HELP loan amount
If a student has no HELP loan for a unit of study then the value for element 558 (HELP Debt) must be "0". This includes exempt and overseas students.
If a student has a HELP loan for the unit of study then the value for element 558 (HELP Debt) must equal element 384 (Total Amount Charged) minus element 381 (Amount Paid Upfront).
For FEE‐HELP undergraduate courses and VET courses this must exclude the loan fee which is reported separately in element 529 (Loan fee).
Calculating the HECS‐HELP loan for a unit of study prior to 1 January 2017
The HECS‐HELP discount was discontinued from 1 January 2017. For information on how to calculate element 558 for a pre‐2017 Commonwealth supported student please refer to the glossary - Calculating pre-2017 HECS-HELP debts.