ato logo
Search Suggestion:

Study and training loan repayment thresholds and rates

See the repayment thresholds and rates for the compulsory repayment of study and training support loans.

Last updated 15 June 2023

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:

See also

Study and training loan repayment thresholds and rates

2023–24

All study and training loans are covered by one set of thresholds and rates.

The hierarchy in which compulsory repayments are applied to study and training loans is:

  • 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.

2023–2024 repayment income thresholds and rates

Repayment income (RI)

Repayment rate

Below $51,550

Nil

$51,550 - $59,518

1.0%

$59,519 - $63,089

2.0%

$63,090 - $66,875

2.5%

$66,876 - $70,888

3.0%

$70,889 - $75,140

3.5%

$75,141 - $79,649

4.0%

$79,650 - $84,429

4.5%

$84,430 - $89,494

5.0%

$89,495 - $94,865

5.5%

$94,866 - $100,557

6.0%

$100,558 - $106,590

6.5%

$106,591 - $112,985

7.0%

$112,986 - $119,764

7.5%

$119,765 - $126,950

8.0%

$126,951 - $134,568

8.5%

$134,569 - $142,642

9.0%

$142,643 - $151,200

9.5%

$151,201 and above

10%

Previous repayment thresholds and rates

2022–23

2022–2023 repayment income thresholds and rates

Repayment income (RI)

Repayment rate

Below $48,361

Nil

$48,361 – $55,836

1.0%

$55,837 – $59,186

2.0%

$59,187 – $62,738

2.5%

$62,739 – $66,502

3.0%

$66,503 – $70,492

3.5%

$70,493 – $74,722

4.0%

$74,723 – $79,206

4.5%

$79,207 – $83,958

5.0%

$83,959 – $88,996

5.5%

$88,997 – $94,336

6.0%

$94,337 – $99,996

6.5%

$99,997 – $105,996

7.0%

$105,997 – $112,355

7.5%

$112,356 – $119,097

8.0%

$119,098 – $126,243

8.5%

$126,244 – $133,818

9.0%

$133,819 – $141,847

9.5%

$141,848 and above

10%

2021–22

2021–22 repayment income thresholds and rates

Repayment income (RI)

Repayment rate

Below $47,014

Nil

$47,014 – $54,282

1.0%

$54,283 – $57,538

2.0%

$57,539 – $60,991

2.5%

$60,992 – $64,651

3.0%

$64,652 – $68,529

3.5%

$68,530 – $72,641

4.0%

$72,642 – $77,001

4.5%

$77,002 – $81,620

5.0%

$81,621 – $86,518

5.5%

$86,519 – $91,709

6.0%

$91,710 – $97,212

6.5%

$97,213 – $103,045

7.0%

$103,046 – $109,227

7.5%

$109,228 – $115,781

8.0%

$115,782 – $122,728

8.5%

$122,729 – $130,092

9.0%

$130,093 – $137,897

9.5%

$137,898 and above

10%

2020–21

2020–21 repayment income thresholds and rates

Repayment income (RI)

Repayment rate

Below $46,620

Nil

$46,620 – $53,826

1.0%

$53,827 – $57,055

2.0%

$57,056 – $60,479

2.5%

$60,480 – $64,108

3.0%

$64,109 – $67,954

3.5%

$67,955 – $72,031

4.0%

$72,032 – $76,354

4.5%

$76,355 – $80,935

5.0%

$80,936 – $85,792

5.5%

$85,793 – $90,939

6.0%

$90,940 – $96,396

6.5%

$96,397 – $102,179

7.0%

$102,180 – $108,309

7.5%

$108,310 – $114,809

8.0%

$114,810 – $121,698

8.5%

$121,699 – $128,999

9.0%

$129,000 – $136,739

9.5%

$136,740 and above

10%

2019–20

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

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%

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%

QC16176