Senate debates
Monday, 13 August 2018
Bills
Higher Education Support Legislation Amendment (Student Loan Sustainability) Bill 2018; In Committee
1:38 pm
Cory Bernardi (SA, Australian Conservatives) Share this | Hansard source
Thank you, Minister. I'm happy to move it. I'm mindful, though, that there are a couple of people on the crossbench who are pretty intent on going to a swearing in in the other chamber, if it should be available. Nonetheless, that being said, Mr Chairman—
The TEMPORARY CHAIR: Move swiftly, then, Senator Bernardi.
by leave—I move Australian Conservatives amendments (1) and (2) on sheet 8417 together:
(1) Clause 2, page 2 (at the end of the table), add:
(2) Page 41 (after line 16), at the end of the Bill, add:
Schedule 4—FEE -HELP debts
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.
These amendments effectively just remove the inconsistency and the unfair levy that is placed upon students at four particular universities.
No comments