A notice has been gazetted specifying the repayment incomes and repayment rates for the Student Financial Supplement Scheme (SFSS) for the 2015-16 financial year. The details are:
SFSS repayment rates 2015-16
For repayment income in the range | Percentage rate to be applied to repayment income |
Below $54,126 | Nil |
$54,126 to $66,456 | 2% |
$66,457 to $94,331 | 3% |
$94,332 and above | 4% |
[LTN 66, 9/4/15] [IT 9/4/15]