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The Higher Education Loan Programme (HELP) is a large and growing government programme that supports participation in higher education. Although the costs of HELP are included in the budget financial statements, they are not separately identified to allow the impact of the programme on the budget to be readily assessed.
This report discusses the size and costs of HELP and provides an estimate of the impact of the programme on the underlying cash balance. The analysis in this paper is based on the Government’s announced policies as at the 2015–16 MYEFO.