Disclaimer

This site is an informational tool. It is not tax, financial or legal advice, and it does not take your personal circumstances into account.

• Results are estimates based on the ATO’s published thresholds, indexation rates and withholding formulas, and on the Higher Education Support Act 2003, as checked on the date shown on each page.
• Only the ATO decides what you owe. Your notice of assessment and your ATO loan account are the authoritative figures.
• Projections depend on assumptions (future indexation, thresholds and income) that will not match reality exactly.
• The calculator does not cover every case: new study debts, the overseas levy in full, Medicare levy exemptions, very remote teacher and rural doctor reductions, or other loan types’ special rules.
• This site is not affiliated with, endorsed by or connected to the ATO, the Department of Education or any government body. “HECS-HELP” and “HELP” are the names of Australian Government loan programs, used here descriptively.

Before a significant decision (a large voluntary repayment, salary packaging, moving overseas), check with the ATO (13 28 61) or a registered tax agent or licensed financial adviser.

The publisher accepts no liability for decisions made on the basis of these estimates.