HECS Help Discount

HECS Help Discount

Payments for units in the same study period with the same census date will attract a 10%* discount if you are eligible for discount.

This means that a payment of at least $500 towards a student contribution before the census date entitles you to receive a 10% discount on the amount paid (including the first $500). You need only pay 90% of the total student contribution amount in any study period if you are making a full up-front payment.

Any upfront payment must be made by the University’s due date to avoid a $200 late payment fee.

*From 1 January 2012, the Australian Government changed the HECS-HELP discount, applied to up-front student contribution payments of $500 or more, from 20 per cent to 10 per cent.

The table below shows some common partial payment amounts:

Amount Actually Paid10% Discount ReceivedAmount credited to your account
$500.00$55.56$555.56
$750.00$83.34$833.34
$1,000.00$111.12$1,111.12
$1,250.00$138.90$1,388.90
$1,500.00$166.68$1,666.68
$1,750.00$194.46$1,944.46
$2,000.00$222.24$2,222.24
$2,250.00$250.02$2,500.02
$2,500.00$277.80$2,777.80
$2,750.00$305.58$3,055.58
$3,000.00$333.36$3,333.36
$3,250.00$361.14$3,611.14
$3,500.00$388.92$3,888.92
$3,750.00$416.70$4,166.70
$4,000.00$444.48$4,444.48
$4,250.00$472.26$4,722.26
$4,500.00$500.04$5,000.04
$4,750.00$527.82$5,277.82
$5,000.00$555.60$5,555.60
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