FEE-HELP is a government loan scheme that assists eligible students to pay their tuition fees. You do not start repaying your FEE-HELP debt until your income is above the minimum threshold for compulsory repayments.
In the 2015-2016 tax year the income threshold is $54,126.
The 2016 FEE-HELP Booklet (PDF 351KB) details your responsibilities as a student accepting a FEE-HELP loan (subject to eligibility).
Am I eligible for FEE-HELP?
You are eligible to obtain a FEE-HELP loan if you are:
- an Australian citizen;
- a holder of a permanent humanitarian visa;
- a New Zealand citizen who has been a long-term resident of Australia since childhood and meets certain eligibility criteria (see the Study Assist website for details); OR
- a holder of a permanent visa who is undertaking a bridging course for overseas-trained professionals
How much can I borrow?
You have a lifetime loan limit set at $99,389 for all courses except Medicine, Veterinary Science and Dentistry for which the limit is $124,238 (in 2016). This limit is indexed annually.
How do I apply for a FEE-HELP loan?
To obtain FEE-HELP you must complete a Request for FEE-HELP assistance form. Log on to the Student Information System and follow the prompts from the 'My Commonwealth Assistance' tab. A completed Request for FEE-HELP assistance form must be received by the relevant census date for the topics concerned to ensure that your enrolment is not cancelled.
When do I repay my FEE-HELP debt?
You do not need to start repaying your FEE-HELP debt until your income is above the minimum threshold for compulsory repayment. In the 2015-2016 tax year the income threshold is $54,126. Visit the Australian Taxation Office (ATO) website for more information about repayments, including early voluntary repayments.
To check your current outstanding HELP balance, you can either contact the ATO on 13 28 61 or log in to myGov and click on the 'Accounts' tab to access your 'loan accounts'. For more information about accessing your current outstanding HELP balance, visit the ATO's Repaying your student debt website.