Repaying your Financial Supplement debt 2012-13

Repaying your Financial Supplement debt 2012-13 (NAT 2789) is available in Portable Document Format (PDF).

Download a PDF of Repaying your Financial Supplement debt 2012-13 (447.17 KB).

Keeping track of your debt

Financial Supplement debt

You will have a Financial Supplement debt if the Australian Government lent you money under the Student Financial Supplement Scheme (SFSS).

SFSS was a voluntary loan scheme to help tertiary students cover their expenses while studying. In the fifth year of the loan being taken out, we took responsibility for collecting the outstanding balance, which became an accumulated Financial Supplement debt.

The Student Financial Supplement Scheme closed on 31 December 2003. Existing Financial Supplement debts continue to be collected through the tax system.

Responsibility for your debt

Your Financial Supplement debt is your responsibility. However, anybody can pay your debt for you. A compulsory repayment of your debt will be required if your income is above the minimum repayment threshold. We will work out your compulsory repayment for the income year based on the information in your income tax return.

For more information, see Starting repayment.