OTHER CHANGES
HELP discounts to be abolished
The Government will remove the discounts applying to up-front and voluntary payments made under the Higher Education Loan Program (HELP) from 1 January 2014. The discounts to be removed are:
-
the 10% discount available to students electing to pay their student contribution up-front; and
- the 5% bonus on voluntary payments to the ATO of $500 or more.