SFSS Student Financial Supplement repayment thresholds and rates 2015

The income levels for repayment of the Student Financial Supplement Scheme (SFSS) and the repayment rates for the 2014/15 financial year are set out below.

2014-15

Repayment income (RI*) thresholdsRepayment rate
Below $53,345Nil
$53,345-$65,4972% of RI
$65,498-$92,9703% of RI
$92,971 and above4% of RI

*RI= Taxable income plus any total net investment loss (which includes net rental losses), total reportable fringe benefits amounts, reportable superannuation contributions and exempt foreign employment income.