Published: 26 March 2026
Your Income Bank credits can offset your income, so you keep more of your student payment while you work.
When you get a student payment, any income you earn may reduce your payment. We start reducing your payment when your income is over $539 every fortnight, before tax.
Your Income Bank helps you keep more of your payment.
If you earn less than $539 in a fortnight, you can save the difference as a credit. Then, when you earn more than $539, we’ll use your income bank credits before lowering your student payment.
Learn more about how Income Bank works.
This information was printed 26 March 2026 from https://www.servicesaustralia.gov.au/income-bank-can-help-if-youre-studying-full-time-and-working. It may not include all of the relevant information on this topic. Please consider any relevant site notices at https://www.servicesaustralia.gov.au/site-notices when using this material.