Australian Government - Department of Defence - Department of Veteran's Affairs

Subsidy tiers for 2020-21

Subsidy tier

Minimum Permanent service

Minimum Reserve service

Subsidised loan limit

Maximum monthly subsidy

1

4 years

8 years

$300,243

Up to $206

2

8 years

12 years

$450,365

Up to $309

3

12 years

16 years

$600,486

Up to $412

The subsidised loan limits for 2020-21 are used to calculate your DHOAS subsidy if your first payment period commenced within 2020-21.

They do not apply to subsidies first paid in July 2020 that cover the payment periods of May or June 2020. In this case, your subsidy is calculated on the 2019-20 subsidised loan limits.

*Estimated monthly subsidy values based on the July 2020 median interest rate. These monthly subsidy values fluctuate based on changes in the median interest rate.


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