1.1.S.20 Schooling percentage (CCB)

Definition

For the purposes of CCB, the schooling percentage is a loading used when calculating:

• the adjustment percentage (1.1.A.40) that, in turn, is used to calculate an applicant's CCB entitlement (1.1.E.30) for approved care (1.1.A.90), and
• an applicant's CCB entitlement for registered care (1.1.R.20).

The schooling percentage is applied to take account of the cheaper cost of providing care for a school child as opposed to a non-school child. The percentage applied is:

• 85% for school children, and
• 100% for non-school children.

Act reference: FAAct Schedule 2 clause 2 Adjustment percentage

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Last reviewed: 6 April 2009