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Paying for uni? HECS vs Upfront payment (2 Viewers)

biopia

WestSyd-UNSW3x/week
Joined
Nov 12, 2008
Messages
341
Gender
Male
HSC
2009
I have a few questions... :/

If I elect to take out a HECS-HELP loan, can I still make the $500+ contributions and still get the 20% discount? And also, can I make $500+ contributions throughout the year (after the census date) and still get the 20% discount?

I love maths, but this money stuff is just scary... lol
 
Joined
Aug 10, 2008
Messages
77
Gender
Male
HSC
2009
I had a serious panic attack earlier because I'm still on PR and since PRs can't get HECS, I was really worried about being able to pay. It sucked cause I did apply and get approved for Citizenship last year but it's taking a long time to get to the ceremony. I called them up and thry said I'll be going on March 18th, the census date is March 31st.
Is 31st the census date for UNSW? Because I applied for the full payment fee so I can make my timetable, as I couldn't tick "HECS-HELP DISCOUNT PAYMENT" (I haven't received my TFN yet). I should receive it shortly though (applied 4-5 weeks ago). Hopefully it's not too late. stresses
 
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bregitta

Red is for Rad
Joined
Oct 6, 2006
Messages
188
Gender
Female
HSC
2007
This will be my 3rd year of using HECS and I still haven't paid a cent. I'm charged ~$1k per unit, and have completed 19...so I already owe a decent amount. It's heartbreaking getting the letter explaining the % it has increased by each year, but tbh I have better things to spend my money on.

I could pay each semester upfront and get something like $400 off, but that means I have ~$5k less in my bank account. If my parents were willing to pay my HECS then I would definitely take the upfront option, but with the costs of uni and being a teenager, I would rather enjoy the money I'm earning on my shitty wage, and pay the government back when I'm loaded.
 

Bananaberry

Member
Joined
Jan 15, 2010
Messages
210
Gender
Female
HSC
2003
^ but when you are 'loaded' you will have more expenses to pay for. What are your expenses at the moment?
 

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