Interest and indexation

Important notice - Higher Education reforms announcement

The Australian Government has announced a range of reforms to improve the higher education sector. These reforms will deliver a more sustainable sector, more choices for students and increase transparency and accountability in higher education.

For more information about how these changes might affect you, click here.

For more detail about the reform measures, visit the Department of Education and Training Higher Education Reforms webpage (opens in a new tab).


There is no interest charged on HELP debts.

Your accumulated HELP debt is subject to indexation, which is applied on 1 June each year to maintain its real value by adjusting it in line with changes in the cost of living (as measured by the Consumer Price Index (CPI) figure released in March).

Debts are not indexed until they are 11 months old.

To find out current and past indexation rates, see the ATO website (opens in a new window).