FEE-HELP is an Australian Government loan scheme that covers the cost of your tuition fees on your behalf. FEE-HELP is available to students who are not studying in a Commonwealth supported place (and are therefore not eligible for HECS-HELP).
You must meet the following requirements to be eligible for FEE‑HELP:
Eligible students can borrow up to the FEE‑HELP limit, which for 2019 is $104,440 for most students. For students undertaking medicine, dentistry, and veterinary science courses the FEE‑HELP limit is $150,000. The limit will be the same for all loan types as detailed under the 2018 Student Loan Sustainability Bill.
The FEE‑HELP limit is the total amount available to eligible students under the FEE‑HELP, VET Student Loans, and VET FEE‑HELP loan schemes.
The FEE-HELP limit is currently a lifetime limit, however, from the 2019-20 financial this will change so that any repayments you make on your debt will 'top up' your HELP loan balance.
There is no interest charged on FEE-HELP debts, however it is subject to indexation, which means the loan maintains its real value by adjusting in line with changes in the cost of living. There is also a loan fee of 25 per cent for FEE‑HELP loans for undergraduate courses. The loan fee does not count towards your FEE‑HELP limit.
For the purposes of subsection 104-1(1A) of the HESA 2003 (The Act), in determining whether a student is a genuine student in relation to a unit of study being undertaken as part of a course of study, regard may be had to the following matters:
(a) whether the student is reasonably engaged in the course;
(b) whether the student has been provided with information pertaining to the course requirements for the course, and the cost and duration of the course;
(c) whether the student has satisfied course requirements for the course or participated in assessment activities for the course;
(d) if the course is an online course—the number of occasions on which the student has logged in to the course is not insignificant;
(e) whether the student has provided up-to-date contact details that enable the Department to contact the student to verify the student’s enrolment in the course;
(f) if the student is enrolled in another course—the number of the enrolments and associated course loads would not make successful completion of a course by the student impossible or highly improbable.
Our customer service team is ready to support you through the application process. You can contact us if you have any questions, or need any help with your FEE-HELP application.