Federal Register of Legislation - Australian Government

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Administered by: Education and Training
Published Date 16 Mar 2015

 

 

 

 

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 2015-16 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 A/g Director, Financial Estimates and Payments Unit, Higher Education Reform Group, Department of Education and Training, GPO Box 9880, Canberra City, ACT 2601, or by telephoning       (02) 6240 9930.

 

Section

Description

 

154-10

 

The minimum repayment income for the 2015-16 income year is $54,125.

 

 

 

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 2015-16 income year:

 

Applicable percentages

Item

If the person’s repayment income is:

1

$60,293

2

$66,457

3

$69,950

4

$75,191

5

$81,433

6

$85,719

7

$94,332

8

$100,520