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558 HELP debt amount

Description

The HELP debt amount for a unit of study or SA-HELP loan

Details

Version: 6.0
First year: 2018
Last year: -
Field name: HELP-DEBT
Element name: HELP debt amount

Code format:

Data Type: Numeric
Units: Numeric, right justified with leading and trailing zeros if needed
Width: 8

Classification

CODE MEANING
00000000 No HELP debt
00000001 to 99999999 HELP debt amount including cents

Coding notes

General

If a student has no HELP debt for a unit of study then the value for Element 558 (HELP Debt) must be "00000000". This includes exempt and overseas students.

If a student has a HELP debt for the unit of study then the value for Element 558 (HELP Debt) must equal Element 384 (Total Amount Charged) minus Element 381 (Amount Paid Upfront).

Values less than 10000000 must have leading and trailing zeros, not spaces. For example, $585 is to be expressed as "00058500" and $585.45 is to be expressed as "00058545".

For FEE‑HELP undergraduate courses and VET courses this must exclude the loan Fee which is reported separately in Element 529 (Loan fee).

Calculating the HECS‑HELP debt for a unit of study prior to 1 January 2017

The HECS‑HELP discount was discontinued from 1 January 2017. For information on how to calculate Element 558 for a pre‑2017 Commonwealth supported student please refer to the glossary - Calculating pre-2017 HECS-HELP debts.

Please refer to the Glossary for further information about terminology used in this document.

Input files

Higher Education Student:

  • Student Load Liability (LL) & Revised Student Load Liability (RL)
  • SA-HELP (SA)

VET Student:

  • VET Student Load Liability (VLL) & Revised Student Load Liability (VRL)

Change History

Details of all versions of this data element can be found on its supporting information page.


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