Annual Repayment
$2,700.00
Remaining Debt
$27,300.00
Years to Repay
~12
Your Tier
Tier 1 (15c per $1)
% of Income
3.2%
Monthly
$225.00
Fortnightly
$103.85
Weekly
$51.92
| Income Range | Rate | Max Repayment |
|---|---|---|
| Below $67,000.00 | 0% | $0.00 |
| $67,000.00 -- $125,000.00 | 15c per $1 over $67,000.00 | $8,700.00 |
| $125,000.00 -- $179,285.00 | 17c per $1 over $125,000.00 | $17,928.45 |
| $179,285.00+ | 10% of total income | Varies |
New marginal repayment system (2025-26)
From 2025-26, HECS-HELP uses a new marginal repayment system instead of the old percentage-of-income approach. Repayments are calculated as: 15 cents per dollar earned between $67,000 and $125,000, plus 17 cents per dollar between $125,000 and $179,285. Above $179,285, you pay 10% of your total repayment income.
What counts as repayment income?
Your HECS repayment income includes your taxable income plus any reportable fringe benefits, total net investment loss, and reportable super contributions. This is usually higher than your taxable income alone.
CPI Indexation
Your HECS debt is indexed each year by CPI on 1 June. The government has capped indexation at the lower of CPI or the Wage Price Index. This means your debt may grow if repayments don't keep up with indexation.
ATO-Aligned: Thresholds and rates reflect the new 2025-26 marginal HECS-HELP repayment system.
Disclaimer: This calculator provides estimates based on current ATO rates and thresholds for the 2024–25 financial year. It does not constitute professional tax, financial, or legal advice. Your actual liability may differ depending on your individual circumstances. Always consult a qualified tax agent before making financial decisions. Read our terms
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