SA-HELP loan

How it works

Through SA-HELP, the Australian Government pays the SSAF on your behalf.

You will start paying this loan back through the tax system when your taxable income is higher than the minimum repayment threshold.

The Australian Taxation Office (ATO) calculates your compulsory repayment for the year and includes this on your income tax notice of assessment. On top of the compulsory repayments, you can make additional voluntary repayments to the ATO.

You must supply your Tax File Number (TFN) when you apply for an SA-HELP loan. If you fail to supply your TFN, your enrolment will be cancelled.

Extra costs

The outstanding balance of your SA-HELP loan will increase each year with the Consumer Price Index (CPI).