220.127.116.11 SSL - current rate
In 2020, the amount of the SSL is $1,094 per qualification period (1 January - 30 June and 1 July - 31 December).
On 1 January each year, the amount of the SSL is indexed in line with CPI increases for the previous June quarter, rounded to the nearest dollar.
Timing of payments
A person can receive up to 2 loans per calendar year. The loan will be paid as close to the beginning of each university semester as possible.