FEE-HELP: what does it mean?

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 threshold for 2016-17 is $54,869.

How much can I borrow?

In 2016 you can borrow up to $99,389 under the FEE-HELP scheme. For students studying medicine, dentistry and veterinary science courses, the FEE-HELP limit is $124,238.

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 2016-17 financial year only. For more information, visit StudyAssist [www.studyassist.com.au].
2016-2017 repayment rates
2016-2017 Repayment ratesRepayment % rate
Below $54,869NIL
$54,869 – $61,1194.0%
$61,120- $67,3684.5%
$67,369 – $70,9095.0%
$70,910 – $76,2225.5%
$76,223 – $82,5506.0%
$82,551 – $86,8946.5%
$86,895 – $95,6267.0%
$95,627 – $101,8997.5%
$101,900 and above8.0%

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.

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