Income and assets tests for ABSTUDY

We may use income and assets tests to work out how much you should be paid. We might assess your income, your family’s income and your partner’s income.

If you claim ABSTUDY, we will use a personal income test and other tests to work out how much you should be paid. The test that results in the lowest payment rate will apply.

If you are younger than 22 years of age and do not meet any of the independence criteria, you are dependent. We will use a personal income test and a parental income test to work out how much ABSTUDY you can get.

If you are independent, we will use a personal income test and personal assets test to work out how much ABSTUDY you can get. If you have a partner, their income and assets will also affect your payment.

Read more about the independence test for ABSTUDY.

Personal income test

We will test your personal income if you are 16 years of age or older, or if you are an independent Australian Apprentice younger than 16 years of age. The personal income test assesses your gross income.

We update the personal income test on 1 January, 20 March, and 20 September each year.

If you earn:

  • less than $433 a fortnight, you will get the full payment
  • between $433 and $519 a fortnight, we will reduce your payment by 50 cents for each dollar you earn over $433
  • more than $519 a fortnight, we will reduce your payment by $43.00 plus 60 cents for each dollar you earn over $519

You can earn more without affecting your payment with Income Bank. You can save up credits in your Income Bank when you earn less than $433 in a fortnight. Students can save up to $10,800 in Income Bank credits each year. Apprentices can save up to $1,000 each year.

Read more about Income Bank.

Personal assets test

If you are a student or an Australian Apprentice and you are independent, assets you own can affect your payment. The asset limits depend on whether or not you have a partner or own your own home. We will ask you to provide the current market value of your assets when you claim ABSTUDY.

Read more about assets and the asset test limits.

If you are in severe financial hardship but are not eligible for ABSTUDY because of the assets test, you may be paid under Asset Hardship provisions.

Parental income test

Your parents or guardians must do the parental income test every year if you are:

  • a dependent student or Australian Apprentice aged 16 years of age or older, or
  • a dependent student who is younger than 16 years of age and approved to live away from home

They do not need to do the parental income test if you are in state care.

They also do not need to do the parental income test if they:

  • receive an income support payment
  • receive ABSTUDY Living Allowance, or
  • have a Health Care Card

Read more about doing the annual parental income test reassessment

We use either the parental income test or the personal income test to determine your payment rate, depending on which one affects the payment more.

Your siblings’ circumstances may also affect your payment rate if they are dependent on your parents or guardians and get:

  • ABSTUDY Living Allowance
  • any means tested School Fees Allowance
  • Youth Allowance, or
  • Assistance for Isolated Children Boarding Allowance

If your parents' or guardians’ taxable income for the 2014–15 tax year was $51,027 or less, this income test won’t affect your ABSTUDY Living Allowance or any means-tested School Fees Allowance you may get.

If your parents or guardians earnt more than $51,027 in the 2014–15 tax year, we will pay you 20 cents less for every dollar over $51,027. Your parents or guardians must tell us if there are any changes to their income.

Sometimes, if there are big changes in your parents’ or guardians’ income, we will test their income in the current tax year and your payment rate may change. It might also change if your siblings’ circumstances change.

Partner income test

You must do the partner income test if you are an independent student or Australian Apprentice with a partner.

If you are younger than 22 years of age, we will reduce your payment by 60 cents for every dollar your partner earns over the threshold. This threshold depends on your partner’s circumstances; for example, their age and whether they receive a payment from us.

If you are 22 years of age or older, your partner can earn up to $928 a fortnight. We will reduce your payment by 50 cents for every dollar over this $928 a fortnight threshold. If you have dependent children, your partner can earn more before it affects your payment. How much more this is will depend on the age and circumstances of your child or children.

Page last updated: 2 February 2016

This information was printed Friday 12 February 2016 from humanservices.gov.au/customer/enablers/income-and-assets-tests-abstudy It may not include all of the relevant information on this topic. Please consider any relevant site notices at humanservices.gov.au/siteinformation when using this material.