Have you graduated from a nursing/midwifery course and are currently working as a registered nurse/midwife? If you answered yes to the above you may be eligible for the HECS-HELP benefit. The HECS-HELP benefit provides assistance for graduates who take up work in the field they studied by reducing their compulsory HELP repayments.
Are you eligible?
You are eligible if the following applies:
Is there a limit?
There is a lifetime limit of 260 weeks for the benefit as a nursing/midwife graduate. That means eligible applicants could receive the HECS‑HELP benefit for 5 years of eligible employment.
Is there a limit?
The benefit is calculated on a pro-rata basis according to the number of weeks worked in the income year period. The amount of HECS‑HELP benefit that you can receive depends on your HELP debt when you completed your course and the number of weeks worked in an eligible occupation.
The maximum HECS‑HELP Benefit as a nursing/midwife graduate is:
Is there a Time limit?
You have two years from the end of the income year for which you are applying, to lodge your application. For example, applications for the 2012–13 income year must be lodged with the ATO by 30 June 2015.
How to lodge?
We at Infinity Accounting & Financial Services can assist in lodging your application. A tax return must be completed at the time of lodgement and as such we can complete your tax return and lodge your HECS-HELP Benefit form at the same time.
This benefit is also available to the following graduates:
If you are eligible for multiple areas, multiple claims can be made so please contact us on 9792 2772 to ensure the timely completion of your tax return and HECS-HELP benefit.
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Established in 1999, Infinity Group is a multi-service firm that specialise in the areas of Finance, Property, Accounting & Taxation, Insurance and Migration Services.