Student Financial Supplement Scheme (SFSS) Repayment Income and Repayment rates 2016-17

 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 2016 to 30 June 2017. 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 $54,869

Nil

$54,869 to $67,368

2.0%

$67,369 to $95,626

3.0%

$95,627 and above

4.0%