How much HECS do I pay on $80,000?

2025-26: ~$1,950 (15c per $ from $67,000 to $125,000). 2024-25: ~$3,200 (flat 4.0% on total). Enter 80000 above to confirm for your year.

What changed for 2025-26?

Repayments moved to a marginal system: nil below $67,000, then 15c/$ to $125,000, $8,700 + 17c/$ to $179,285, and 10% of total income above that. You only repay on income above the threshold, not your whole income.

When is my debt indexed?

On 1 June each year. From 1 June 2025 indexation is the lower of CPI or the Wage Price Index. The 1 June 2026 indexation rate was 2.8%, the lowest since 2021 (1 June 2025 was 3.2%). Indexation is separate from the compulsory repayment above.

Does the repayment reduce my taxable income?

No. It is a compulsory repayment collected through the tax system on top of your income tax and Medicare levy, it is not a tax deduction.

Calculator · FY 2025-26

HECS / HELP Repayment Calculator

Work out your compulsory study and training loan repayment for 2024-25 and 2025-26, including the new marginal system, and get an estimate of when your debt will clear.

Gross income (before tax) Your salary or wages before tax, not your take-home pay. The ATO calls this your "repayment income". For most workers it's the same as your gross salary; it can also include reportable fringe benefits, investment losses, and reportable super contributions. e.g. $80,000 / year, $3,077 / fortnight, $1,538 / week

Income is

Financial year

Current HELP debt balance (optional) From your myGov ATO account e.g. $25,000, used to estimate how long until your debt clears

Advanced: add back RFB and RSC

Repayment income (ATO QC16176) = taxable income + reportable fringe benefits + reportable super contributions + net investment loss + exempt foreign employment income. The two boxes below are the additions that most often catch salary-sacrificers and novated-lease holders by surprise. Each $1 you enter here adds $1 to the repayment-income calc.

Reportable fringe benefits (AUD / yr) Grossed-up amount from your PAYG summary e.g. novated lease RFBA (×1.8868 Type 2)

Reportable super contributions (AUD / yr) Voluntary salary sacrifice into super excludes the standard 12% SG

Plan a payoff, how much extra to clear in N years?

Target years to clear

Simulates year-by-year compulsory repayment + indexation at the verified 2.8% rate (lower of CPI or WPI, 1 June 2026). Income and indexation are held constant. Bisection solver, picks the smallest extra voluntary payment that clears the debt in your target years.

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Frequently asked

How much HECS do I pay on $80,000?: 2025-26: ~$1,950 (15c per $ from $67,000 to $125,000). 2024-25: ~$3,200 (flat 4.0% on total). Enter 80000 above to confirm for your year.
What changed for 2025-26?: Repayments moved to a marginal system: nil below $67,000, then 15c/$ to $125,000, $8,700 + 17c/$ to $179,285, and 10% of total income above that. You only repay on income above the threshold, not your whole income.
When is my debt indexed?: On 1 June each year. From 1 June 2025 indexation is the lower of CPI or the Wage Price Index. The 1 June 2026 indexation rate was 2.8%, the lowest since 2021 (1 June 2025 was 3.2%). Indexation is separate from the compulsory repayment above.
Does the repayment reduce my taxable income?: No. It is a compulsory repayment collected through the tax system on top of your income tax and Medicare levy, it is not a tax deduction.

HECS / HELP Repayment Calculator

Frequently asked

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