See your HECS-HELP compulsory repayment on a $120,000.00 income at 2025-26 thresholds.
Last verified: 21 May 2026On a $120,000.00 income, your HECS-HELP repayment is $7,950.00 per year ($305.77 per fortnight) at 6.6% (2025-26 rate).
| Income | Annual Repayment | Rate |
|---|---|---|
| $105,000.00 | $5,700.00 | 5.4% |
| $110,000.00 | $6,450.00 | 5.9% |
| $115,000.00 | $7,200.00 | 6.3% |
| $120,000.00 ← You | $7,950.00 | 6.6% |
| $125,000.00 | $8,700.00 | 7.0% |
| $130,000.00 | $9,550.00 | 7.3% |
| $135,000.00 | $10,400.00 | 7.7% |
On a $120,000.00 repayment income, your compulsory HECS-HELP repayment is $7,950.00 per year ($305.77 per fortnight) at the 6.6% rate for 2025-26.
From 1 July 2025, HECS-HELP uses a marginal repayment system. The 2025-26 minimum threshold is $67,000 — below this, no compulsory repayment is required. From $67,001 to $125,000 you repay 15% of the income above $67,000. From $125,001 to $179,285 you repay $8,700 plus 17% of the income above $125,000. From $179,286 you repay 10% of your total repayment income.
Yes. Your employer withholds HECS-HELP repayments from each pay based on your income and the ATO withholding schedule. The amount is included in your tax withholding.
Yes. You can make voluntary repayments at any time through the ATO. However, the 5% bonus for voluntary repayments over $500 was discontinued from 1 January 2022.
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FairWork Mate is an independent commercial service. We are not affiliated with, endorsed by, or associated with the Fair Work Ombudsman, the Fair Work Commission, or any Australian Government agency. Content is general information and estimates only — not legal, financial, or tax advice. Always verify with the Fair Work Ombudsman (13 13 94) or a qualified professional.
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