There is no real interest charged on your debt. Your accumulated HELP debt is indexed annually to maintain its real value by adjusting it in line with changes in the cost of living (as measured by the Consumer Price Index). The indexation adjustment is made by the Tax Office on 1 June each year and applies to the portion of debt that has remained unpaid for 11 months or more. Check the indexation figure.
| On 1 June 2007, all debt incurred between January and June 2006 will be indexed and become part of the accumulated HELP debt. Debts incurred between July and December 2006 will also become part of the accumulated HELP debt, but will not be indexed until 1 June 2008. |