Study and training loan repayment thresholds and rates
2023-24 changes
For the 2023-24 income year the compulsory repayment HECS-HELP threshold is $51,550. The 2023-24 financial year threshold has been raised which means some who made compulsory repayments in the 2022-23 income year will receive a refund.
The compulsory repayment threshold for the 2023-24 income year will be $51,550.
How can I pay off my HECS-HELP debt?
The policy will be backdated to June 1 2023 which means last years 7.1 per cent indexation will be lowered.
August 25 2023 at 10:57am There have been a few changes to HECS...
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