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got my 20% in!!

December 10th, 2025 at 03:00 am

So our govt gave students 20% off their loans this year and if you paid them off after the 1 june then you got the 20% in cash...I paid mine off in august...was waiting for the 20% but it took to long so just paid it off. So I ended up with around $5400 to add to our savings...so that was nice.

Christmas shopping is done although hubby had his phone stolen yesterday so annoyed as he has only had it 6 weeks so now we have to get another one today so frustrating...hopefully we can claim on insurance

Other than that we are doing okay and just living 1 day at a time

4 Responses to “got my 20% in!!”

  1. Suemn Says:
    1765399221

    So good to hear that you got your student loan paid off. They seem to hang around forever.

  2. mumof2 Says:
    1765426147

    Ours our different here because we are indexed once a year on june 1st which is currently at 3.2%
    The repayment system changed, with the minimum income threshold rising to $67,000,and repayments are now calculated only on income above this new threshold, using marginal rates, starting in the 2025-26 income year.

    Allows people to have more money in their pockets and if you make under 67k you dont have to pay anything till you break that threshold

  3. Amber Says:
    1765575715

    Awesome!

  4. rob62521 Says:
    1765734296

    That's wonderful!

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