$1000 Student Payment was introduced by the Australian government as a one-time financial assistance program to assist eligible students in difficult circumstances, such as during the COVID-19 pandemic or other crises.
A voluntary loan called the Student Start-up Loan is given to eligible students who receive Youth Allowance, Austudy, or ABSTUDY Living Allowance.
Loans are tax deductible, so you don’t need to disclose them to us as income in order to make your regular student payment.
You are required to return the loan if your salary reaches a specific level. Think about how applying for the $1000 Student Payment Australia may effect you in the future before you apply.
Student Start Up Loan Eligibility
Fulfill the following requirements to qualify for the Student Start-up Loan:
1. While enrolled in school, get $1 or more in ABSTUDY Living Allowance, Austudy, or Youth Allowance.
2. Give us your Tax File Number. Respect the research guidelines.
3. Apply as soon as possible—no later than 35 days before the completion of your course—and throughout the loan period.
4. If you are an ABSTUDY student but do not get the ABSTUDY Living Allowance, you may still be eligible.
5. Presuming we send you any of the following payments: Energy Supplement Youth Disability Supplement.
$1000 Student Start Up Loan Payment Period
There are two $1000 Student Start Up Loan Payment Periods in a calendar year.
January 1 to June 30
July 1 through December 31
How To Claim $1000 Student Start Up Loan Australia
1. You may apply for the Student Start-up Loan if you are receiving or have received a student payment.
2. If you’re receiving any of the following student payments, you are eligible to apply for a $1000 Student Start-Up Loan Australia: Youth Allowance Austudy Living Assistance (ABSTUDY).
If your Centrelink online account is linked to myGov and you are already getting student payments for a course that has been approved for a loan, you can do the following:
1. sign into myGov.
2. Click Update Circumstances after selecting Payments and Claims from the menu.
3. Choose Apply for/Manage Student Start-up Loan and proceed as directed to complete your application.
4. If you don’t already have one, you will need to create a myGov account and an online account with Centrelink.
5. If you are not qualified for the Student Start-up Loan, you will not be able to apply using your online account.
6. If this is your first time taking a course that has been approved for a loan, you can only apply after it starts.
$1000 Student Payment Australia
To qualify for a Student Start-up Loan, you must finish the $1000 Student Payment Australia Study Rules.
In order to qualify for a Student Start-up Loan, you need to be enrolled full-time in an approved course.
Furthermore, during the 35th day after one of the following, you must be studying for the course: During the loan time, the course begins on the day of your qualifying exam.
Student Start Up Loan Amount
| Your Situation | Student Start Up Loan Amount |
| Single, no children | $639.00 |
| Single, with children | $806.00 |
| A couple, no children | $639.00 |
| A couple, with children | $691.80 |