Student Financial Supplement Scheme (SFSS) Repayment Income and Repayment rates 2015-16
Notice for Gazettal
This notice specifies the repayment incomes and repayment rates for the Student Financial Supplement Scheme (SFSS) for the financial year 1 July 2015 to 30 June 2016. These have been determined according to subsection 12ZLC of the Student Assistance Act 1973, and subsection 1061ZZFD of the Social Security Act 1991.
For repayment income in the range: | Percentage rate to be applied to repayment income: |
Below $54,126 | Nil |
$54,126 to $66,456 | 2.0% |
$66,457 to $94,331 | 3.0% |
$94,332 and above | 4.0% |