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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 5 November 2024

Compulsory 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)
  • Australian Apprenticeship Support Loan (AASL) – previously known as Trade Support Loan (TSL).

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

For more information see:

Proposed new rates and thresholds

The government has proposed changes to the repayment system and an increase to the amount you can earn before you're required to start repaying your loan.

For more information, see Study and training loans – what's new.

Current thresholds and rates

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
  • AASL

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.

2024–25 repayment income thresholds and rates

Repayment income (RI) thresholds

Repayment rate (% of repayment income)

Below $54,435

Nil

$54,435-$62,850

1.0%

$62,851-$66,620

2.0%

$66,621-$70,618

2.5%

$70,619-$74,855

3.0%

$74,856-$79,346

3.5%

$79,347-$84,107

4.0%

$84,108-$89,154

4.5%

$89,155-$94,503

5.0%

$94,504-$100,174

5.5%

$100,175-$106,185

6.0%

$106,186-$112,556

6.5%

$112,557-$119,309

7.0%

$119,310-$126,467

7.5%

$126,468-$134,056

8.0%

$134,057-$142,100

8.5%

$142,101-$150,626

9.0%

$150,627-$159,663

9.5%

$159,664 and above

10%

Previous repayment thresholds and rates

2023–24 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%

2022–23 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 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 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%

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 AASL repayment thresholds and rates

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

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%

SFSS repayment thresholds and rates

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%

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