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Government study loans

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About Government study loans

Government study loans support Australians in accessing further education by covering the cost of approved university or vocational training courses. These loans are designed to ease the financial burden of study, especially for those who can’t afford to pay upfront. There are three main types of loans available:

  • HECS-HELP – for undergraduate students in Commonwealth supported places (CSPs).
  • FEE-HELP – for students paying full tuition fees at approved higher education institutions.
  • VET Student Loans – for students undertaking eligible diploma and advanced diploma courses through approved RTOs.

These loans are repaid via the Australian tax system once your annual income reaches the minimum repayment threshold. Loan caps and eligibility rules differ depending on the program, and not all providers or courses are covered.

To understand if you’re eligible and which courses qualify, visit the StudyAssist website or browse the courses below to get started with supported study pathways.

FAQs

Am I eligible for a government study loan?

Eligibility depends on your citizenship, residency status, and course provider. You must be an Australian citizen (or a qualifying visa holder), meet course-specific criteria, and submit a valid request for a loan before the course’s census date. See the checklist on StudyAssist.

What’s the difference between HECS-HELP and FEE-HELP?

HECS-HELP is for students in Commonwealth supported university places, while FEE-HELP supports students paying full fees. HECS-HELP has more coverage but is only available for certain courses and institutions.

How do I apply for a HELP or VET Student Loan?

You apply through your education provider, usually by filling out an eCAF (electronic Commonwealth Assistance Form). Your provider must be approved to offer government loans.

What are the limits on government study loans?

There are loan caps for FEE-HELP and VET Student Loans, which limit the amount you can borrow over your lifetime. You can view your remaining balance through your myGov account linked to the ATO.

Are there interest or fees associated with study loans?

No interest is charged, but a loan fee of 20% applies to FEE-HELP and VET Student Loans (except for certain courses). Loans are indexed annually to reflect inflation.