Higher Education Support Act 2003

Chapter 3 - Assistance to students  

PART 3-3 - FEE-HELP ASSISTANCE  

Division 104 - Who is entitled to FEE-HELP assistance?  

Subdivision 104-B - FEE-HELP balances  

SECTION 104-15   A person ' s FEE-HELP balance  

104-15(1)  


A person ' s FEE-HELP balance at a particular time is:


(a) if the *FEE-HELP limit in relation to the person at the time exceeds the sum of all of the amounts of *FEE-HELP assistance, *VET FEE-HELP assistance and *VET student loans that have previously been payable to the person, being that sum as reduced by any amounts previously re-credited under this Subdivision, Subdivision 7-B of Schedule 1A or Part 6 of the VET Student Loans Act 2016 - that excess; and


(b) otherwise - zero.

Note:

If an amount is to be re-credited to a FEE-HELP balance, the balance that is to be re-credited is worked out immediately before that re-crediting. The balance is worked out after the re-crediting by taking account of the amount re-credited. If a person ' s FEE-HELP limit has been reduced, the balance might not increase, or might not increase by the same amount as the amount re-credited.

104-15(2)  


To avoid doubt, the sum referred to in paragraph (1)(a) includes amounts of *FEE-HELP assistance, *VET FEE-HELP assistance and *VET student loans that have been repaid.

 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.