S 96-2 repealed by No 64 of 2022, s 3 and Sch 4 item 11, effective 1 January 2023 and applicable in relation to an up-front payment made in relation to a unit of study that has a census date on or after 1 January 2023. S 96-2 formerly read:
SECTION 96-2 Payments to higher education providers
-
partial up-front payment of student contribution amount
Up-front payments made for one unit of study only
96-2(1)
If:
(a)
a student is entitled to an amount of *HECS-HELP assistance for a unit of study (the
relevant unit
) in which the student is enrolled with a higher education provider; and
(b)
one or more *up-front payments have been made in relation to the relevant unit; and
(c)
both of the following apply:
(i)
the amount of that up-front payment, or the sum of those up-front payments, is less than 90% of the student
'
s *student contribution amount for the relevant unit;
(ii)
the amount of that up-front payment, or the sum of those up-front payments, is $500 or more; and
(d)
either:
(i)
the student is not enrolled with a provider as a *Commonwealth supported student in relation to any other units of study that have the same *census date as the relevant unit; or
(ii)
if the student is so enrolled in relation to one or more such other units of study, no up-front payments have been made for any of those units;
the Commonwealth must pay the amount of HECS-HELP assistance for the relevant unit in accordance with subsections (3) and (4).
Up-front payments made for more than one unit of study
96-2(2)
If:
(a)
a student is entitled to an amount of *HECS-HELP assistance for a unit of study (the
relevant unit
) in which the student is enrolled with a higher education provider; and
(b)
one or more up-front payments have been made in relation to the relevant unit; and
(c)
the student is enrolled with the provider as a *Commonwealth supported student in relation to one or more other units of study that have the same *census date as the relevant unit; and
(d)
one or more up-front payments have been made in relation to one or more of those other units; and
(e)
both of the following apply:
(i)
the sum of the up-front payments made in relation to the relevant unit and those other units is less than 90% of the sum of the student
'
s *student contribution amounts for the relevant unit and those other units;
(ii)
the sum of the up-front payments made in relation to the relevant unit and those other units is $500 or more;
the Commonwealth must pay the amount of HECS-HELP assistance for the relevant unit in accordance with subsections (3) and (4).
Payment of loan amount
96-2(3)
The Commonwealth must:
(a)
as a benefit to the student, lend to the student an amount equal to the difference between the amount of *HECS-HELP assistance for the relevant unit and the *HECS-HELP discount for the relevant unit; and
(b)
pay to the provider the amount lent in discharge of that amount of the student
'
s liability to pay the student
'
s *student contribution amount for the relevant unit.
Payment of discount amount
96-2(4)
The Commonwealth must, as a benefit to the student, pay to the provider an amount equal to the *HECS-HELP discount for the relevant unit in discharge of that amount of the student
'
s liability to pay the student
'
s *student contribution amount for the relevant unit.
HECS-HELP discount
96-2(5)
The
HECS-HELP discount
for a unit of study is an amount equal to one-ninth of the *up-front payment, or the sum of all of the up-front payments made, in relation to the unit.
Example:
Robert is required to pay a student contribution amount for a unit of study of $2,745 by 31 January 2021, and makes an up-front payment in relation to the unit of $900 on 20 January 2021.
Robert is entitled to HECS-HELP assistance for the unit of $1,845 ($2,745 minus $900), which the Commonwealth must pay to the higher education provider.
The up-front payment in relation to the unit exceeded $500 so there is a HECS-HELP discount of $100 (one-ninth of $900). The Commonwealth lends to Robert the remainder of the HECS-HELP assistance in relation to the unit, an amount of $1,745 ($1,845 minus $100).
S 96-2 inserted by No 93 of 2020, s 3 and Sch 4A item 7, applicable in relation to an up-front payment made in relation to a unit of study that has a census date on or after 1 January 2021.