The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication is intended only as a guide to relevant legislation/policy. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

1.1.C.80 Category 2 student (SFSS)

Note: No new financial supplement loans are available from 1 January 2004.

For existing loans, a person's loan repayment arrangements will continue unchanged. Remaining loans will be collected via the taxation system.

The following SFSS guideline references remain for historical purposes.

Definition

For the purposes of the SFSS, a Category 2 student is a tertiary student who does NOT qualify for the general rate of YA because of the effect of the parental income test, the family actual means test and/or the family assets test.

Note: The general rate of YA excludes RA, PhA, RAA.

To be eligible for a Category 2 SFSS loan, a student's combined parental income and/or family actual means (if relevant) must be less than the Category 2 threshold level.

Act reference: SSAct Chapter 2B Student Financial Supplement Scheme

Policy reference: SS Guide 1.1.C.70 Category 1 student (SFSS)

Last reviewed: 20 September 2021

The Australian Government acknowledges Aboriginal and Torres Strait Islander peoples throughout Australia and their continuing connection to land, water, culture and community. We pay our respects to the Elders both past and present.