HECS (Higher Education Contribution Scheme) is an Australian government loan program that helps students pay for their university education. Repayments are made through the tax system once the student’s income exceeds a certain threshold, and the debt is adjusted annually for inflation.

HECS (Higher Education Contribution Scheme) is an Australian government loan program that helps students pay for their university education. Repayments are made through the tax system once the student’s income exceeds a certain threshold, and the debt is adjusted annually for inflation.