HECS-HELP Loan Calculator

This utility is provided for students to estimate the total amount that is being deferred to either a HECS-HELP Loan or a FEE-HELP Loan. This tool should only be used as a guide and not relied upon in the course of making decisions. Calcuations assume that there are no overdue amounts on your statement and amount due only include course fees.

Normally permanent residents and New Zealand citizens are not eligible for this discount.

Please enter the total due as per your fee statement:

$

Total Amount Paid Upfront:

$


Your Total Undiscounted Student fees are:

$

Your upfront payment has reduced your undiscounted fees by

$

Therefore, the total you have deferred to a Commonwealth Supported Loan (HECS) is:

$

Further information is available from Calculating HECS-HELP Discount Guide or the Government site www.goingtouni.gov.au/main/resources/icss/default.htm

Last reviewed: 14 February, 2007

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