Whenever you attend college or an approved advanced schooling provider, you could get a HECS-HELP loan to cover your studies. You can easily just get yourself A hecs-help loan if you may 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 will assess your eligibility for a HELP loan up against the criteria below. When you have any relevant concerns, please contact your provider.

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

  • be learning in a Commonwealth supported destination.
  • 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 brand new Zealand Special Category Visa (SCV) holder or permanent visa that is humanitarian and meet with the residency needs.
  • submit the Request for Commonwealth help and HECS-HELP form to your provider by the census date.
  • be signed up for each unit/subject at your provider by the census date.
  • not need currently lent as much as your HELP loan limit.

Just how much could I borrow?

It is possible to borrow as much as the combined HELP limitation to pay for your tuition costs. This can include all FEE-HELP, VET FEE-HELP and Vet advanceamerica figuratively speaking and any loans that are HECS-HELP from 1 January 2020.

When you go with your HELP loan limitation, the total amount of ASSISTANCE you have remaining to borrow is recognized as 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 balance is renewable. Any compulsory or voluntary repayments beginning with the 2019-20 earnings 12 months will top up a person’s HELP stability. These repayments will soon be placed on a man or woman’s HELP balance from 1 2020 onwards july. Repayments are re-borrowed in the foreseeable future, as much as the HELP loan that is current restriction.

It is possible to be checked by you HELP balance on myHELPbalance

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


To use for a loan that is hecs-help you’ll need a taxation file number (TFN) and a ask for Commonwealth help and HECS-HELP type, which your college or more training provider provides you with.

Your type needs to be filled in and presented to your provider prior to the census date (or administrative date).