2020 loan limit changes

What do the 2020 loan limit changes mean for me?

Answer ID 3081 | Last updated on 02/11/2022 03.35 PM

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 replaced the previous FEE-HELP limit from 1 January 2020. It includes HECS-HELP, FEE-HELP, VET FEE-HELP and VET Student Loans. Only new HECS-HELP borrowing counts 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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