Can you get Youth Allowance over 24?
Can you get Youth Allowance over 24?
Youth Allowance – a payment for full-time students and Australian apprentices aged 16 to 24 years old. Austudy – a payment for full-time students and Australian apprentices aged 25 years and older.
What happens to Youth Allowance when you turn 25?
If you’re getting Youth Allowance as a student or Australian Apprentice at the time you turn 25, you won’t move to Austudy. You’ll keep getting Youth Allowance until you finish your current course or apprenticeship.
How much money do you get for Youth Allowance?
The maximum Youth Allowance payment rates per fortnight:
|Under 18, living at home||$253.20|
|18 or over, living at home||$304.60|
|Away from home||$462.50|
|Single, with children||$606.00|
|Member of a couple, no children||$462.50|
How much can I earn on Youth Allowance student?
Job seekers getting Youth Allowance If you get Youth Allowance as a job seeker you can earn money and still get your payment. We’ll start to reduce your payment if your income is more than $150 a fortnight. Your payment will reduce by 50 cents for each dollar of income you have between $150 and $250.
Can you get Youth Allowance if you live at home?
You may get a higher rate of Youth Allowance. This is if you need to live away from your parents’ home to look for work. If you’re dependent and get Youth Allowance or ABSTUDY, we may need your parents’ or guardians’ income details each year.
Can I get Youth Allowance if I have a job?
If you’re unemployed, or you’re not in full time work, you may get Youth Allowance as a job seeker. This can include if you’re doing part time or casual work. If you get Youth Allowance and you earn income over a certain amount, it will affect how much you get.
Is Youth Allowance based on parents income?
Centrelink will assess either your income, or the income of your parents when you apply for Youth Allowance. If you are applying as a dependent, Centrelink will test the income of your parent(s), and will in addition consider any dependent children under 21 years of age under the Family Pool ruling.
What is the maximum student allowance?
Your income can be up to $227.18 a week (before tax), before it affects your Student Allowance. After this, your Student Allowance reduces cent for cent. Your Student Allowance weekly payment is $278.19 (after tax) or $314.36 (before tax).
Does Youth Allowance depend on parents income?
Young people under the age of 22 can access the full rate of Youth Allowance if they are independent from their parents. However, if they’re still dependent, then a parental income test applies. The threshold for that is $54,677. You lose 20 cents for every dollar above that threshold that your parents earn.
How often do you get paid Youth Allowance?
Youth Allowance is an automatic payment that you receive every fortnight, paid straight into your bank account. The rate of pay depends on things like: if you have a job. how much you’re earning if you do have a job.
Do you get Youth Allowance or Austudy as a student?
Eligible students may receive Youth Allowance, Austudy or Pensioner Education Supplement while undertaking approved Masters by coursework programs that are required for entry to a profession. To find out more information about Masters by coursework approval for student payments, go to the approved courses page.
What should I do if I get a youth payment?
When you apply for a Youth Payment we usually discuss your situation with your parents or caregivers. There are some circumstances when this won’t happen, eg if you are married or in a civil union. Most young people are better off if they finish their education or are in training for future work.
Who is eligible for AUSTUDY or ABSTUDY living allowance?
Full-time higher education students undertaking a relevant approved course and receiving Youth Allowance (student), Austudy or ABSTUDY Living Allowance may be eligible for the Student Start-up Loan to help with the up-front costs of studying.