How VET FEE-HELP Works
The Australian Government pays the amount of the loan direct to FTA.
Students repay their loans through the Australian taxation system once their repayment income is above the minimum repayment threshold for compulsory repayment, which for 2010–11 is $44,911. Voluntary repayments may be made at any time, regardless of income.
You can make voluntary repayments to reduce your HELP debt at any time; some voluntary repayments attract a bonus. Visit www.ato.gov.au for further details.
VET FEE-HELP provides a loan for tuition fees only. VET FEE-HELP does not cover accommodation and general living expenses.
Students repay their loans through the Australian taxation system once their repayment income is above the minimum repayment threshold for compulsory repayment, which for 2010–11 is $44,911. Voluntary repayments may be made at any time, regardless of income.
You can make voluntary repayments to reduce your HELP debt at any time; some voluntary repayments attract a bonus. Visit www.ato.gov.au for further details.
VET FEE-HELP provides a loan for tuition fees only. VET FEE-HELP does not cover accommodation and general living expenses.