Commonwealth Numbered Acts

HIGHER EDUCATION SUPPORT LEGISLATION AMENDMENT (STUDENT LOAN SUSTAINABILITY) ACT 2018 (NO. 76, 2018) - SCHEDULE 4

Part 1 -- Amendments

Higher Education Support Act 2003

1  Subsection 137-10(2)

Repeal the subsection, substitute:

             (2)  The amount of the * FEE-HELP debt is:

                     (a)  if the loan relates to * FEE-HELP assistance for a unit of study provided by a Table B provider--the amount of the loan; or

                     (b)  if paragraph (a) does not apply and the loan relates to * FEE-HELP assistance that forms part of an * undergraduate course of study--an amount equal to 125% of the loan; or

                     (c)  if neither paragraph (a) nor (b) applies--the amount of the loan.

Part 2 -- Application of amendments

2  Application--FEE-HELP debts

The amendments of section 137-10 of the Higher Education Support Act 2003 made by Part 1 of this Schedule apply in relation to a loan made on or after 1 January 2019.