FEE-HELP
FEE-HELP is a loan scheme to help students pay all, or part, of their tuition fees. You can only access FEE-HELP if you’re planning to study at a university or other private higher education institution that has been approved to offer FEE-HELP to eligible students.
Am I eligible?
You must:
- Be enrolled in an eligible unit of study, offered by an approved FEE-HELP provider, by the census date; AND
- Be an Australian citizen undertaking one unit of study in Australia; OR
- Be a permanent humanitarian visa holder, residing in Australia for the duration of your unit; OR
- Be a permanent visa holder undertaking bridging study for overseas-trained professionals, and residing in Australia for the duration of study.
When do I starting paying back my loan?
You’ll start repaying your HELP debt once your taxable income reaches the compulsory repayment threshold. This threshold is adjusted every year.
The compulsory repayment threshold for 2022-23 financial year is $48,361.
How much can I borrow?
In 2022-23 most students can borrow up to $109,206 under the FEE-HELP scheme. For students studying medicine, dentistry and veterinary science courses, the FEE-HELP limit is higher.
Disclaimer: This information is correct at the time of publishing, but is subject to change under the current government’s higher education reforms. The figures provided are applicable for the 2022-23 financial year only. For more information, visit StudyAssist [www.studyassist.gov.au].
| 2022-2023 HELP Debt Repayment Thresholds |
|
|
NIL |
|
|
1.0% |
|
|
2.0% |
|
|
2.5% |
|
|
3.0% |
|
|
3.5% |
|
|
4.0% |
|
|
4.5% |
|
|
5.0% |
|
|
5.5% |
|
|
6.0% |
|
|
6.5% |
|
|
7.0% |
|
|
7.5% |
|
|
8.0% |
|
|
8.5% |
|
|
9.0% |
|
|
9.5% |
|
|
10.0% |
To get started with your FEE-HELP application, or for more information, you can head to the StudyAssist website.
Browse through our range of online courses that are covered by the HELP loan schemes.
