Most useful information for Apprenticeship

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  1. Top payments
  2. Income Bank

How to manage Income Bank credits

There’s a maximum number of credits you can have in your Income Bank.

Gifting

If you give away your income or assets, they may still count towards your income and assets tests. This also applies if you sell them for less than they’re worth.

Payment and Service Finder

An online tool to see what payments and services you may be eligible for.

  1. Youth Allowance for students and Australian Apprentices
  2. How to report and manage your payment

Change of circumstances while getting Youth Allowance for students and Australian Apprentices

You must tell us if things change when you’re getting Youth Allowance for students and Australian Apprentices as it may affect your payment.

Manage the money you get from your payment

We’ve got tips and tools to help you with budgeting, borrowing and credit, and managing debt.

Annual parental income reassessment

If you’re dependent and get Youth Allowance or ABSTUDY, we may need your parents’ or guardians’ income details each year.

  1. Youth Allowance for students and Australian Apprentices
  2. How to report and manage your payment

Youth Allowance for students and apprentices if you travel outside Australia

There are rules about when you can get Youth Allowance for students and Australian Apprentices when you travel outside Australia.

Paid Parental Leave counted as income

We treat Paid Parental Leave (PPL) as taxable income. This means Parental Leave Pay counts in your income test for payments from us.

Online review of study details

We may send a letter to your myGov inbox asking you to do an online review of your study details.

Vocational Education and Training - VET Student Loans

Eligible students can get a VET Student Loan (VSL) to access higher level VET qualifications.

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Page last updated: 10 December 2021.
QC 60176