Repayment threshold - Student Loan definition
Student Loan definition for the repayment threshold.
This is the amount you can earn in a year before you have to start paying back your loan. Once you start earning more than the repayment threshold amount you'll have to pay 10 cents (10%) for every dollar over the amount.
The repayment threshold is currently $19,084.00 a year and will remain at this until 31 March 2015.
Last updated: 27 July 2011
