2026-27 marginal system

HECS/HELP repayments

What you'll repay this year under the new marginal system — you only repay on income above $69,528.

HECS/HELP repayments
What you'll repay this year on the new (2026-27) marginal system.

Your compulsory repayment this year

$2,321

$193 a month, taken from your pay before it reaches you.

Repayment / month

$193

Roughly cleared in

11 yrs

2026-27 marginal system: you repay 15c per $1 above $69,528, rising in bands. “Repayment income” adds back some items (e.g. reportable super). Years-to-clear ignores annual indexation, so the real time is a little longer. A guide, not advice.