Australia is one of the most expensive countries in the world when it comes to higher education. It's no surprise that 90 per cent of its eligible students take up a loan to pay for university. There are different types of loans, as well as scholarships, to assist students with their fees.
The Higher Education Loan Program (HELP) consists of four loan schemes.
The main one and most popular is HECS-HELP.
Under it, students who are Australian citizens can borrow money from the government for their higher education.