We will let you know the outcome of your application by email. If successful, you will need to accept your offer and confirm your bank details straight away.
The money will then be paid into your nominated bank account within 10 working days from the time you accept the offer.
If your plans or circumstances change before you receive the funds, we may withdraw the offer.
Once you have received money from us, the debt has been incurred. It can only be repaid through the Australian Taxation Office, in the same way that you repay your student contribution through the Higher Education Contribution Scheme.
It’s your responsibility to keep track of your HELP debt and be aware of the requirements around paying it back.
After census, you will be emailed your CAN, an official statement outlining your unit of study enrolment for that session, student contribution and any HELP debt or loan fee you may have incurred.
You’ll also be able to access this in Sydney Student (go to ‘My finance’, ‘Your finances’, then ‘CAN statements’).
The CAN includes your Commonwealth Higher Education Student Support Number (CHESSN), your unique identification number. You can use this to log in to myUniAssist and track any Commonwealth assistance used for your tertiary study.
Find out more about CANs on the Study Assist website.
Once your income reaches a certain level, you are required to start paying back your accumulated HELP debt.
Find out how this works on the Study Assist website.