Now accepting early signups

Pay off your HECS
with your spare change

Every time you buy a coffee or tap your card, HECSHelp rounds up to the nearest dollar and puts the difference toward your student debt. Automatically.

If this sounds like an app that will benefit you, register your interest below

Free to join. No credit card required.

How long will it take to pay my HECS debt? →

Join 240+ Australians already on the waitlist

Model your own payoff

How long until it's actually gone?

Adjust your debt, income and indexation to see the compulsory repayment only path — then add your own personal HECSHelp round-ups to see how much time you could potentially buy back, making you debt free sooner.

Inputs

Starting HECS debt$30,000

Annual repayment income$75,000

Indexation rate (CPI/WPI)2.3%

The average yearly sits around 1.5–4%

Yearly pay rise3.0%

Repayment thresholds are assumed to rise 3% a year, so a 3% pay rise keeps you in the same bracket

Extra round-ups / week$50

Balance over time

Compulsory repayments only

With HECSHelp round-ups

Compulsory only

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With HECSHelp

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Compulsory repayment uses the 2026–27 ATO marginal schedule (nil to $69,528, 15c/$1 to $129,717, then $9,028 + 17c/$1 to $186,050, then 10% above that). Indexation and the compulsory repayment are applied once a year; self-chosen round-ups are paid/applied once your desired threshold has been achieved and approved by you to be released. Your income grows by the pay rise you set each year, while repayment thresholds are assumed to rise 3% a year. Actual results will differ. This is a simplified planning estimate, not tax or financial advice.

How it works

Four steps, zero effort

Link your bank

Connect your everyday spending account. We use read-only access — we can see your transactions but never touch your money without permission.

Upload your HECS statement

Your statement allows us to input your existing HECS debt, and obtain your unique BPAY code, which will be used for your personal HECSHelp account.

Spend normally

Every purchase gets rounded up to the nearest dollar. We track the difference silently in the background — no action needed from you.

Watch debt shrink

Once your round-ups hit your selected amounts ($5, $10, $15, $20) we send a BPAY payment directly to your HECS account with your funds. You get a notification. That's it.

See it in action

A week of random spending

Here's what round-ups from an example week of spending look like — tiny amounts that add up fast.

This week's transactions

☕

Seven Seeds

$5.50 spent

+$0.50

🛒

Woolworths

$67.35 spent

+$0.65

🚲

Lime bike

$6.30 spent

+$0.70

🍜

Guzman y Gomez

$14.80 spent

+$0.20

⛽

BP Fuel

$88.42 spent

+$0.58

→ sent to your HECS this week

$2.63

Progress toward $5 transfer 53%

Once your selected round-up amount has been reached a prompt will be sent to you with a notification to release those funds from your bank account to your HECS balance

The HECS reality

Australians are sitting on a mountain of student debt

The average HECS debt keeps growing every year with indexation. Small, consistent payments are the most painless way to reduce your debt fast.

$26k

Average HECS debt per Australian graduate

2.9M

Australians with an active HECS balance

Indexation

Your HECS debt is indexed every year averaging 2.35% since 2013, this is compounded every 1 June - let us help you help yourself

ATO indexation tax rates

Early access

Be first when we launch

We're building HECSHelp now. Join the waitlist and we'll reach out as soon as we're ready — early members get 3 months free.