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Important changes affecting Commonwealth supported students from 1 January 2021
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