I graduated from university at the end of last year and used a HELP loan to pay off my university course fees. Ive just started working full-time. When do I start repaying my debt and how do I know how much I have to repay?
You start repaying your HELP loan through the taxation system when your adjusted taxable income reaches a certain minimum level.
For the 2017-18 year, you will need to start repaying your HELP debt if your adjusted taxable income exceeds $55,874.
Your adjusted taxable income is the total income you earn in the financia…
Read the full article at: http://www.bordermail.com.au/story/4721199/repaying-your-help-debt/