Higher Education Support Amendment (Job-Ready Graduates and Supporting Regional and Remote Students) Act 2020 (93 of 2020)

Schedule 4A   Up-front payment discount

Higher Education Support Act 2003

4   At the end of section 93-15

Add:

(3) A payment made in relation to a unit of study for which a person is liable to pay the person's *student contribution amount is not an up-front payment in relation to the unit to the extent that:

(a) the payment; or

(b) if other such payments have already been made in relation to the unit - the sum of the payment and all of those other payments;

exceeds 90% of the person's *student contribution amount for the unit.

Note 1: For when the Commonwealth pays one-ninth of the up-front payments made in relation to a unit of study, see sections 96-2 and 96-3.

Note 2: It is a condition of grants under Part 2-2 that a higher education provider not accept, from a student who is entitled to HECS-HELP assistance for a unit of study, up-front payments in relation to the unit totalling more than 90% of a student's student contribution amount for the unit: see section 36-50.