Finance shouldn’t be a barrier to attending university. The Australian Government offers several loan schemes for domestic students to help you better manage the cost of study.
The Higher Education Loan Program (HELP) consists of five schemes to support students with the cost of their education. For university students, the most relevant are:
HECS‑HELP is a loan scheme for students enrolled in a Commonwealth Supported Place (CSP).
Almost all domestic undergraduate students are enrolled in a CSP. A small number of postgraduate coursework programs have CSPs available.
To be eligible for HECS-HELP you must be:
Holders of other permanent visas are not eligible for HECS-HELP.
Apply for a HECS-HELP loan after you are accepted to study at the University:
FEE‑HELP is a loan scheme for eligible fee-paying students.
You can apply for FEE-HELP if you:
FEE-HELP loans are capped. The amount you can borrow is set by the Australian Government.
The FEE‑HELP cap is a lifetime limit. The cap is not reset or renewed when you make a repayment. It cannot be used for additional study costs such as accommodation or text books.
Apply for a FEE-HELP loan after you are accepted to study at the University:
If you use SA-HELP, the amount will be added onto your existing HELP debt (i.e. your HECS-HELP debt, or your FEE-HELP debt).
You can also use SA-HELP if you do not want to take out any other HELP loan. A tax file number is required to obtain SA-HELP.
Apply for an SA-HELP loan after you are accepted to study at the University:
Your HELP debt is repaid via the Australian Taxation Office (ATO) once your income reaches the minimum threshold for compulsory repayment – even if you are still studying.
The compulsory repayment threshold is adjusted each year. For more information, visit the Study Assist website.
The Australian Government provides three income-support payments for Australian tertiary students: Youth Allowance, Austudy, and ABSTUDY.
ABSTUDY provides financial assistance for Aboriginal and Torres Strait Islander students.
Other schemes include:
For more information contact Centrelink.