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 repayment rates and thresholds
The Australian 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 repayment 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
- exempt foreign employment income.
|
Repayment income (RI) thresholds |
Repayment rate (% of repayment income) |
|---|---|
|
Below $56,156 |
Nil |
|
$56,156–$64,837 |
1.0% |
|
$64,838–$68,726 |
2.0% |
|
$68,727–$72,851 |
2.5% |
|
$72,852–$77,222 |
3.0% |
|
$77,223–$81,855 |
3.5% |
|
$81,856–$86,766 |
4.0% |
|
$86,767–$91,973 |
4.5% |
|
$91,974–$97,491 |
5.0% |
|
$97,492–$103,341 |
5.5% |
|
$103,342–$109,542 |
6.0% |
|
$109,543–$116,115 |
6.5% |
|
$116,116–$123,081 |
7.0% |
|
$123,082–$130,466 |
7.5% |
|
$130,467–$138,294 |
8.0% |
|
$138,295–$146,593 |
8.5% |
|
$146,594–$155,388 |
9.0% |
|
$155,389–$164,711 |
9.5% |
|
$164,712 and above |
10% |
Note: The Australian Government has proposed changes to the repayment system to take effect from 1 July 2025 subject to the passage of legislation. The rates above will apply until the new legislation changes have been made.
Previous repayment 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% |
|
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% |
|
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% |
|
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% |
|
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.
|
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% |