What the personal and partner assets tests for ABSTUDY Living Allowance and School Fees Allowance higher rate are

We use the assets test to help us work out if you can get ABSTUDY and how much you’ll get.

Use your online account to keep your asset details up to date, so we can pay you the right amount. If you can’t do this online, you can call the ABSTUDY line.

If you’re independent, your assets can affect your payment. There are different assets limits depending on your situation. When you claim ABSTUDY Living Allowance, you need to tell us the current market value of both your:

  • assets
  • partner’s assets, if you have a partner.

Read more about assets and the assets test limits.

If your assets stop you from getting a payment, you may still be able to get some help. If you’re in severe financial hardship, you may be able to apply under the Asset Hardship provisions.

Page last updated: 14 April 2021