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Student Finance

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The Australian Parliament has recently passed amendments to the Higher Education Support Act 2003, which will affect students studying in a Commonwealth supported place from 1 January, 2021. 

The changes include:

  • Adjusting the maximum Student Contribution amounts for different areas of study, for students commencing a new program in 2021
  • Grandfathering Student Contribution amounts for continuing students
  • Re-introducing the 10% HECS-HELP discount, for HECS-HELP eligible students who make an up-front payment of $500 or more towards their Student Contribution amount
  • All Commonwealth supported students, and students accessing any of the HELP loans, must provide their valid Unique Student Identifier (USI).

For more information, please visit https://www.dese.gov.au/job-ready/job-ready-graduates-frequently-asked-questions

 


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