HECS-HELP Repayment Calculator 2026–27
Your compulsory HELP repayment for 2026–27 under the new marginal system, and roughly how long your debt will take to clear.
Result
Compulsory repayment for the year: A$2,527.80Estimate
Repayments are worked out on your tax return; your employer withholds an estimate through the year.
- As a share of repayment income
- 2.93%
- About a fortnight from pay
- A$97.22Estimate
- Time to repay the debt
- About 12 years
https://calcgallery.com/finance/hecs-help-repayment-calculator/
Results are arithmetic estimates based on the values you enter. Rates, fees and terms are set by your lender or provider, and your actual agreement controls what you pay or receive. Confirm important figures with them or with a qualified adviser. Read the full disclaimer
How to use the HECS-HELP Repayment Calculator 2026–27
- Enter your repayment income for 2026–27.
- Enter your current HELP debt to see roughly how long it will take to repay.
- Read the compulsory repayment for the year.
The calculation
up to $69,528 nil$69,529 to $129,717 15% × (income − $69,528)$129,718 to $186,050 $9,028 + 17% × (income − $129,717)$186,051 and above 10% × all repayment incomeThe years-to-repay estimate keeps your income and the 2.8% indexation steady. In practice your income usually rises, so the debt clears sooner.
With your numbers
- Under the system from 2025–26, the rate applies only to income above the threshold, not to all of it, until $186,051
Quick reference
Repayments are worked out on your tax return; your employer withholds an estimate through the year.
| Example | Compulsory repayment for the year |
|---|---|
| $86,380 | A$2,527.80 |
| $60,000 | A$0.00 |
| $100,000 | A$4,570.80 |
| $137,064 | A$10,276.99 |
| $200,000 | A$20,000.00 |
| $254,780 | A$25,478.00 |
Where the numbers come from
The fixed figures this calculator relies on, and the published source each one was checked against. How the calculators are built and checked
6 sources
ATO, Study and training support loans rates and repayment thresholds, https://www.ato.gov.au/tax-rates-and-codes/study-and-training-support-loans-rates-and-repayment-thresholds: "$0 – $69,528 Nil"
Used for
- HELP repayment threshold.
ATO, Study and training support loans rates and repayment thresholds, https://www.ato.gov.au/tax-rates-and-codes/study-and-training-support-loans-rates-and-repayment-thresholds: "15c for each $1 over $69,528"
Used for
- HELP repayment rate above the threshold.
ATO, Study and training support loans rates and repayment thresholds, https://www.ato.gov.au/tax-rates-and-codes/study-and-training-support-loans-rates-and-repayment-thresholds
Used for
- HELP second band starts above this.
- HELP repayment rate in the second band.
- HELP repayment rate on total repayment income at the top.
ATO, Study and training support loans rates and repayment thresholds, https://www.ato.gov.au/tax-rates-and-codes/study-and-training-support-loans-rates-and-repayment-thresholds: "$9,028 plus 17c for each $1 over $129,717"
Used for
- HELP repayment at the second band.
ATO, Study and training support loans rates and repayment thresholds, https://www.ato.gov.au/tax-rates-and-codes/study-and-training-support-loans-rates-and-repayment-thresholds: "10% of your total repayment income"
Used for
- From this repayment income, 10% of the whole income is repaid.
Study Assist, "Indexation in 2026 will be applied at the rate of 2.8%", https://www.studyassist.gov.au/news/indexation-28-will-be-applied-your-study-loan-1-june-2026
Used for
- HELP indexation applied on 1 June 2026.
Common questions about the HECS-HELP Repayment Calculator 2026–27
- How are HELP repayments worked out from 2025–26?
- Under the marginal system that began in 2025–26, you repay a percentage of the income above the threshold, not of all your income. For 2026–27 that is 15% of income between $69,528 and $129,717, then $9,028 plus 17% of income above $129,717, and from $186,051 a flat 10% of all your repayment income.
- What is repayment income?
- Taxable income plus reportable fringe benefits, total net investment losses, reportable super contributions and exempt foreign employment income. Salary sacrifice into super counts, so it doesn't lower your HELP repayment.
- How much does my debt grow each year?
- It is indexed on 1 June by the lower of the consumer price index and the wage price index. The 2026 indexation was 2.8%. Indexation applies to debt more than 11 months old.
- Why does my employer withhold more than this?
- Employers withhold an estimate from each pay using ATO schedules. The real repayment is worked out on your tax return, and any over-withholding is refunded or credited.