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Have you heard of the Student Start-up Loan? 🎓It's a voluntary $1,321 loan for Youth Allowance, Austudy or ABSTUDY Living Allowance students. 📚You can use it to help set yourself up with laptops, textbooks and any other costs that relate to your study. 💻You’ll need to pay it back once you start earning more than a certain amount of income. 🎓This includes what you borrowed, plus indexation which is added at the end of each financial year (30 June). 📚You need to repay the Student Start-up Loa
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The Student Start-up Loan is voluntary and available twice a year. You can borrow $1,321 up to twice a year if you’re getting Youth Allowance, Austudy or ABSTUDY living allowance. You’ll need to pay it back once you start earning more than a certain amount of income. This includes what you borrowed plus indexation which is adjusted each year for the cost-of-living. Check if this is right for you at: servicesaustralia.gov.au/what-student-start-up-loan | Services Australia
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Have you applied for Youth Allowance, Austudy or ABSTUDY? You can find out where your claim is up to online. Watch the video below to learn how. For more information, visit: https://www.servicesaustralia.gov.au/when-will-i-find-out-about-my-student-payment-claim | Services Australia
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