Higher education HELP changes: faster repayments and threshold changes

10-May-2017

The Minister for Education and Training, Simon Birmingham, has announced a package of reforms to higher education – the Higher Education Reform Package – to take effect generally from 1 January 2018. The details announced will be confirmed in the 2017–2018 Federal Budget. They include: an increased maximum student contribution from 1 January 2018; no up-front fees or deregulation of fees; a new set of repayment thresholds from 1 July 2018, changing repayment timings and quantities for all current and future Higher Education Loan Program (HELP) debtors; a new minimum repayment..

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