You can get a HECS-HELP loan to pay for your studies when you attend university or an approved higher education provider. It is possible to just get yourself A hecs-help loan if you will be enrolled in a Commonwealth supported destination (CSP).

A HECS-HELP loan doesn’t protect costs like accommodation, laptop computers or text publications.


Your provider shall assess your eligibility for the HELP loan contrary to the criteria below. When you yourself have any relevant concerns, please contact your provider.

To have a loan that is hecs-help you have to:

  • be learning in a Commonwealth supported destination.
  • be an Australian citizen and meet with the residency requirements (you must study at the very least component of one’s course in Australia).
  • be a unique Zealand Special Category Visa (SCV) owner or permanent visa that is humanitarian and meet with the residency demands.
  • submit the request Commonwealth support and form that is HECS-HELP ace cash express your provider because of the census date.
  • be signed up for each unit/subject at your provider by the census date.
  • not need currently borrowed up to your HELP loan restriction.

Just how much am I able to borrow?

It is possible to borrow as much as the combined HELP limitation to pay for your tuition fees. This consists of all FEE-HELP, VET FEE-HELP and Vet figuratively speaking and any loans that are HECS-HELP from 1 January 2020.

When you go with your HELP loan limitation, the amount of ASSISTANCE you have remaining to borrow is called your available ‘HELP stability’.

For 2020, the HELP loan limitation is $106,319. The HELP loan limit is $152,700 if you plan to study medicine, dentistry or veterinary science leading to initial registration, or eligible aviation courses.

Your HELP stability is renewable. Any compulsory or voluntary repayments beginning the 2019-20 earnings year will top up a person’s HELP balance. These repayments should be placed on a man or woman’s HELP stability from 1 2020 onwards july. Repayments are re-borrowed in the foreseeable future, as much as the present HELP loan restriction.

You are able to be checked by you HELP stability on myHELPbalance

To check on balance you must know your Commonwealth degree student help number (CHESSN). A CHESSN is just an unique distinguishing number. It is necessary which you only get one CHESSN.


To try to get a loan that is hecs-help you’ll need a taxation file number (TFN) and a ask for Commonwealth help and HECS-HELP form, which your college or more training provider provides you with.

Your kind needs to be filled in and presented to your provider prior to the census date (or administrative date).

Comments are closed.