Higher Education Support Act 2003

Chapter 4 - Repayment of loans

PART 4-2 - DISCHARGE OF INDEBTEDNESS

Division 154 - How is indebtedness compulsorily discharged?

Subdivision 154-B - Amounts payable to the Commonwealth

SECTION 154-20 Amounts payable to the Commonwealth

154-20(1)
The amount that a person is liable to pay under section 154-1 , in respect of an * income year, is the amount that is the least of the following:

(a) the amount worked out under subsection (2) ;

(b) the amount equal to 10% of the person ' s * repayment income for the income year;

(c) the amount of the person ' s * repayable debt for the income year.

154-20(2)
For the purposes of paragraph (1)(a) , the amount is the sum of the following amounts:

(a) 15% of the part of the person ' s * repayment income that exceeds the * minimum repayment income but does not exceed $ 125,000;

(b) 17% of the part of the person ' s repayment income that exceeds $ 125,000.

Note:

The amount of $ 125,000 mentioned in paragraphs (a) and (b) is indexed under section 154-25 .

View history note

History

S 154-20 substituted by No 30 of 2025, s 3 and Sch 2 item 6, effective 3 August 2025 and applicable in relation to the 2025-26 income year and later income years. S 154-20 formerly read:

SECTION 154-20 Amounts payable to the Commonwealth
154-20
The amount that a person is liable to pay under section 154-1, in respect of an * income year, is an amount equal to so much of the person ' s * repayable debt for the income year as does not exceed the percentage of the person ' s * repayment income that is applicable under the following table:

Applicable percentages

Item If the person ' s repayment income is: The percentage
applicable is:

1 More than the * minimum repayment income, but less than:
(a) for the 2019-20 * income year - $ 52,974; or
(b) for a later income year - that amount indexed under section 154-25. 1%

2 More than or equal to the amount under item 1, but less than:
(a) for the 2019-20 * income year - $ 56,152; or
(b) for a later income year - that amount indexed under section 154-25. 2%

3 More than or equal to the amount under item 2, but less than:
(a) for the 2019-20 * income year - $ 59,522; or
(b) for a later income year - that amount indexed under section 154-25. 2.5%

4 More than or equal to the amount under item 3, but less than:
(a) for the 2019-20 * income year - $ 63,093; or
(b) for a later income year - that amount indexed under section 154-25. 3%

5 More than or equal to the amount under item 4, but less than:
(a) for the 2019-20 * income year - $ 66,878; or
(b) for a later income year - that amount indexed under section 154-25. 3.5%

6 More than or equal to the amount under item 5, but less than:
(a) for the 2019-20 * income year - $ 70,891; or
(b) for a later income year - that amount indexed under section 154-25. 4%

7 More than or equal to the amount under item 6, but less than:
(a) for the 2019-20 * income year - $ 75,145; or
(b) for a later income year - that amount indexed under section 154-25. 4.5%

8 More than or equal to the amount under item 7, but less than:
(a) for the 2019-20 * income year - $ 79,653; or
(b) for a later income year - that amount indexed under section 154-25. 5%

9 More than or equal to the amount under item 8, but less than:
(a) for the 2019-20 * income year - $ 84,433; or
(b) for a later income year - that amount indexed under section 154-25. 5.5%

10 More than or equal to the amount under item 9, but less than:
(a) for the 2019-20 * income year - $ 89,499; or
(b) for a later income year - that amount indexed under section 154-25. 6%

11 More than or equal to the amount under item 10, but less than:
(a) for the 2019-20 * income year - $ 94,869; or
(b) for a later income year - that amount indexed under section 154-25. 6.5%

12 More than or equal to the amount under item 11, but less than:
(a) for the 2019-20 * income year - $ 100,561; or
(b) for a later income year - that amount indexed under section 154-25. 7%

13 More than or equal to the amount under item 12, but less than:
(a) for the 2019-20 * income year - $ 106,594; or
(b) for a later income year - that amount indexed under section 154-25. 7.5%

14 More than or equal to the amount under item 13, but less than:
(a) for the 2019-20 * income year - $ 112,990; or
(b) for a later income year - that amount indexed under section 154-25. 8%

15 More than or equal to the amount under item 14, but less than:
(a) for the 2019-20 * income year - $ 119,770; or
(b) for a later income year - that amount indexed under section 154-25. 8.5%

16 More than or equal to the amount under item 15, but less than:
(a) for the 2019-20 * income year - $ 126,956; or
(b) for a later income year - that amount indexed under section 154-25. 9%

17 More than or equal to the amount under item 16, but less than:
(a) for the 2019-20 * income year - $ 134,573; or
(b) for a later income year - that amount indexed under section 154-25. 9.5%

18 More than or equal to the amount under item 17. 10%

S 154-20 amended by No 76 of 2018, s 3 and Sch 1 item 2, by substituting the table, effective 1 July 2019 and applicable in relation to the 2019-20 income year and later income years. The table formerly read:

Applicable percentages

Item If the person ' s repayment income is: The percentage
applicable is:

1 More than the * minimum repayment income, but less than:
(a) for the 2018-19 * income year - $ 57,730; or
(b) for a later income year - that amount indexed under section 154-25. 2%

2 More than the amount under item 1, but less than:
(a) for the 2018-19 * income year - $ 64,307; or
(b) for a later income year - that amount indexed under section 154-25. 4%

3 More than the amount under item 2, but less than:
(a) for the 2018-19 * income year - $ 70,882; or
(b) for a later income year - that amount indexed under section 154-25. 4.5%

4 More than the amount under item 3, but less than:
(a) for the 2018-19 * income year - $ 74,608; or
(b) for a later income year - that amount indexed under section 154-25. 5%

