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I was a bit cocky and I didn’t always work as hard as I should. Soon enough, I was on track to fail some of my classes – so I decided to pull the pin.
What I failed to recognise was how much it would cost me. As I withdrew after the census date, I had to pay for the courses I never completed.
It’s just one of the many mistakes you can make when you don’t understand how the student loan system works.
If you’re starting at university or TAFE, or wondering about your student debt, here are some important things to keep in mind.
What is HELP debt and how does it work?
The Higher Education Loan Program (HELP) is a loan provided by the Australian Government to help cover the cost of your university fees. You might know the scheme by its former name, HECS. Læs mere What I wish I knew earlier about my student HELP debt