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  • Study and training loan repayment thresholds and rates

    The repayment thresholds and rates are updated annually for the compulsory repayment of

    • Higher Education Loan Program (HELP)
    • VET Student Loan (VSL)
    • Student Financial Supplement Scheme (SFSS)
    • Student Start-up Loan (SSL)
    • ABSTUDY Student Start-up Loan (ABSTUDY SSL)
    • Trade Support Loan (TSL).

    Find out about:

    Follow the links below for the specific thresholds and rates you need:

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    Study and training loan repayment thresholds and rates

    2019-20

    From 1 July 2019, all study and training loans are covered by one set of thresholds and rates.

    In addition, the hierarchy in which compulsory repayments are applied to study and training loans, was changed to the following;

    • HELP
    • VSL
    • SFSS
    • SSL
    • ABSTUDY SSL
    • TSL

    Note repayment income (RI) is taxable income plus any total net investment loss (which includes net rental losses), total reportable fringe benefits amounts, reportable super contributions and exempt foreign employment income.

    2019–20 repayment income thresholds and rates

    Repayment income (RI)

    Repayment rate

    Below $45,881

    Nil

    $45,881 - $52,973

    1.0%

    $52,974 - $56,151

    2.0%

    $56,152 – $59,521

    2.5%

    $59,522 - $ 63,092

    3.0%

    $63,093 - $66,877

    3.5%

    $66,878 - $70,890

    4.0%

    $70,891 - $75,144

    4.5%

    $75,145 - $79,652

    5.0%

    $79,653 - $84,432

    5.5%

    $84,433 - $89,498

    6.0%

    $89,499 - $94,868

    6.5%

    $94,869 - $100,560

    7.0%

    $100,561 - $106,593

    7.5%

    $106,594 - $112,989

    8.0%

    $112,990 - $119,769

    8.5%

    $119,770 - $126,955

    9.0%

    $126,956 - $134,572

    9.5%

    $134,573 and above

    10%

    Previous repayment thresholds and rates

    HELP, SSL, ABSTUDY SSL, and TSL repayment thresholds and rates

    2018–19

    2018–19 repayment income thresholds and rates for HELP, SSL, ABSTUDY SSL and TSL

    Repayment income (RI)

    Repayment rate

    Below $51,957

    Nil

    $51,957 – $57,729

    2.0%

    $57,730 – $64,306

    4.0%

    $64,307 – $70,881

    4.5%

    $70,882 – $74,607

    5.0%

    $74,608 – $80,197

    5.5%

    $80,198 – $86,855

    6.0%

    $86,856 – $91,425

    6.5%

    $91,426 – $100,613

    7.0%

    $100,614 – $107,213

    7.5%

    $107,214 and above

    8.0%

    2017–18

    2017–18 repayment income thresholds and rates for HELP, SSL, ABSTUDY SSL and TSL

    Repayment income (RI)

    Repayment rate

    Below $55,874

    Nil

    $55,874 – $62,238

    4.0%

    $62,239 – $68,602

    4.5%

    $68,603 – $72,207

    5.0%

    $72,208 – $77,618

    5.5%

    $77,619 – $84,062

    6.0%

    $84,063 – $88,486

    6.5%

    $88,487 – $97,377

    7.0%

    $97,378 – $103,765

    7.5%

    $103,766 and above

    8.0%

    SFSS repayment thresholds and rates

    2018–19

    2018–19 repayment income thresholds and rates for SFSS

    Repayment income (RI)

    Repayment rate

    Below $51,957

    Nil

    $51,957 – $64,306

    2%

    $64,307 – $91,425

    3%

    $91,426 and above

    4%

    2017–18

    2017–18 repayment income thresholds and rates for SFSS

    Repayment income (RI)

    Repayment rate

    Below $55,874

    Nil

    $55,874 – $68,602

    2%

    $68,603 – $97,377

    3%

    $97,378 and above

    4%

    Last modified: 13 Dec 2019QC 16176