1.1.S.20 Schooling percentage (CCB)
For the purposes of CCB, the schooling percentage is a loading used when calculating:
- the adjustment percentage (1.1.A.40) that, in turn, is used to calculate an applicant's CCB entitlement (1.1.E.30) for approved care (1.1.A.90), and
- an applicant's CCB entitlement for registered care (1.1.R.20).
The schooling percentage is applied to take account of the cheaper cost of providing care for a school child as opposed to a non-school child. The percentage applied is:
- 85% for school children, and
- 100% for non-school children.
Act reference: FAAct Schedule 2 clause 2 Adjustment percentage