HECS Repayment on $60,000.00
See your HECS-HELP compulsory repayment on a $60,000.00 income at 2025-26 thresholds.
Last verified: 1 July 2025Quick Answer
On a $60,000.00 income, your HECS-HELP repayment is $600.00 per year ($23.08 per fortnight) at 1.0% (2025-26 rate).
HECS Repayment by Income
| Income | Annual Repayment | Rate |
|---|---|---|
| $45,000.00 | $0 | Below threshold |
| $50,000.00 | $0 | Below threshold |
| $55,000.00 | $550.00 | 1.0% |
| $60,000.00 ← You | $600.00 | 1.0% |
| $65,000.00 | $1,300.00 | 2.0% |
| $70,000.00 | $1,750.00 | 2.5% |
| $75,000.00 | $2,625.00 | 3.5% |
Calculate Your HECS Repayment
Frequently Asked Questions
How much is the HECS repayment on $60,000.00?
On a $60,000.00 repayment income, your compulsory HECS-HELP repayment is $600.00 per year ($23.08 per fortnight) at the 1.0% rate for 2025-26.
What is the HECS repayment threshold for 2025-26?
The minimum HECS-HELP repayment threshold for 2025-26 is $54,435. Below this income, no compulsory repayment is required. The rate starts at 1% and increases up to 10% for incomes above $159,664.
Is HECS repayment taken from every pay?
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.
Can I make voluntary HECS repayments?
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.
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.