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Student Financial Supplement SchemeStudent Financial Supplement Scheme loans are no longer available. If you have an outstanding loan you still need to pay the money back. On this page Repaying your loanRepaying your loan is voluntary for the first 5 years of your loan contract. You get a discount on your loan if you make any voluntary repayments. Compulsory repayments start on 1 June of the 6th year of your loan contract, through the Australian Taxation Office. Making repaymentsCompulsory repaymentsAfter 5 years, your loan balance is transferred to the Australian Taxation Office. Your compulsory repayments are collected through the tax system. Repayment rates
Repayment rate adjustmentsYour loan amount is adjusted on 1 June each year in line with the Consumer Price Index—that is, in line with increases in the costs of living. Find out more
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