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 2019-20 is $45,881.

How much can I borrow?

In 2019 you can borrow up to $104,440 under the FEE-HELP scheme. For students studying medicine, dentistry and veterinary science courses, the FEE-HELP limit is $150,000.

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 2019-20 financial year only. For more information, visit StudyAssist [www.studyassist.gov.au].
2019-2020 repayment rates
2019-2020 Repayment ratesRepayment % rate
Below $45,881NIL
$45,881 – $52,9731.0%
$52,974 – $56,1512.0%
$56,152 -$59,5212.5%
$59,522 – $63,0923.0%
$63,092 – $66,8773.5%
$66,878 – $70,8904.0%
$70,891 – $75,1444.5%
$75,145 – $79,65255.0%
$79,653 – $84,4325.5%
$84,433 – $89,4986.0%
$89,499 – $94,8686.5%
$94,869 – $100,560%7.0

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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