Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

HELP assistance What is HECS-HELP assistance?

hecs-help help
0
0 Posted

HELP assistance What is HECS-HELP assistance?

0
0

HECS-HELP is available to eligible students enrolled in Commonwealth supported places. If you are eligible, you may access both the HECS-HELP loan and the discount to pay your student contribution. If you receive a HECS-HELP loan, the Australian Government pays the loan amount directly to your higher education provider on your behalf. A HECS-HELP debt is recorded for you with the Tax Office against your Tax File Number. You start repaying your HELP debt when your repayment income is above the minimum threshold for compulsory repayment. If you pay all, or at least $500, of your student contribution amount up-front you will receive a 20% HECS-HELP discount on the amount paid up-front.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123