Download free structure8/31/2023 You start repaying your FEE-HELP through the Australian tax system once you earn above the compulsory repayment threshold, which is $47,014 in 2021-2022. Any loan fees that were applied to study prior to 1 January 2019 will not count towards your FEE-HELP limit. Torrens University students enrolling in 2021 will not incur a loan fee when accessing FEE-HELP to defer tuition fees. Torrens University students are exempt from this fee. There is a 20 per cent FEE-HELP loan fee applied to some undergraduate study. Indexation does not count towards your FEE-HELP limit. There is a limit to how much FEE-HELP you can borrow.įor most students the FEE-HELP loan limit is $109, 206 (there is a higher limit for some approved courses). Eligible students can borrow up to the FEE-HELP limit to pay their tuition fees. FEE-HELP is only available to domestic students and may exclude students on a permanent residency visa. FEE-HELP is a loan scheme that assists eligible domestic fee-paying students to pay their tuition fees.
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