The Government has updated the repayment incomes and repayment rates for the Higher Education Loan Program (HELP) for the 2022-23 income year.

The income levels and repayment rates for 2022-23 will be live from 1 July 2022.

The minimum repayment income for the 2022-23 income year is $48,361.

HELP income levels and repayment rates 2022-23

HELP repayment income	Repayment rate (% of HELP repayment income)
Below $48,361	Nil
$48,361 – $55,836	1.0%
$55,837 – $59,186	2.0%
$59,187 – $62,738	2.5%
$62,739 – $66,502	3.0%
$66,503 – $70,492	3.5%
$70,493 – $74,722	4.0%
$74,723 – $79,206	4.5%
$79,207 – $83,958	5.0%
$83,959 – $88,996	5.5%
$88,997 – $94,336	6.0%
$94,337 – $99,996	6.5%
$99,997 – $105,996	7.0%
$105,997 – $112,355	7.5%
$112,356 – $119,097	8.0%
$119,098 – $126,243	8.5%
$126,244 – $133,818	9.0%
$133,819 – $141,847	9.5%
$141,848 and above	10.0%

HELP debt includes any unpaid:

• HECS-HELP,
• FEE-HELP,
• VET FEE-HELP,
• OS-HELP
• SA-HELP and
• VET Student Loans (before 1 July 2019)
• Indexation

When you do your tax return, the Australian Tax Office (ATO) will calculate your income for the year and tell you how much your compulsory repayment is.

Compulsory HELP repayments are made via payroll from your employer.

You can also make voluntary payments direct to the ATO.

If you have any questions about how HELP repayments impact you, please contact us for assistance.