How is HECS repaid? Once you reach a certain income threshold, you must start making compulsory repayments through the Australian Taxation Office (ATO), even if ...
To manage compulsory repayments, advise your employer if you have a HECS debt. It’ll make the process a lot easier when it comes time for your lender to look into your financial situation. Before applying for a home loan, take a look at how much you still owe. Good news, there is no interest charged on your HECS debt. HECS (Higher Education Contribution Scheme) can cover all or part of your course fees, up to a maximum amount. [HECS-HELP](https://www.studyassist.gov.au/help-loans/hecs-help) is part of a government scheme to help eligible students through uni.