Removal of the 10% HECS-HELP discount

When will the 10% HECS-HELP discount be removed?

Answer ID 2704 | Last updated on 19/12/2023 08.53 AM

There have been several iterations of discounts introduced or abolished by various governments. There is currently no discount for upfront payments.

A previous HECS-HELP discount was removed on 1 January 2017, and reinstated on up front payments of $500 or more from 1 January 2021. That 10% discount has now ended with effect from 31 December 2022.

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