CHANGES TO COMMONWEALTH SUBSIDIES AND STUDENT CONTRIBUTIONS – from 1 January 2016 -------------------------------------------------------------------------------------------------- Highlights: Students will continue to be able to defer payment of their student contribution through the Higher Education Loan Program (HELP). -------------------------------------------------------------------------------------------------- From 1 January 2016, the maximum contribution amount for students at universities and other higher education institutions will be removed and the Commonwealth subsidy paid toward the cost of the course will be reduced. Universities and higher education institutions will be able to determine the fees they charge Commonwealth supported students. Students will continue to be able to defer payment of their student contribution through the Higher Education Loan Program (HELP). Higher education graduates will not be required to commence repayment of their HELP debt until their income reaches the minimum repayment threshold which is estimated to be $50,638 in 2016-17.
Posted on: Sat, 14 Jun 2014 10:00:00 +0000
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