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HELP / HECS-HELP debt repayment calculator

Calculate Australian HECS-HELP student debt compulsory repayments under 2024-2025 income threshold brackets (1%-10%) and indexation.

In your browser

$
$

2024-25 threshold starts at $54,435

%

Indexed annually on June 1 (CPI/WPI)

Quick incomes:
Compulsory ATO Repayment Due
for the tax year
Repayment Rate
Monthly Repayment

Annual Indexation Added

Starting Debt

Projected Closing Balance

ATO Repayment Rules: Compulsory HECS-HELP repayments are automatically withheld by your employer via PAYG and finalized upon lodging your annual Australian tax return. No repayment is required if taxable income is below $54,435.

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Popular uses

HECS-HELP repayment calculator (ATO 2024-2025)

About this tool

Calculate your compulsory Higher Education Loan Program (HELP / HECS) repayment obligations under official Australian Taxation Office (ATO) income brackets and project debt indexation.

How to use it

  1. 1 Enter your current outstanding HECS-HELP debt balance.
  2. 2 Enter your estimated annual taxable income.
  3. 3 Review your compulsory annual and monthly repayment amounts.

Questions

What is the minimum income to repay HECS in Australia?

For the 2024-2025 tax year, the minimum repayment threshold is $54,435. Incomes below this amount incur 0% compulsory repayment.

When is Australian HECS debt indexed?

HECS-HELP debts are indexed on June 1 each year based on the lower of the Consumer Price Index (CPI) and Wage Price Index (WPI).

Is my data uploaded?

No. This tool runs in your browser, so your text and files never reach our server.

Is this tool free?

Yes. It’s free to use with no sign-up and no limits for normal use.

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