How does the Higher Education Loan Programme (HELP) work?

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From January 1, 2005 the Higher Education Loan Programme (HELP) was introduced, replacing the Higher Education Contribution Scheme (HECS). HELP comprises of the following three schemes:

  • HECS-HELP – for eligible students enrolled in Commonwealth supported places. A HECS-HELP loan will cover all or part of their student contribution.
  • FEE-HELP – for eligible fee-paying students enrolled at an eligible higher education provider or Open Universities Australia. FEE-HELP provides students with a loan to cover up to the full amount of their tuition fees to a maximum of $50,950,00, over their lifetime (last indexed 2006).
  • OS-HELP for eligible Commonwealth supported students who wish to study overseas. OS-HELP provided students with a cash loan to cover expenses such as accommodation and travel.

Call 03 9416 1679 for any further clarification regarding HELP.