Method statement

Step 1.   Take the person's * accumulated HELP debt for the immediately preceding financial year. (This amount is taken to be zero if the person has no accumulated HELP debt for that financial year.)

Step 2.   Take the HELP debts (if any) that the person incurred during the last 6 months of the immediately preceding financial year. Group them according to whether the debts are in relation to:

  (a)   units undertaken with a higher education provider that formed part of one particular * course of study with that provider; or

  (b)   units undertaken with a higher education provider that formed part of one particular course of study with another higher education provider; or

  (c)   units that formed part of one particular * bridging course for overseas - trained professionals; or

  (d)   units access to which was provided by * Open Universities Australia; or

  (e)   * OS - HELP assistance, the entitlement to which relates to the person's enrolment in a * course of study with one particular higher education provider (see paragraph   118 - 1(1)(c)); or

  (ea)   * SA - HELP assistance for * student services and amenities fees imposed on the person by one particular higher education provider; or

  (eb)   * STARTUP - HELP assistance for an * accelerator program course provided by one particular higher education provider; or

  (f)   units undertaken with a * VET provider that formed part of one particular * VET course of study with that provider; or

  (g)   units undertaken with a VET provider that formed part of one particular VET course of study with another VET provider; or

  (h)   a * VET student loan in relation to one particular course of study.

  Note:   There will be more than one group of debts under paragraph   (a) if the person incurred debts in relation to more than one course of study with a provider. Similarly, there could be more than one group of debts under paragraph   (b), (c), (e), (ea), (eb), (f), (g) or (h).

Step 2A.   Work out the total for each group of debts. If the total for a particular group is an amount consisting of a number of whole dollars and a number of cents, the total for that group is taken to be the number of whole dollars. If the total for a group is an amount of less than one dollar, the total for the group is taken to be zero.

Step 2B.   If there is more than one group of debts for the person, add together the totals for all of the groups.

Step 3.   Subtract the sum of the amounts by which the person's debts referred to above are reduced because of any * voluntary repayments that have been made during the period:

  (a)   starting on 1   June in the immediately preceding financial year; and

  (b)   ending immediately before the next 1   June.

Step 4.   Subtract the sum of all of the person's * compulsory repayment amounts that:

  (a)   were assessed during that period (excluding any assessed as a result of a * return given before that period); or

  (b)   were assessed after the end of that period as a result of a return given before the end of that period.

Step 5.   Subtract the sum of the amounts by which any * compulsory repayment amount of the person is increased (whether as a result of an increase in the person's * taxable income of an * income year or otherwise) by an amendment of an assessment made during that period.

Step 6.   Add the sum of the amounts by which any * compulsory repayment amount of the person is reduced (whether as a result of a reduction in the person's * taxable income of an * income year or otherwise) by an amendment of an assessment made during that period.