Interest on your HECS-HELP, FEE-HELP, SA-HELP and OS-HELP
Am I charged interest on my HECS-HELP, FEE-HELP, SA-HELP and OS-HELP?
You are not charged interest on your HECS-HELP, FEE-HELP, SA-HELP and OS-HELP loan debt. On 1 June each year HECS-HELP, FEE-HELP, SA-HELP and OS-HELP loan debts are indexed (according to a formula based on the Consumer Price Index).
For example, a debt reported for the 31 March 2019 census date will not be indexed until 1 June 2020.
Further information on loan indexation is available on the Study Assist website.
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