Accredited courses from leading Australian universities, TAFEs and colleges

FEE-HELP: Study now, pay later

 

What is FEE-HELP?

FEE-HELP is a loan scheme to help students pay all, or part, of their tuition fees. You can only access FEE-HELP if you’re planning to study at a university or other private higher education institution that has been approved to offer FEE-HELP to eligible students.

Am I eligible?

You must:

  • Be enrolled in an eligible unit of study, offered by an approved FEE-HELP provider, by the census date; AND
  • Be an Australian citizen undertaking one unit of study in Australia; OR
  • Be a permanent humanitarian visa holder, residing in Australia for the duration of your unit; OR
  • Be a permanent visa holder undertaking bridging study for overseas-trained professionals, and residing in Australia for the duration of study.

When do I starting paying back

You’ll start repaying your HELP debt once your taxable income reaches the compulsory repayment threshold. This threshold is adjusted every year.

The threshold for 2016-17 is $54,869.

How much can I borrow?

In 2016 you can borrow up to $99,389 under the FEE-HELP scheme. For students studying medicine, dentistry and veterinary science courses, the FEE-HELP limit is $124,238.

Disclaimer: This information is correct at the time of publishing, but is subject to change under the current government’s higher education reforms. The figures provided are applicable for the 2016-17 financial year only. For more information, visit StudyAssist [www.studyassist.com.au].
2016-2017 repayment rates
2016-2017 Repayment rates Repayment % rate
Below $54,869 NIL
$54,869 – $61,119 4.0%
$61,120 – $67,368 4.5%
$67,369 – $70,909 5.0%
$70,910 – $76,222 5.5%
$76,223 – $82,550 6.0%
$82,551 – $86,894 6.5%
$86,895 – $95,626 7.0%
$95,627 – $101,899 7.5%
$101,900 and above 8.0%

To get started with your FEE-HELP application, or for more information, you can head to the StudyAssist website.

Browse through our range of online courses that are covered by FEE-HELP.




comments powered by Disqus

Get the career you've always dreamt of with our expert tips and advice!

WELCOME!

we'll be in touch

Over 1,000 accredited online courses from leading Australian universities, TAFEs and colleges