Financial Support available for Other Study Costs – Types of Payments
Government Income Support
There are a range of government payment schemes coordinated through Centrelink to help you with the costs associated with going to university. In most cases the allowance is paid directly to you and not to an institution on your behalf. There is generally no need to pay these amounts back to the Commonwealth Government. The amount of money you are entitled to will depend on your individual circumstances.
Some of these payment options include:
ABSTUDY is a payment scheme specifically for Indigenous students. The amount of your payment will vary according to your age, study load and whether you're considered to be independent of your parents' income.
To find out more about ABSTUDY, visit:
Residential Costs Option
If you are receiving ABSTUDY you may be able to have your payment converted into a Residential Costs Option. This means that you elect to live in approved accommodation (often on campus) and have your ABSTUDY paid directly to the accommodation provider to cover your residential fees. In addition, you may still receive a reduced amount of living allowance.
To find out more about the Residential Costs Option, visit:
If you are receiving ABSTUDY and are required to relocate from your family home while studying, you may also be eligible for a Relocation Scholarship through Centrelink.
To find out more about the Relocation Scholarship, visit:
Student Start-Up Scholarship
All university students receiving ABSTUDY, AUSTUDY or Youth Allowance are entitled to a Student Start-up Scholarship for each year of their course to assist with the up-front costs of textbooks and specialised equipment.
To find out more about the Student Start-Up Scholarship, visit:
Students may also qualify for Rent Assistance payments through Centrelink if you are already claiming ABSTUDY, AUSTUDY or Youth Allowance payments and are living away from home.
The amount of Rent Assistance you are entitled to will depend on individual circumstances.
To find out more, visit:
For Overseas Study:
The OS-HELP Scheme is available to assist eligible students with covering the costs of their overseas study.
OS-HELP comes in the form of a loan provided by the Commonwealth Government and is designed to assist students to cover the upfront costs of their relocation; such as accommodation and flights. However, these students will eventually have to pay back the full cost of their overseas study once they begin to earn a high enough income. The compulsory repayment threshold for the 2016-2017 income year is $54,869.
You have no obligation to start paying off your OS-HELP Loan until you reach the income threshold, but if you wish you can make voluntary repayments at any time.
There is no loan fee for OS-HELP repayments.
For information on OS-HELP Loans go to http://studyassist.gov.au/