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HECS-HELP repayment calculator
See what your repayment income means for your HELP debt under the 2026–27 rules. Add your balance to explore how an indexation assumption could affect it.
What does it mean for your pay?
Usually your taxable income. The ATO adds a few things like salary sacrificed super.
- $5,472above $69,528
- 15cper dollar
- $820.80a year
- 26fortnights
These are annual averages, not exact payslip deductions. Payroll rounding and your final tax assessment can differ. General information only. No overseas levy or low-family-income exception is modelled.
Add a balance to see how it moves
Assumes the entire balance is old enough to be indexed. If entered, the balance also caps the annual estimate above, before future indexation. Actual repayable debt at assessment may differ.
2.8% was the 1 June 2026 rate. It is a starting assumption, not a forecast. Each model year adds indexation before one repayment. Cents are dropped at accumulation. Income and 2026–27 thresholds stay fixed, with no new borrowing or extra payments. Actual rates, thresholds, income and timing will change the result.
Rules: the 2026–27 thresholds set under the Higher Education Support Act.
How to read your repayment
The annual amount estimates your assessment using repayment income, which can differ from gross salary. The per-pay figure spreads that amount evenly across the year; your employer’s withholding can differ.
If you enter a balance, the calculator caps the repayment at that debt. The balance outlook holds income and the repayment rules fixed, so treat it as an illustration rather than a payoff forecast.