![]() If you're doing on-the-job training through an apprenticeship or traineeship scheme, your employer may agree to pay your wage while you get your qualification. Some employers may even pay for your course fees or other study expenses. Paid study leaveĪsk your employer if they offer paid study leave or can give you time to study during work hours. See self-education expenses on the Australian Taxation Office website to find out more. You may be able to claim some of your study expenses as a tax deduction. If your course is relevant to your job, you may be able to get help with the cost of study. ![]() Studying or training is a great way to upskill or get ahead in your career. See the HELP repayment thresholds and rates on the Study Assist website. This amount is called the 'compulsory repayment threshold'.ĭepending on how much you earn, you may pay between 1% and 10% of your income. When you start earning above $46,620 per year, you have to start repaying your HELP debt through the tax system. available for approved courses at the diploma level and above.helps cover tuition fees for vocational education and training (VET) courses.use it for: living costs (like rent and bills) or course-related costs (like tools).students who receive Youth Allowance, Austudy, or ABSTUDY.use it for: travel costs, accommodation or study expenses.Commonwealth supported place students who want to study overseas.use it for: student services and amenities fees.fee-paying undergraduate and postgraduate students.students enrolled in a Commonwealth supported place (CSP).The government also offers loans for students and apprentices receiving government benefits.įind out if you're eligible for a HELP loan and how to apply:.The Higher Education Loan Program (HELP) helps students pay for expenses like course fees.You may be eligible for a government loan to help cover the costs of studying: Check the Scamwatch website for the latest information about scams. See banking and credit scams for what to look for to spot a scam, and how to protect yourself. For example, someone could offer you a discount on your course fees if you pay through them. If someone you don't know asks for your personal details or offers you a special deal, it could be a scam. See problems paying your bills and fines. If you're finding it hard to pay a big bill, ask if you can get an extension or pay in instalments. Try setting yourself calendar reminders for things like: Save for an emergency fund to build a safety net for unexpected expenses.Open a savings account to start putting a little bit aside.This will help you cope with big bills and avoid money problems in future. Start saving some money - no matter how small the amount you can put aside. If you’ve recently moved to Australia, see help for refugees, humanitarian entrants and new arrivals on the Services Australia website. Aboriginal or Torres Strait Islander student or apprentice.25 or older and a student or apprentice.24 or younger and a student or apprentice. ![]() These payments can help to cover your living expenses while you study or look for work.įind out if you're eligible and how to apply: Apply for government benefitsĪs a student, you may be eligible to receive Centrelink payments. See transaction accounts and debit cards for tips on how to find the best bank account. Get a no-fee transaction accountĪ transaction account is an account you use for day-to-day banking like paying bills and getting money from work. Know how much you're spending so you can start saving.
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