Waiving indexation on accumulated HELP debt
Application forms are now available for indexation waivers on your accumulated HELP debt.
You may be eligible to apply if you are a teacher in a very remote area of Australia (using the ABS Remoteness Structure) at any of the following:
- a school providing primary or secondary education
- a centre based day care service or
- a preschool.
If you commenced teaching at a school in a very remote area on or after 14th of February 2019, you may be eligible to apply. Indexation can be waived while you are teaching at a school in a very remote area. Once you are no longer teaching in a very remote area, indexation on any remaining HELP debt will recommence.
Remission of accumulated HELP debt
Applications for remission of HELP debts will be available from 2023. Once you have been engaged as a teacher, including an early childhood teacher, for four years in a very remote area, you may be eligible to have your outstanding HELP debt remitted.
Teachers must complete four years full time in a six-year period, or the pro-rated part time equivalent, commencing on or after the start of the 2019 school year. The HELP debt to be remitted would be up to the cost of obtaining your initial teacher education qualification.
The debt to be remitted is limited to the HELP debt outstanding at the commencement of your placement, and to a maximum of five years of education qualification related tuition costs. The department will work with you and the Australian Taxation Office to calculate this amount.
More information about remitting very remote teachers HELP debts is available on the Department of Education website, or by emailing veryremotehelp [at] dese.gov.au.