HECS/HELP repayment calculator 2026-27
Your compulsory repayment on the new marginal system — plus how long your debt takes to clear once annual indexation is factored in.
Your HELP repayment
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How much is my HECS repayment in 2026-27?
On a $95,000 income, the compulsory HELP repayment for 2026-27 is about $3,821. With a $30,000 balance that clears in roughly 9.4 years after indexation. Enter your own numbers above.
The new marginal repayment system
The big 2026-27 change: repayments now apply only to income above the threshold, like income-tax brackets — not your whole salary. A pay rise no longer bumps your entire income into a higher repayment rate.
| Income | Compulsory repayment |
|---|---|
| Below $69,528 | Nil |
| $69,528 – $129,717 | 15% of income above $69,528 |
| $129,717 – $186,050 | $9,028 + 17% of income above $129,717 |
| $186,050+ | 10% of total income |
HECS/HELP FAQ
How much is my HECS repayment on $95,000?
About $3,821 in 2026-27 under the marginal system.
Should I pay off HECS early?
HELP has no interest — only annual indexation (~4.4%). Voluntary repayments only help if indexation outpaces what your money could earn elsewhere. General info — weigh it with a licensed adviser.
Estimate only — general information, not advice.