The proposal is to not proceed with the 2024-25 Mid-year Economic and Fiscal Outlook (MYEFO) measure Building Australia’s Future – A Fairer Deal for Students. The measure includes a 20% reduction in income contingent loans, such as HELP, as well as a marginal repayments system for those loans.

The proposal would be ongoing and start on 1 June 2025.

The proposal would provide $250 million per year to universities to ensure support and access to essential facilities and services for international students, specifically for travel and health services, and affordable student accommodation.

The proposal would be ongoing, not indexed, include departmental funding within the capped amount and start from 1 July 2026.

The proposal would provide $250 million per year to universities to ensure support and access to essential facilities and services for international students, specifically for travel and health services, and affordable student accommodation.

The proposal would be ongoing, not indexed, include departmental funding within the capped amount and start from 1 July 2026.

This proposal consists of 3 separate options to change HELP loan settings. 

• Option 1: Apply indexation after compulsory repayments have been deducted from the balance.

• Option 2: Provide debt forgiveness for all indexation amounts accrued on student debt since 1 January 2021, as at the policy start date. 

  • Those who have already paid their debt in full would be refunded the indexation amount directly.

This proposal consists of 3 separate options to change HELP loan settings. 

• Option 1: Apply indexation after compulsory repayments have been deducted from the balance.

• Option 2: Provide debt forgiveness for all indexation amounts accrued on student debt since 1 January 2021, as at the policy start date. 

  • Those who have already paid their debt in full would be refunded the indexation amount directly.

The request sought details of the total value of the tax exemption given to universities/higher education institutions for the income received from foreign students.  

The proposal would amend the Higher Education Loan Program (HELP) as follows:

The proposal would amend the Higher Education Loan Program (HELP) as follows:

The proposal would amend the Higher Education Loan Program (HELP) as follows:

The proposal would amend the Higher Education Loan Program (HELP) as follows: