Changes to  the HECS-HELP discount level

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

It will also lower the HELP voluntary repayment bonus, applied to payments of $500 or more, from 10 per cent to 5 per cent.  Find out more here