An SA-HELP loan allows you to defer paying your student services and amenities fee (SSAF).
What it covers
- The maximum amount you can borrow in 2016 is $290.
- The maximum amount you can borrow in 2017 is $294.
To apply for an SA-HELP loan you must be:
- charged the student services and amenities fee (SSAF)
- enrolled in a higher education program at RMIT
- an Australian citizen, an Australian permanent humanitarian visa holder, or an eligible New Zealand Special Category Visa holder.
Loan payment and repayment
If your loan application is successful the Australian Government will pay RMIT, on your behalf, up to the full amount of your SSAF. This amount will become part of your accumulated HELP debt.
You only start repaying your accumulated HELP debt once you earn above the minimum income threshold for repayment, which is set each year by the Australian Government. Repayments will be automatically deducted from what you earn by the Australian Tax Office (ATO).
The Australian Government’s Study Assist website has more information about paying back your HELP loan.
Costs and charges
There is no application fee and no interest charged. However, your accumulated HELP debt will be indexed annually by the ATO to maintain its real value in line with the Consumer Price Index (CPI).
How to apply
Before you apply for an optional SA-HELP loan, you must read the Australian Government’s SA-HELP information booklet.
To apply, you need to complete the electronic Commonwealth assistance form (eCAF) on the government eCAF system before the census date for the classes you wish the loan to cover.
After you accept your offer to study at RMIT, you will be sent an email from the Department of Education and Training to your RMIT student email account with a unique passkey number for your SA-HELP application and a link to the government eCAF system.
Access your RMIT Student email account and follow the instructions in the email for how to apply.
After you apply, you can view your SA-HELP eCAF status in your online account in Enrolment Online.
After you apply
Approval and notification process
RMIT will assess your SA-HELP application after you submit it. If your application is approved, RMIT will send an email to your RMIT student email account that advises you to view your HELP approval letter in Enrolment Online.
Your HELP approval letter contains important information about the terms of your HELP loan. To view and print your HELP approval letter, log into myRMIT and select the Enrolment Online link. Select the My student record button. Under Financial details, select View HELP approval letters.
Your tax invoice and making payments
You will receive a tax invoice each semester outlining your tuition fees and charges including your student services and amenities fee. If you wish to defer all or part of your student services and amenities fees to SA-HELP you are not required to make a payment for that amount. The amount that you wish to defer will be deferred after the semester census date. However, you are still required to pay all other fees and charges by the original due date listed on your invoice e.g. tuition fees or material fees.
Commonwealth Assistance Notice (CAN)
A Commonwealth Assistance Notice (CAN) is an official statement from RMIT outlining the HELP loan or student contribution payment option you have chosen and any HELP assistance you have received. Learn more about your CAN including how to access it.