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HIGHER EDUCATION SUPPORT ACT 2003 - SECT 154.20

Amounts payable to the Commonwealth

    The amount that a person is liable to pay under section   154 - 1, in respect of an * income year, is an amount equal to so much of the person's * repayable debt for the income year as does not exceed the percentage of the person's * repayment income that is applicable under the following table:

 

Applicable percentages

Item

If the person's repayment income is:

The percentage applicable is:

1

More than the * minimum repayment income, but less than:

(a) for the 2019 - 20 * income year--$52,974; or

(b) for a later income year--that amount indexed under section   154 - 25.

1%

2

More than or equal to the amount under item   1, but less than:

(a) for the 2019 - 20 * income year--$56,152; or

(b) for a later income year--that amount indexed under section   154 - 25.

2%

3

More than or equal to the amount under item   2, but less than:

(a) for the 2019 - 20 * income year--$59,522; or

(b) for a later income year--that amount indexed under section   154 - 25.

2.5%

4

More than or equal to the amount under item   3, but less than:

(a) for the 2019 - 20 * income year--$63,093; or

(b) for a later income year--that amount indexed under section   154 - 25.

3%

5

More than or equal to the amount under item   4, but less than:

(a) for the 2019 - 20 * income year--$66,878; or

(b) for a later income year--that amount indexed under section   154 - 25.

3.5%

6

More than or equal to the amount under item   5, but less than:

(a) for the 2019 - 20 * income year--$70,891; or

(b) for a later income year--that amount indexed under section   154 - 25.

4%

7

More than or equal to the amount under item   6, but less than:

(a) for the 2019 - 20 * income year--$75,145; or

(b) for a later income year--that amount indexed under section   154 - 25.

4.5%

8

More than or equal to the amount under item   7, but less than:

(a) for the 2019 - 20 * income year--$79,653; or

(b) for a later income year--that amount indexed under section   154 - 25.

5%

9

More than or equal to the amount under item   8, but less than:

(a) for the 2019 - 20 * income year--$84,433; or

(b) for a later income year--that amount indexed under section   154 - 25.

5.5%

10

More than or equal to the amount under item   9, but less than:

(a) for the 2019 - 20 * income year--$89,499; or

(b) for a later income year--that amount indexed under section   154 - 25.

6%

11

More than or equal to the amount under item   10, but less than:

(a) for the 2019 - 20 * income year--$94,869; or

(b) for a later income year--that amount indexed under section   154 - 25.

6.5%

12

More than or equal to the amount under item   11, but less than:

(a) for the 2019 - 20 * income year--$100,561; or

(b) for a later income year--that amount indexed under section   154 - 25.

7%

13

More than or equal to the amount under item   12, but less than:

(a) for the 2019 - 20 * income year--$106,594; or

(b) for a later income year--that amount indexed under section   154 - 25.

7.5%

14

More than or equal to the amount under item   13, but less than:

(a) for the 2019 - 20 * income year--$112,990; or

(b) for a later income year--that amount indexed under section   154 - 25.

8%

15

More than or equal to the amount under item   14, but less than:

(a) for the 2019 - 20 * income year--$119,770; or

(b) for a later income year--that amount indexed under section   154 - 25.

8.5%

16

More than or equal to the amount under item   15, but less than:

(a) for the 2019 - 20 * income year--$126,956; or

(b) for a later income year--that amount indexed under section   154 - 25.

9%

17

More than or equal to the amount under item   16, but less than:

(a) for the 2019 - 20 * income year--$134,573; or

(b) for a later income year--that amount indexed under section   154 - 25.

9.5%

18

More than or equal to the amount under item   17.

10%



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