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.
Was this answer helpful?
Your rating has been submitted; please tell us how we can make this answer more useful.