HECS-HELP Repayment Calculator
Work out your compulsory HELP (HECS) student loan repayment for 2026–27.
About the HECS-HELP Repayment Calculator
Enter your repayment income and the debt balance. The calculator gives the compulsory repayment for 2026–27, the amount per fortnight and roughly how long the debt takes to clear.
Since 2025–26 repayments are marginal: nothing on repayment income up to $69,528 in 2026–27, then 15 cents for each dollar over it up to $129,717, $9,028 plus 17 cents per dollar up to $186,050, and 10% of total repayment income above that. Repayment income includes taxable income plus reportable fringe benefits, super contributions and net investment losses. Debts are indexed each 1 June.
The formula
Repayment = 15% × (income − $69,528) …
Worked example
Repayment income $90,000 with a $30,000 debt
- 15% × (90,000 − 69,528) = $3,071
- About $118 a fortnight through PAYG
- Cleared in about 9.8 years, before indexation
Questions people ask
Can I repay voluntarily?
Yes, at any time, with no bonus or penalty.
Does it affect borrowing?
Lenders count the repayments as an expense.