The Universities Accord (Reducing Student Debt by 20%) Act 2025, effective 2 August, raises the income threshold and lowers compulsory repayments for study and training support loans. From 24 September 2025, updated Schedule 8 formulas and revised tax tables must be used for payments made on or after that date—no backdated adjustments required.
 
The Position Statement has been revised to include more details about these legislative updates and the patch availability. We encourage our customers to review the position statement regularly to stay updated. The Position Statement can be found on My Oracle Support, Doc ID 2973834.1.