The amount of financial assistance provided by ABSTUDY can vary depending on several factors such as the type of study or training, the individual’s circumstances, and any additional allowances they may be eligible for. It’s important to note that ABSTUDY consists of different components and allowances that contribute to the overall payment. Here are some key components of ABSTUDY payments:
- Living Allowance
- Incidentals Allowance
- Fares Allowance
- Additional Supplementary Allowances
Per your circumstance, you may be eligible to receive any of the following amounts on a fortnightly basis
No children or partner and living at home
If you’re younger than 18, your maximum fortnightly payment is $332.90
If you’re between 18 to 21, your maximum fortnightly payment is $389.40
If you’re 22 or older, your maximum fortnightly payment is $693.10
No children or partner and not living at home
If you’re younger than 22, your maximum fortnightly payment is $562.80
If you’re between 22 to 59, your maximum fortnightly payment is $693.10
If you’re 60 or older, your maximum fortnightly payment is $745.20
No partner and a dependent child
If you’re younger than 22, your maximum fortnightly payment is $720.40
If you’re 22 or older, your maximum fortnightly payment is $745.20
Partner and no dependent children
If you’re younger than 22, your maximum fortnightly payment is $562.80
If you’re 22 or older, your maximum fortnightly payment is $631.20
Partner and a dependent child
If you’re younger than 22, your maximum fortnightly payment is $612.60
If you’re 22 or older, your maximum fortnightly payment is $631.20
Masters or doctorate student
If you’re any age, your maximum fortnightly payment is $1,145.40
It’s important to note that the exact payment rates and allowances are subject to change over time, and specific eligibility criteria apply. To get the most accurate and up-to-date information regarding ABSTUDY payment rates, it is recommended to visit the official Services Australia website or contact Centrelink directly. They will be able to provide you with detailed information specific to your circumstances.