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?

Answer ID 157 | Last updated on 02/11/2021 03.44 PM

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 2021 census date will not be indexed until 1 June 2022.

Further information on loan indexation is available on the Study Assist website.

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