Student Start-up Loan
The Student Start-up Loan is a voluntary $1,077 loan for eligible students who get Youth Allowance, Austudy or ABSTUDY Living Allowance. You can get the loan up to 2 times a year, once each loan period.
Loans are tax free and you don’t need to declare them to us as income for your regular student payment.
You have to pay back the loan once you start earning a certain amount of income. You should think about how this will impact you in the long term before you apply.