HECS-HELP · 2026–27 thresholds

When will your HECS be paid off?

Enter what you owe and what you earn. See this year's compulsory repayment and a year-by-year projection until the debt is cleared.

Paid off in

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Repayment in 2026–27$0

Per fortnight$0

Total you'll repay$0

Year	Income	Repayment	Indexation	Balance

How this is worked out

2026–27 compulsory repayments use the marginal system: nothing up to $69,528, 15c for each dollar above that up to $129,717, then $9,028 plus 17c per dollar up to $186,050, and 10% of all repayment income above that.
Indexation was 2.8% on 1 June 2026. Future rates are unknown, so change the figure to test other scenarios. Repayment thresholds are assumed to rise by the same rate.
Each year, that year's repayment comes off first and indexation is then added to what's left. In reality repayments are credited when your tax return is assessed, so timing can shift results slightly.
Your employer withholds an amount from each pay towards this, and the ATO settles the exact repayment when you lodge your return.