Repayments & Calculator

How much do I owe?

HELP debts, which include VET FEE-HELP loans and VET Student Loans, are managed by the Australian Taxation Office (ATO). Please contact the ATO on 13 28 61 to find out the balance of your HELP debt. Be sure to have your tax file number (TFN) handy when you call. The ATO will ask you for it for security purposes before they disclose any personal information to you.

When do I have to repay my VET FEE-HELP debt?

You have to start repaying your HELP debt through the taxation system once your repayment income is above the compulsory repayment threshold, even if you are still studying. The compulsory repayment threshold is adjusted each year. The compulsory repayment threshold for the 2016‑17 income year is $54,869 .

Repayment income is calculated from the amounts given on your income tax return for:

  • your taxable income;
  • reportable fringe benefits (reported on your payment summary);
  • total net investment loss (which includes net rental loss);
  • reportable super contributions; and
  • exempt foreign employment income amounts.

How much will my repayments be?

The amount you repay each year is a percentage of your repayment income. The percentage increases as your income increases, so the more you earn, the higher your repayment will be. The ATO will calculate your compulsory repayment for the year and include it on your income tax notice of assessment.

2016-2017 Repayment Rates
2016-2017 Repayment Income 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%

Estimate your repayments

Gross Income (before tax)
Repayment rate: $0.00
Annual repayment: $0.00
Weekly repayment: $0.00

* Repayment amounts provided by this calculator are estimates only, based on the income figure you provide. Your actual repayment income  as calculated by the ATO may be different. (See the list under  When do I have to repay my HELP debt? for   what's taken into account when calculating your repayment income.)