Since July 2025, HELP repayments are marginal: you repay only on income above the threshold. Enter your repayment income to see your 2026–27 compulsory repayment, and your balance to project payoff.
2026–27 HELP repayment rates
Repayment income
Repayment
Up to $69,528
Nil
$69,529 – $129,717
15c for each $1 over $69,528
$129,718 – $186,050
$9,028 plus 17c for each $1 over $129,717
$186,051 and over
10% of total repayment income
Repayment income is your taxable income plus some extras, such as reportable fringe benefits, net investment losses and reportable super contributions. The ATO works out your compulsory repayment when you lodge your tax return, and employers withhold extra tax during the year if you tell them you have a HELP debt.
The same thresholds apply to HECS-HELP, FEE-HELP, VET Student Loans, SA-HELP and Student Start-up Loans.
Frequently asked questions
What is the HECS repayment threshold for 2026–27?
$69,528 of repayment income. Below that you don't make a compulsory repayment.
Does HECS charge interest?
No interest, but your balance is indexed each 1 June in line with inflation (capped at the lower of CPI and wage growth).
Should I make voluntary HECS repayments?
It can reduce indexation, but money in an offset account or super may do more for you. Consider your situation or get licensed advice.