Higher Education Loan Program (HELP)

Schedule 8 - Statement of formulas for calculating study and training support loans components

A schedule to help calculate the amounts to be withheld from payments made on a weekly basis for employees who have a study and training support loan.

Study and training loan repayment calculator

This calculator will help you determine an estimate of the compulsory repayment amount required towards your study or training loan.

Study and training support loans fortnightly tax table

Use this tax table for payments made fortnightly where an employee has a study and training support loan.

Study and training support loans monthly tax table

Use this tax table for payments made monthly where an employee has a study and training support loan.

Study and training support loans weekly tax table

Use this tax table for payments made weekly where an employee has a study and training support loan.

Types of loans

You can find a number of loans available from the Australian Government to help you complete further training and study.

When you must repay your loan

You must start repaying your loan when your repayment income exceeds the minimum repayment threshold.