Changes to Higher Education Loan Program (HELP) and Trade Support Loan (TSL) repayment obligations

Changes to Higher Education Loan Program (HELP) and Trade Support Loan (TSL) repayment obligations

The deadline to report your worldwide income for the 2016–17 Australian income year is 31 October 2017. It is important you lodge on time to avoid a penalty for lodging late, even if you can’t pay straight away.

Your HELP and TSL debt will continue to be indexed each year until it is paid. You can make additional voluntary repayments from overseas at any time to reduce the balance of your debt. These repayments will not reduce any compulsory repayment obligations you may have.

For further information around the changes to HELP and TSL please contact your Walker Wayland representative.