DEPARTMENT OF EDUCATION AND TRAINING

 

 

NOTIFICATION UNDER THE HIGHER EDUCATION SUPPORT ACT 2003

 

The following notice specifies the repayment incomes and repayment rates for the Higher Education Loan Program (HELP) for the 2016-17 income year. It has been made under the Higher Education Support Act 2003.  A copy of the repayment incomes and rates can be obtained from the Study Assist website at www.studyassist.gov.au or the Director, Legislation Strategy and HELP Policy team, Higher Education Group, Department of Education and Training, GPO Box 9880, Canberra City, ACT 2601, or by telephoning (02) 6240 9604.

 

Section

Description

 

154-10

 

The minimum repayment income for the 2016-17 income year is $54,869.

 

 

 

154-20

The following are the amounts referred to in paragraph (b) of the second column of items 1 to 8 of the table in section 154-20 for the 2016-17 income year:

 

Applicable percentages

Item

If the person’s repayment income is:

1

$61,120

2

$67,369

3

$70,910

4

$76,223

5

$82,551

6

$86,895

7

$95,627

8

$101,900