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Austudy Payment

Austudy Payment is a Commonwealth Government of Australia income support payment for students above the age of 25 years of age, paid under the Social Security Act 1991. It commenced operation on the 1 July 1998. Students below the age of 25 years are paid Youth Allowance. Austudy is adjusted on January 1 in line with 12-month changes in inflation.[1]

In general, to qualify, one must be an Australian resident, over 25, and studying full-time at an approved education institution. However, students who were receiving Youth Allowance prior to turning 25 and are still pursuing the same course of study continue to receive Youth Allowance until they finish (or otherwise terminate) their course. Unlike Youth Allowance, Austudy Payment customers are considered independent from their parent/s and are not subject to the Parental Income Test, Family Assets Test and the Family Actual Means Test.[2]

From 1 July 1998 to 31 December 2007, Austudy Payment recipients were not entitled to Rent Assistance. As a result of the 8 May 2007 Federal Budget Announcement, the Australian Government legislated to provide Rent Assistance as a supplementary payment to eligible recipients from 1 January 2008

Like most Australian Government Department of Human Services (Australia) payments, administered under the Centrelink master program, Austudy Payment is subject to a personal and/or partner income and assets test.

From 1 April 2010, eligible higher education Austudy Payment recipients, became eligible for a Student Start-Up Scholarship for each semester of higher education study, at an approved higher education institution in Australia. This scholarship has not been made available to students studying Vocational Education or Secondary School level courses.

See also edit

References edit

  1. ^ Clun, Rachel (5 December 2022). "Youth Allowance, Austudy payments to get biggest lift in decades". The Sydney Morning Herald. Retrieved 9 August 2023.
  2. ^ Australian master financial planning guide 2010/11. Mendel, Jonathan (Editor-in-Chief), Macquarie Bank., CCH Australia Limited. (13th ed.). North Ryde [N.S.W.]: CCH Australia. 2010. ISBN 978-1-921593-85-7. OCLC 660256311.{{cite book}}: CS1 maint: others (link)

External links edit

austudy, payment, this, article, about, payment, those, aged, over, from, july, 1998, onwards, combined, scheme, from, 1987, june, 1998, austudy, scheme, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, c. This article is about payment to those aged 25 and over from 1 July 1998 onwards For combined scheme from 1987 to 30 June 1998 see AUSTUDY Scheme This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Austudy Payment news newspapers books scholar JSTOR April 2013 Learn how and when to remove this template message Austudy Payment is a Commonwealth Government of Australia income support payment for students above the age of 25 years of age paid under the Social Security Act 1991 It commenced operation on the 1 July 1998 Students below the age of 25 years are paid Youth Allowance Austudy is adjusted on January 1 in line with 12 month changes in inflation 1 In general to qualify one must be an Australian resident over 25 and studying full time at an approved education institution However students who were receiving Youth Allowance prior to turning 25 and are still pursuing the same course of study continue to receive Youth Allowance until they finish or otherwise terminate their course Unlike Youth Allowance Austudy Payment customers are considered independent from their parent s and are not subject to the Parental Income Test Family Assets Test and the Family Actual Means Test 2 From 1 July 1998 to 31 December 2007 Austudy Payment recipients were not entitled to Rent Assistance As a result of the 8 May 2007 Federal Budget Announcement the Australian Government legislated to provide Rent Assistance as a supplementary payment to eligible recipients from 1 January 2008Like most Australian Government Department of Human Services Australia payments administered under the Centrelink master program Austudy Payment is subject to a personal and or partner income and assets test From 1 April 2010 eligible higher education Austudy Payment recipients became eligible for a Student Start Up Scholarship for each semester of higher education study at an approved higher education institution in Australia This scholarship has not been made available to students studying Vocational Education or Secondary School level courses See also edit nbsp Australia portalABSTUDY for Aboriginal and Torres Strait Islander students and apprentices Australian Tertiary Admission Rank List of universities in Australia Youth Allowance for below 25 years old References edit Clun Rachel 5 December 2022 Youth Allowance Austudy payments to get biggest lift in decades The Sydney Morning Herald Retrieved 9 August 2023 Australian master financial planning guide 2010 11 Mendel Jonathan Editor in Chief Macquarie Bank CCH Australia Limited 13th ed North Ryde N S W CCH Australia 2010 ISBN 978 1 921593 85 7 OCLC 660256311 a href Template Cite book html title Template Cite book cite book a CS1 maint others link External links editAustudy Centrelink Retrieved from https en wikipedia org w index php title Austudy Payment amp oldid 1199913986, wikipedia, wiki, book, books, library,

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