Student Allowance: Who Qualifies and What You Get
Learn how full-time students from low-income households can receive weekly payments to help cover living costs during their studies.
This scheme provides financial support to help students cover their basic living expenses while they focus on their studies.
Who it's for
This support is available to individuals who are enrolled as full-time students. To qualify, you must come from a low-income household. The scheme is designed to assist those who need extra help managing their finances while they are pursuing their education.
What you get
If you qualify, you will receive a weekly payment. This money is intended to help you manage your day-to-day living costs, such as food and other essential expenses, while you are studying. This regular payment is meant to provide a level of financial stability throughout your time as a student.
What it costs you
There is no upfront fee to access this support, but it is means-tested. This means the amount of support you receive is determined by your specific financial circumstances and household income. You are also required to engage in regular reporting of your income to the issuing agency to ensure that your payments remain accurate and up to date.
The catch to know
A common point of confusion is whether this money must be returned later. It is important to know that this is not a loan. Unlike a student loan, you do not have to pay this money back once your studies are finished.
How to apply
- Confirm that you meet the full-time study requirements and the low-income household criteria.
- Gather any necessary information regarding your household income to assist with the means-testing process.
- Create an account and submit your application through the official portal.
- Set up a process to regularly report your income as required by the scheme rules.