October 2019 Your UQLife Newsletter
Welcome to Your UQLife Newsletter, after great welcome weeks we are excited to share experiences, opportunities, programs, and stories from across your University.
Have you got a great UQ student experience that you would like to share? Please submit your story and you might be our next feature story. Submit story now.
2. HELP paying your fees – 2020 loan limit changes
Domestic Students
HELP paying your fees – 2020 loan limit changes
Australian Government HELP loans are available to assist eligible domestic students pay their tuition fees. From 1 January 2020 a combined HELP loan limit applies. This is a cap on what you can borrow from the Government to cover the cost of your tuition fees. HELP loans included in the combined HELP loan limit are your:
- new HECS-HELP loans (1 January 2020 onwards); plus
- existing and new FEE-HELP loans; plus
- existing and new VET FEE-HELP and VET Student Loans.
What you have available to borrow is called your available HELP balance. Your available HELP balance is your HELP loan limit for a given year, minus your HELP loan borrowings.
For 2020, for most students the HELP loan limit is $106,319. For students studying medicine, dentistry* and veterinary science the limit is $152,700.
* UQ Bachelor of Dental Science (5yr) and Bachelor of Dental Science Honours.
For more information, see the Study Assist website.