How to check my HECS Debt

Higher Education Contribution Scheme: If you studied at an Australian higher institution and are an Australian citizen or permanent resident, you can owe money under the Higher Education Contribution Scheme (HECS). HECS is a loan that assists qualifying students in covering the costs of their higher education. Do not panic if you are unsure of your debt amount. Checking your HECS loan balance is simple. How to check my HECS Debt.

Login to your myGov Account

Logging into your myGov account is the first step to learning your HECS loan balance. You can register for an account at if you haven’t already. You can access a number of government services using this secure online platform, including the ATO.

Go to the Australian Taxation Office (ATO) Section

Navigate to the ATO (Australian Taxation Office) area after signing into your myGov account. You can obtain information about your debt here because the ATO is in charge of managing HECS debts.

Check Your HECS Help Debt Balance

The “Loan accounts” page should show the balance of your HECS loan. You need to be available to see the loan balance as well as any payments you’ve made.

HECS Debt Balance$N/A
Repayment Threshold$N/A
Repayment Rate0.0%
Voluntary Repayments$N/A
Amount Paid this Year$N/A
Interest Charged$N/A
Payment StatusUp to date

Contact the ATO

You can get in touch with the ATO directly if you have any queries or concerns concerning your HECS debt. 13 28 61 is the number to call. They can assist you with creating a payment schedule, comprehending your debt, and learning about your possibilities for repaying it.

hecs debt indexation 2023

One day ago Nine days from now, on June 1, the $74 billion in HECS/HELP debt will climb by 7%, or more over $5 billion. The increase, according to the budget documents, is only worth $3.6 billion.

The HECS/HELP debt is expected to rise by 7% on June 1, 2023, according to the information found in the search results. Although the budget papers predict an increase of about $3.6 billion, the debt will increase in value by more than $5 billion overall. It is significant to remember that the precise sum of the increase may change based on the person’s existing debt and the relevant indexation rate.


It’s easy to do online and you may check your HECS loan balance at any time. You can better understand your debt by taking the steps outlined here, and you can then begin making repayment plans. You must gradually pay back your HECS debt because it is a loan. The good news is that HECS loans don’t charge interest and have flexible repayment schedules. Contact the ATO for help if you need it or if you’re having trouble managing your debt.

Frequently Asked Questions(FAQ)

how do I find my HECS debt on myGov?

  1. You must do the following these steps:
  2. Please enter your username and password to access your MyGov account.
  3. Select the “ATO” section.
  4. Select “Loan accounts” from the “Accounts” menu.
  5. Your HECS-HELP debt balance is shown here.

why is my HECS debt not going down?

  • HECS Debt not going down, you contact the Australian Taxation Office (ATO) for assistance.

how to check my HECS debt online?

  • By logging into your MyGov account and visiting the ATO section, you may check your HECS debt balance online.

what is my HECS debt?

  • Your HECS debt is a loan that aids in covering the cost of your Australian higher education. Once your salary rises above a particular level, you must repay the loan.