Paying of HECS-HELP Debt.(Co-op related) (1 Viewer)

[arjungamer123]

Just a quick question about paying off HECS debt.

Is it possible to pay off HECS debt during the year, or at the end of the year?

I only ask because my Co-op Scholarship gives me enough money to pay off the HECS debt during the year, but doesn't give me this money all at once, rather in fortnightly payments during the year. Due to this, I can't make the full upfront payment, rather a partial upfront payment.

 

[arjungamer123]

Bump

 

[arjungamer123]

You can make payments to your hecs any time you wish. These payments when not needed, achieve a 10 percent discount, as opposed to the 20 percent of paying over $500 in a lump sum

You shouldve really read the hecs booklet before signing it in my opinion.

Haha I did read it, well, just barely.