5 More than the amount under item 4, but less than:
(a) for the 2018-19 * income year - $ 80,198; or
(b) for a later income year - that amount indexed under section 154-25. 5.5%

6 More than the amount under item 5, but less than:
(a) for the 2018-19 * income year - $ 86,856; or
(b) for a later income year - that amount indexed under section 154-25. 6%

7 More than the amount under item 6, but less than:
(a) for the 2018-19 * income year - $ 91,426; or
(b) for a later income year - that amount indexed under section 154-25. 6.5%

8 More than the amount under item 7, but less than:
(a) for the 2018-19 * income year - $ 100,614; or
(b) for a later income year - that amount indexed under section 154-25. 7%

9 More than the amount under item 8, but less than:
(a) for the 2018-19 * income year - $ 107,214; or
(b) for a later income year - that amount indexed under section 154-25. 7.5%

10 More than the amount under item 9. 8%

S 154-20 amended by No 55 of 2016, s 3 and Sch 1 item 2, by substituting the table, applicable in relation to income years commencing on and after 1 July 2018. The table formerly read:

Applicable percentages

Item If the person ' s repayment income is: The percentage
applicable is:

1 More than the * minimum repayment income, but less than:
(a) for the 2005-06 * income year - $ 40,307; or
(b) for a later income year - that amount indexed under section 154-25. 4%

2 More than the amount under item 1, but less than:
(a) for the 2005-06 * income year - $ 44,428; or
(b) for a later income year - that amount indexed under section 154-25. 4.5%

3 More than the amount under item 2, but less than:
(a) for the 2005-06 * income year - $ 46,763; or
(b) for a later income year - that amount indexed under section 154-25. 5%

4 More than the amount under item 3, but less than:
(a) for the 2005-06 * income year - $ 50,267; or
(b) for a later income year - that amount indexed under section 154-25. 5.5%

5 More than the amount under item 4, but less than:
(a) for the 2005-06 * income year - $ 54,440; or
(b) for a later income year - that amount indexed under section 154-25. 6%

6 More than the amount under item 5, but less than:
(a) for the 2005-06 * income year - $ 57,305; or
(b) for a later income year - that amount indexed under section 154-25. 6.5%

7 More than the amount under item 6, but less than:
(a) for the 2005-06 * income year - $ 63,063; or
(b) for a later income year - that amount indexed under section 154-25. 7%

8 More than the amount under item 7, but less than:
(a) for the 2005-06 * income year - $ 67,200; or
(b) for a later income year - that amount indexed under section 154-25. 7.5%

9 More than the amount under item 8. 8%

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Applicable percentages
Item	If the person ' s repayment income is:	The percentage applicable is:
1	More than the * minimum repayment income, but less than: (a) for the 2019-20 * income year - $ 52,974; or (b) for a later income year - that amount indexed under section 154-25.	1%
2	More than or equal to the amount under item 1, but less than: (a) for the 2019-20 * income year - $ 56,152; or (b) for a later income year - that amount indexed under section 154-25.	2%
3	More than or equal to the amount under item 2, but less than: (a) for the 2019-20 * income year - $ 59,522; or (b) for a later income year - that amount indexed under section 154-25.	2.5%
4	More than or equal to the amount under item 3, but less than: (a) for the 2019-20 * income year - $ 63,093; or (b) for a later income year - that amount indexed under section 154-25.	3%
5	More than or equal to the amount under item 4, but less than: (a) for the 2019-20 * income year - $ 66,878; or (b) for a later income year - that amount indexed under section 154-25.	3.5%
6	More than or equal to the amount under item 5, but less than: (a) for the 2019-20 * income year - $ 70,891; or (b) for a later income year - that amount indexed under section 154-25.	4%
7	More than or equal to the amount under item 6, but less than: (a) for the 2019-20 * income year - $ 75,145; or (b) for a later income year - that amount indexed under section 154-25.	4.5%
8	More than or equal to the amount under item 7, but less than: (a) for the 2019-20 * income year - $ 79,653; or (b) for a later income year - that amount indexed under section 154-25.	5%
9	More than or equal to the amount under item 8, but less than: (a) for the 2019-20 * income year - $ 84,433; or (b) for a later income year - that amount indexed under section 154-25.	5.5%
10	More than or equal to the amount under item 9, but less than: (a) for the 2019-20 * income year - $ 89,499; or (b) for a later income year - that amount indexed under section 154-25.	6%
11	More than or equal to the amount under item 10, but less than: (a) for the 2019-20 * income year - $ 94,869; or (b) for a later income year - that amount indexed under section 154-25.	6.5%
12	More than or equal to the amount under item 11, but less than: (a) for the 2019-20 * income year - $ 100,561; or (b) for a later income year - that amount indexed under section 154-25.	7%
13	More than or equal to the amount under item 12, but less than: (a) for the 2019-20 * income year - $ 106,594; or (b) for a later income year - that amount indexed under section 154-25.	7.5%
14	More than or equal to the amount under item 13, but less than: (a) for the 2019-20 * income year - $ 112,990; or (b) for a later income year - that amount indexed under section 154-25.	8%
15	More than or equal to the amount under item 14, but less than: (a) for the 2019-20 * income year - $ 119,770; or (b) for a later income year - that amount indexed under section 154-25.	8.5%
16	More than or equal to the amount under item 15, but less than: (a) for the 2019-20 * income year - $ 126,956; or (b) for a later income year - that amount indexed under section 154-25.	9%
17	More than or equal to the amount under item 16, but less than: (a) for the 2019-20 * income year - $ 134,573; or (b) for a later income year - that amount indexed under section 154-25.	9.5%
18	More than or equal to the amount under item 17.	10%