If you failed a subject due to special circumstances , or had to withdraw from it due to illness or other circumstances, you can apply to your university to have the debt for that subject cancelled. This can include if you are affected by death, illness or a natural disaster.
And finally, if you went to a vocational college and got a Vet Fee loan, you could have your debt reduced too.
This was after revelations that many vocational colleges were defrauding the Vet Fee system and were pressuring students to sign up, or lying about the cost. If that happened to you, you can apply for financial redress. Hecs debt repayment changes: why more people will be forced to pay off student loans.
University of Sydney students toss their graduation hats into the air. How much will I have to pay? I grew up in state care. To say that university has changed my life would be an understatement Anastasia Glushko. Read more. If you're thinking about investing, be conscious of any risks and think about your investment timeframe before jumping in.
If you're curious, you might like to start by listening to this short introduction from the Pineapple Project. There's one more thing we should mention. If, like this audience member, you're saving for a house, keep in mind that having student debt can affect how much you can borrow.
This is one reason why some people choose to pay off their HELP debt earlier. Finally, if your student debt plays on your mind from time to time, just be glad we don't live in the United States, where student debt can be far more expensive and stressful. This article contains general information only.
You should obtain specific, independent professional advice in relation to your particular circumstances and issues. ABC Everyday helps you navigate life's challenges and choices so you can stay on top of the things that matter to you. We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn and work. ABC Everyday. Print content Print with images and other media. Print text only. Print Cancel. Email address.
This article contains content that is not available. Are you better off doing your taxes yourself? This is what to consider.
From the day rule to budgeting apps: Five strategies to help you save more cash. Ditch the spreadsheet — there are other ways to be good with money. The little-known tax break people in creative careers should get across. From here, you view your balance online. Tax tips for repaying your HELP debt Keeping receipts and claiming deductions for everything you're entitled to can reduce your RI and minimise your compulsory annual repayment amount. September Share with your friends. Share to Facebook Share to Linkedin.
Book an appointment with an expert. Book Now. Share Share to Facebook Share to Linkedin. Related Articles. Benefits of Taking Tax Preparation Course. Understand wh Going Overseas?
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