You must meet the following requirements to be eligible for a HECS-HELP loan:
For more information, download the HECS-HELP information booklet.
Eligible students can borrow up to the combined HELP limit to pay your tuition fees. This includes all FEE-HELP, VET FEE-HELP, VET Student Loans amounts you have borrowed. It will also include any HECS-HELP loans incurred from 1 January 2020.
Once you begin using your HELP loan limit, the amount of HELP you have left to borrow is known as your available 'HELP balance'. The HELP loan limit is published annually on the Study Assist HECS-HELP website.
For information on the new combined HELP loan limit, please see 2020 loan limit changes on the Study Assist website.
There are no application or loan fees for HECS-HELP. There is no interest charged on your HELP debt but indexation will be applied to the portion of your debt that is 11 months or older on 1 June each year. Indexation maintains your debt’s real value by keeping it in line with the cost of living, as measured by the consumer price index.
You repay your HELP debt through the tax system once you earn above the compulsory repayment threshold. The compulsory repayment threshold is different each year.
You can also make a voluntary repayment to the Australian Taxation Office (ATO) at any time.
Our customer service team is ready to support you through the application process. You can contact us if you have any questions, or need any help with your HECS-HELP application.
If you’re studying a University of Canberra or Federation University degree through TAFE Queensland, you may be eligible for a HECS-HELP loan to help you pay your course fees and student contribution amount. Please visit the relevant university website for more information and to see if you're eligible.