will pay your course fees for you for example, if you are an eligible student.

The Australian federal government will pay the quantity of the mortgage straight to your training organization.

Loan repayments are then made through the Australian taxation system as soon as your earnings reaches a specific limit (presently $45,881 for the 2019-20 economic 12 months). You are able to make repayments that are voluntary any moment irrespective of earnings.

A debt that is HECS-HELP incurred rigtht after the elected ‘census’ date for almost any University program you have got selected to get HELP support for.

Am I entitled to HECS-HELP?

To be eligible for HECS-HELP, you need to:

  • Be learning in a Commonwealth supported destination;
  • Be A australian citizen; or
  • Be a brand new Zealand Special Category Visa holder whom satisfies the residency that is long-term; or
  • Be a permanent visa holder that is humanitarian
  • Be signed up for each device at your college by the census date;
  • Meet up with the appropriate HECS-HELP residency needs; and
  • Submit a request that is valid Commonwealth help and HECS-HELP form because of the census date (or earlier in the day administrative date) to your college.

Whenever do i must start repaying my HECS-HELP loan?

Repaying you debt that is HECS-HELP as soon as your Help payment Income (HRI) is over the minimal payment threshold for compulsory payment. This is certainly, as soon as your taxable earnings reaches a level that is certain.

The HRI thresholds are modified every year.

The HRI that is minimum threshold make that loan payment for 2019-20 is $45,881. Where income surpasses this limit, a repayment that is compulsory of minimum 1percent of one’s earnings is raised in your revenue income tax evaluation. Read more