Yes, it is possible to receive Austudy payments while working. Austudy is designed to provide financial assistance to individuals who are studying or undertaking training, including those who work part-time or casually. However, your income from work may affect the amount of Austudy payment you receive. Your payment will start to reduce if your income is over $480 a fortnight.
Austudy is subject to income testing, which means that your payment amount will be reduced based on your income. The more you earn, the more your Austudy payment may be reduced. The specific income thresholds and reduction rates can change over time, so it’s important to check the official Services Australia website or contact Centrelink for the most up-to-date information.
When you apply for Austudy, you will be required to provide details about your employment, including the hours you work and your income. Centrelink will assess your income and determine the impact on your Austudy payment. It’s important to accurately report your income to Centrelink, as failing to do so may result in penalties or overpayment issues.
Additionally, working while receiving Austudy may have implications for your eligibility for other government benefits or concessions, such as healthcare cards or rent assistance. It’s advisable to check with Centrelink or Services Australia regarding the specific rules and requirements that apply to your situation.
Overall, while you can work and receive Austudy, it’s important to be aware of the income testing and reporting requirements to ensure that you receive the correct entitlement and avoid any potential issues.