HELP Repayment Thresholds

The Higher Education Loan Programme "HELP" offers commonwealth loans to eligible students to assist them with paying their higher education fees and to study overseas. a HELP debt is repaid through the taxation systems, based on a taxpayer's HELP 'repayment income'. HELP repayment income is the sum of the taxpayer's:

• taxable income
• total net investment loss;
• reportable fringe benefits;
• exempt foreign employment income; and
• reportable superannuation contribution

Study and training loan repayment thresholds and rates

2019/20

From July 1 2017, taxpayers living overseas and earning an income that exceeds the minimum repayment threshold will be required to make compulsory repayments towards their debt.