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How much can I borrow?

Eligible students can borrow up to the FEE‑HELP limit to pay their tuition fees.

For 2014, the FEE‑HELP limit is $120,002 for students undertaking medicine, dentistry and veterinary science courses (as defined in the Higher Education Support Act 2003), and $96,000 for all other students.

In 2015, the FEE‑HELP limit is $97,728 for most students. For students undertaking medicine, dentistry and veterinary science courses (as defined in the Higher Education Support Act 2003) the FEE‑HELP limit is $122,162.

Note that the higher FEE‑HELP limit only applies to courses that lead to initial registration to practice in those fields. The lower limit will apply to any further study you undertake once you have gained the requisite level for initial registration.

The FEE‑HELP limit is a lifetime limit and is not reset or ‘topped up’ by any repayments that you make. The FEE‑HELP limit is the total amount available to eligible students under both the FEE‑HELP and VET FEE‑HELP loan schemes. This means that any amount you borrow under either FEE‑HELP or VET FEE‑HELP will reduce your FEE‑HELP balance until you have reached the FEE‑HELP limit.

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