If you have a HELP, VSL or other study loan, compulsory repayments start once your repayment income passes $69,528 in 2026–27. Since 2025–26 they are marginal: you only repay on the income above the threshold, not on your whole salary.
2026–27 repayment rates
| Repayment income | Repayment |
|---|---|
| $0 – $69,528 | Nil |
| $69,529 – $129,717 | 15c for each $1 over $69,528 |
| $129,718 – $186,050 | $9,028 plus 17c for each $1 over $129,717 |
| $186,051 and over | 10% of total repayment income |
What you repay at each income
| Salary | Compulsory repayment | Share of salary |
|---|---|---|
| $60,000 | $0.00 | 0.0% |
| $70,000 | $70.80 | 0.1% |
| $80,000 | $1,570.80 | 2.0% |
| $100,000 | $4,570.80 | 4.6% |
| $130,000 | $9,076.11 | 7.0% |
| $160,000 | $14,176.11 | 8.9% |
| $200,000 | $20,000.00 | 10.0% |
Things that change your repayment
- Repayment income is more than your salary: it adds reportable fringe benefits, salary-sacrificed super and net investment losses.
- Indexation is applied to your balance each 1 June.
- Voluntary repayments are allowed at any time and reduce what is indexed.
Frequently asked questions
What is the HELP repayment threshold for 2026–27?
$69,528 of repayment income.
How much HELP do I repay on $80,000?
$1,570.80 in 2026–27.
Will my employer take HELP out of my pay?
Yes, if you tell them on your TFN declaration. The amount withheld is reconciled with your actual repayment when you lodge your return.
