Whenever you attend college or an authorized degree provider, you will get a HECS-HELP loan to fund your studies. You’ll only get a loan that is hecs-help you might be signed up for a Commonwealth supported destination (CSP).

A HECS-HELP loan doesn’t cover expenses like accommodation, laptop computers or text books.


Your provider shall assess your eligibility for a HELP loan resistant to the criteria below. For those who have any relevant concerns, please contact your provider.

To have A hecs-help loan, you have to:

  • be learning in a Commonwealth supported place.
  • be an Australian citizen and meet the residency requirements (you must study at part that is least of one’s program in Australia).
  • be a unique Zealand Special Category Visa (SCV) owner or permanent visa that is humanitarian and meet with the residency needs.
  • submit the ask for Commonwealth help and form that advance america is HECS-HELP your provider by the census date.
  • be signed up for each unit/subject at your provider because of the census date.
  • not need currently lent as much as your HELP loan limitation.

Just how much may I borrow?

You can easily borrow as much as the combined HELP limitation to cover your tuition charges. This consists of all FEE-HELP, VET FEE-HELP and Vet figuratively speaking and any HECS-HELP loans incurred from 1 January 2020.

As soon as you go with your HELP loan limitation, the total 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 with the 2019-20 income 12 months will top a person up’s HELP balance. These repayments is going to be placed on a man or woman’s HELP balance from 1 July 2020 onwards. Repayments may be re-borrowed down the road, as much as the HELP loan that is current limit.

You are able to always check you HELP stability on myHELPbalance

To test balance you must know your Commonwealth advanced schooling pupil help number (CHESSN). A CHESSN is an identifying number that is unique. It is necessary which you only get one CHESSN.


To utilize for A hecs-help loan, you will require an income tax file number (TFN) and an ask for Commonwealth support and HECS-HELP form, which your college or maybe more training provider provides you with.

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