Is it worth paying my HECS early?

 

CPI is applied to HECS debts on 1 June each year. The 2023 CPI is 7.1% so consider paying out part or all of your HECS debt before CPI is applied.

Make payment early to ensure the payment is applied to your HECS debt before 1 June

https://www.ato.gov.au/rates/study-and-training-loan-indexation-rates/


Tags: Individual |