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szshi121(Newbie)Newbie
29 Apr 2024

I voluntarily paid off my HECS, but when I opened my myGov this year, I found that I had a debt again. It says "repayment credit amended". if the debt is paid off, it should mean that I didn't owe any money. How can I owe money again after modifying a tax return? isn't this endless? Can anyone please explain it to me? Thank you. it's too stressful.

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2 replies
225 views
2 replies

Most helpful response

Most helpful reply

KylieATO(Community Support)Community Support
29 Apr 2024

Hi @szhi121,


There are a couple of things that could affect the balance.

  • If there was an amount owing on the 1st June when the debt was indexed this would add to the loan.
  • the learning institution changed the debt amounts or
  • you amended your income tax return which reduced the amount of HECS that was applied to your debt in that year.

Check out our article - Paying my HECS HELP student loan for more information.

All replies

Most helpful reply

KylieATO(Community Support)Community Support
29 Apr 2024

Hi @szhi121,


There are a couple of things that could affect the balance.

  • If there was an amount owing on the 1st June when the debt was indexed this would add to the loan.
  • the learning institution changed the debt amounts or
  • you amended your income tax return which reduced the amount of HECS that was applied to your debt in that year.

Check out our article - Paying my HECS HELP student loan for more information.

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I paid off HECS, but it's showing up again in myGov. How? | ATO Community