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. SSL - current rate

Current rates

In 2024, the amount of the SSL is $1,273 per qualification period (1 January to 30 June and 1 July to 31 December).

Indexation (1.1.I.100)

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.

Act reference: SSAct section 1061ZVBD Amount of SSL

Policy reference: SS Guide Student start-up loan (SSL) - description, 3.8.19 SSL - qualification & payability, 6.9 SSL repayment arrangements

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