What is HELP?

Higher Education Loan Programme


HELP, also known as the Higher Education Loan Programme, is a scheme designed by the government to assist tertiary students with the cost of their higher education expenses and remove up-front costs by providing contingent loans. You may qualify for one of five HELP loans, depending on your specific situation and where you prefer to study. Continue reading “What is HELP?”

What is HECS?

Higher Education Contributions Scheme


HECS, or the Higher Education Contributions Scheme, was phased out after 2005. This original program charged all university students an upfront fee of $1,800 and the Commonwealth paid the balance. The student could then defer payment of the HECS debt and repay it through the tax system once their income reached a certain threshold amount. Continue reading “What is HECS?”