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HECS-HELP Debt Calculator
The 2026 budget wipes 20% of your outstanding HECS-HELP debt automatically. See exactly how much you save and how much faster you'll be debt-free.
20% reduction applied automatically — no action needed
How to find your balance: Log in to myGov → ATO → My Profile → Loan accounts. Or check your most recent Notice of Assessment. The ATO applies the 20% reduction automatically — you do not need to apply.
Your HECS-HELP details
Find this in myGov → ATO → Loan accounts
Repayments only start above $67,000 income in 2026-27