🎓 HECS-HELP Repayment Calculator
A HECS-HELP repayment calculator shows your compulsory Australian student loan repayment for 2026-27 under the marginal repayment system: 15 cents per dollar of income above $69,528 and 17 cents above $129,717. Enter your income and balance to see this year's repayment and an estimated payoff horizon.
Your details
Compulsory repayment this year
$1,570.80
1.96% of your income — marginal system, 2026-27
15% band (over $69,528.00)
$1,570.80
17% band (over $129,717.00)
$0.00
Approx. years to repay
20 yrs
Estimate only. Since 1 July 2025 HELP repayments are marginal: nothing below $69,528.00, 15c per $1 above it up to $129,717.00, 17c per $1 beyond (capped at 10% of income). "Years to repay" ignores indexation and pay rises. 2026-27 thresholds (verified July 2026).
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Frequently asked questions
What is the HECS-HELP repayment threshold for 2026-27?▾
How does the marginal repayment system work?▾
Does my HELP debt charge interest?▾
Should I make voluntary HECS repayments?▾
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Disclaimer: This calculator is for informational and educational purposes only. Results are estimates and not financial advice. Consult a licensed financial advisor before making financial decisions.