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 2017 to 30 June 2018. 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 $55,874 | Nil |
$55,874 to $68,602 | 2.0% |
$68,603 to $97,377 | 3.0% |
$97,378 and above | 4.0% |