How to Declare Your HECS Debt on Your Tax Return

Updated

Your HECS-HELP debt is managed through the tax system — you do not file a separate HECS repayment. When you lodge your annual income tax return, the ATO calculates your compulsory repayment based on your Repayment Income and applies any amounts your employer withheld during the year.

Step 1: Check Your HECS Balance via myGov

Before lodging, confirm your current HECS-HELP balance:

  1. Log in to myGov and link to the ATO
  2. Navigate to: Tax → Manage → Loan accounts
  3. Your HECS-HELP (or FEE-HELP, VET Student Loan, etc.) balance is displayed
  4. You can also see your annual indexation and any repayments applied

Your balance is updated each year after:

  • Indexation is applied (1 June)
  • Your tax return is processed (usually July–October)

Step 2: Pre-fill Your Tax Return

When you lodge via myTax (the ATO’s online tax return), your HECS-HELP information is pre-filled:

  • The ATO knows you have a debt (from your TFN declaration and loan records)
  • Amounts withheld by your employer are pre-filled from Single Touch Payroll (STP) data
  • Your bank interest, dividends, and other income may also be pre-filled

Review all pre-filled information — it is your responsibility to ensure accuracy before submitting.

Step 3: The HECS-HELP Section in myTax

In myTax, you will be asked:

  • Do you have a study and training loan debt? → Answer: Yes
  • Your Repayment Income is calculated automatically from your other return entries
  • The ATO calculates your compulsory repayment amount
  • The amounts your employer withheld for HECS are shown as a credit against this repayment

If you have been over-withheld (employer withheld more than the compulsory repayment), the excess reduces any tax you owe or is added to your refund. If under-withheld, you owe the extra at tax time.

Step 4: Large Repayments — Voluntary Payments in Advance

If you have received a large capital gain or bonus and know your HECS repayment will be substantial, you can make a voluntary repayment at any time via BPAY before lodging. This reduces your outstanding balance before the compulsory repayment is calculated.

Note: voluntary repayments do not reduce the compulsory repayment amount — both amounts are applied to your debt independently.

Common Mistakes

MistakeEffect
Not ticking the HECS box on your TFN declarationEmployer does not withhold extra → large bill at tax time
Forgetting to include all income sourcesRepayment Income understated → under-repayment
Not checking for indexation before lodgingSurprises when the balance hasn’t reduced as expected
Assuming HECS repayments reduce your tax refundThey reduce your HECS balance, not your income tax

What If You Have Multiple HELP Debt Types?

If you have both HECS-HELP and FEE-HELP (or other HELP loan types), they are combined into a single Study and Training Loan balance for repayment purposes. The same thresholds and rates apply across all HELP debt types combined.

Frequently Asked Questions

Do I need to lodge a separate HECS repayment form? No. Your compulsory HECS repayment is calculated as part of your annual income tax return. There is no separate form — it is handled automatically when you lodge.

My employer is withholding for HECS but I don’t have a debt anymore. What do I do? Provide your employer with a new TFN declaration that does not declare a HECS debt, or lodge a withholding variation with the ATO.

What if I forget to declare my HECS debt in my tax return? The ATO knows about your HECS balance from their own records. If you do not declare it, they may amend your assessment. It is always better to declare it correctly.


This article provides general information about HECS-HELP for FY2025–26. For advice tailored to your situation, speak with a registered tax agent. Find one through the Tax Practitioners Board register.