What exactly is HECS-HELP?
The australian Government (through the HECS-HELP scheme) will pay your course fees for you for example, if you are an eligible student.
The government that is australian the quantity of the loan straight to your training organization.
Loan repayments are then made through the Australian taxation system whenever your earnings reaches a specific limit (presently $45,881 for the 2019-20 monetary 12 months). You're able to make repayments that are voluntary any moment aside from income.
A debt that is HECS-HELP incurred rigtht after the elected 'census' date for just about any University program you have got selected to get HELP help for.
Am I entitled to HECS-HELP?
To be eligible for a HECS-HELP, you have to:
- Be learning in a Commonwealth supported destination;
- Be a citizen that is australian or
- Be a fresh Zealand Special Category Visa holder who meets the long-lasting residency needs; or ...