HELP/HECS Repayment Calculator Australia
Estimate your compulsory HELP/HECS study-loan repayment for FY 2026–27 under the ATO marginal repayment system — repayments only apply to income above $69,528, at 15c per dollar up to $129,717.
Paid by your employer on top of your salary — not deducted from your pay. Total package: $106,400.00.
| Pay period | Gross income | Take-home pay | Employer super |
|---|---|---|---|
| Annual | $95,000.00 | $70,259.20 | $11,400.00 |
| Monthly | $7,916.67 | $5,854.93 | $950.00 |
| Fortnightly | $3,653.85 | $2,702.28 | $438.46 |
| Weekly | $1,826.92 | $1,351.14 | $219.23 |
HELP/HECS Repayment — FY 2026-27
FY 2026–27 marginal system: 15c per dollar of Repayment Income above $69,528 (up to $129,717), then $9,028 + 17c per dollar up to $186,050, capped at 10% of Repayment Income. Set "Include HELP/HECS debt" off in Advanced settings to compare.
How Your Pay Is Calculated
- 1.Annualise Gross Pay: Convert your pay cycle amount to annual gross salary using your weekly hours and paid weeks.
- 2.Deduct Pre-Tax Items: Subtract salary sacrifice to super and eligible work deductions to find taxable income.
- 3.Apply ATO Tax Brackets: Calculate marginal income tax for FY 2026–27 and apply LITO if eligible.
- 4.Medicare & HELP: Subtract the 2% Medicare levy and marginal HELP/HECS repayment to arrive at net take-home pay.
- 5.Employer Super (12%): Calculated separately on Ordinary Time Earnings and paid to your super fund.
Repayment Income is not taxable income — it adds back reportable fringe benefits, reportable super contributions and net investment losses, so salary sacrifice does not shrink HELP repayments.
The Marginal Repayment System From 2025–26
Since 1 July 2025, compulsory HELP repayments apply only to the slice of Repayment Income above the threshold — replacing the old cliff-edge rates that charged a percentage of your entire income. In 2026–27 the threshold is $69,528 and the marginal rate is 15% up to $129,717.
What Counts as Repayment Income
Repayment Income = taxable income + reportable fringe benefits + total net investment loss + reportable super contributions (including salary-sacrificed super) − any exempt foreign income adjustments. This is why the estimate below can differ from your taxable income.
Frequently Asked Questions
When do HELP repayments start in 2026–27?+−
When your Repayment Income exceeds $69,528 — you then repay 15 cents per dollar between $69,528 and $129,717, with a higher marginal slice above that (uses 2025–26 indexed bands until ATO finalises 2026–27).
Do voluntary repayments reduce compulsory ones?+−
Voluntary repayments reduce the loan balance, not the compulsory rate — your compulsory amount is set purely by Repayment Income each year.
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