2020 loan limit changes

What do the 2020 loan limit changes mean for me?

The combined HELP loan limit is a cap on what you can borrow from the Australian Government to cover the costs of your tuition fees. The HELP loan limit will replace the current FEE-HELP limit from 1 January 2020. It will include HECS-HELP, FEE-HELP, VET FEE-HELP and VET Student Loans. Only new HECS-HELP borrowing will count towards your HELP limit; however, any existing FEE-HELP, VET FEE-HELP or VET Student Loans that you have already borrowed before 2020 will be carried over.

For full details, please visit the Study Assist website.

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