FEE-HELP

FEE-HELP is a loan scheme that assists eligible fee paying students pay all or part of their tuition fees. It cannot be used for additional study costs such as accommodation or text books. The total amount of FEE-HELP a person can use is known as the ”˜FEE-HELP limit’.
Once a person begins using FEE-HELP, the amount of FEE-HELP they have left to use is known as their ”˜FEE-HELP balance’.

Am I eligible for FEE-HELP?

You are eligible for FEE-HELP if you:

are studying at an approved FEE-HELP provider (approved provider)
you are an Australian citizen or permanent humanitarian visa holder (resident in Australia for the duration of your unit), OR
you are a permanent visa holder who is undertaking bridging study for overseas-trained professionals, and will be resident in Australia for the duration of the study;
are enrolled in an eligible unit of study by the census date for that unit;
have not exceeded the FEE-HELP limit (see below); and
meet the tax file number (TFN) requirements:
you must give your provider your valid TFN; OR
if you don’t have a TFN you can give your provider a Certificate of application for a TFN. This certificate is available from the Australian Taxation Office (opens in a new window) after you have applied for a TFN.
When do I have to repay my HELP debt?

You have to start repaying your HELP debt through the taxation system once your repayment income is above the compulsory repayment threshold, even if you are still studying. For the 2014-15 income year, the compulsory repayment threshold is $53,345.

Is there a loan fee?

There is a loan fee of 25% for FEE HELP loans for undergraduate courses of study only. The loan fee does not count towards your FEE HELP limit.
How much will my repayments be?

The amount you repay each year is a percentage of your repayment income. The percentage increases as your income increases, so the more you earn, the higher your repayment will be. The ATO will calculate your compulsory repayment for the year and include it on your income tax notice of assessment.

2014-2015 repayment rates

Repayment income

Repayment % rate

Below $53,345

Nil

$53,345 – $59,421

4.0% of HRI

$59,422 – $65,497

4.5% of HRI

$65,498 – $68,939

5.0% of HRI

$68,940 – $74,105

5.5% of HRI

$74,106 – $80,257

6.0% of HRI

$80,258 – $84,481

6.5% of HRI

$84,482 – $92,970

7.0% of HRI

$92,971 – $99,069

7.5% of HRI

$99,070 and above

8.0% of HRI

Campus map