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  • Writer's pictureAshley Van Rosmalen

A Comprehensive Guide to Checking Your HECS Debt Balance on MyGov


Higher education is a pathway to knowledge and future opportunities, but for many, it comes with the financial responsibility of a HECS debt. Whether you're a recent graduate embarking on your career journey or a seasoned professional looking to manage your educational debt, understanding your HECS debt is crucial. In today's digital age, the Australian government offers an online platform for easy access to your HECS debt information – MyGov. Our latest blog is designed to be your ultimate resource, guiding you step by step through the process of checking your HECS debt on MyGov.


Let's share insightful tips to empower you to take control of your educational financial commitment. You can importantly also get information about the indexation (interest) your HECS debt balance may be incurring each year as it has increased in the 23/24 financial year to 7.10%.


Log into My Gov online

Step 1

Login to My Gov


My Gov ATO services page

Step 2

Click into the Australian Taxation office. If you cannot see this, you may need to link the ATO service to your My Gov profile.

HECS debt balance displaying in My Gov

Step 3

Your balance will now be displayed, however, to see your indexation rate details click HELP title to get more information.

HECS debt balance and indexation rate

Step 4

This page will show you all your HECS debt details, from the balance, indexation rate, indexation incurred on balance and the total amount owing.


Understanding how to use MyGov to keep track of your HECS debt gives you control over your financial path. By using these digital tools, you're gaining the knowledge to make informed decisions about your future.


If you have any questions or want further assistance to check your HECS or to refinance your balance to a more competitive interest rate book a phone call with our team to see what options, you are eligible for.













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