What is a HECSHELP Loan?
How Much of Your HELP Debt Do You Need to Repay This Year?
HELP Debt Calculator Updated with 2023-2024 Repayment Thresholds and Rates
If you're repaying HELP/HECS debt, the Study and Training Loan Repayment Calculator will help you determine the amount of your compulsory repayment for the following year.
Below is a calculator that will tell you how much your HECS-HELP debt will increase by. It's automatically set to $25,000 to represent a typical HECS-HELP debt. Use this tool to calculate how long it will take to repay your loan. Input your current loan amount as it is today.
While it might feel like a burden, taking on debt to study often pays off in the long run. But it's important to understand the nature of the debt.
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