Student Start-up Loan

A voluntary loan you can get up to twice a year if you’re an eligible higher education student.


About the loan

The Student Start-up Loan is a voluntary $1,055 loan for eligible students who get Youth Allowance, Austudy or ABSTUDY Living Allowance.

Read more about the loan

Who can get it

If you're a student getting Youth Allowance, Austudy or ABSTUDY Living Allowance, you might be able to get a Student Start-up Loan.

Read more about who can get a Student Start-up Loan

Approved courses

You must be studying a Student Start-up Loan approved course to be eligible for the loan.

Read more about approved courses

Loan periods and payments

There are 2 Loan periods each calendar year:

Read more about the loan periods and payments


If you’re claiming Youth Allowance, Austudy or ABSTUDY Living Allowance, you can apply for the Student Start-up Loan during your claim.

If you’re already getting a student payment for a loan approved course:

  • log on to your Centrelink online account through myGov
  • select Study Details from the menu 
  • select Apply for/Manage Student Start-up Loan – choose the loan period you want to apply for
  • select accept or decline beside loan periods you wish to get the loan in
  • accept the Terms and Conditions
  • submit your application

If you’re not eligible you won’t have the option to apply in your online account.


Paying back the loan

You pay back the Student Start-up Loan through the Australian Taxation Office (ATO) when your income is more than the minimum repayment threshold.

Read more about paying back the loan

Change of circumstances

If you change courses and are still eligible for the loan, you’ll need to update your study details then re-apply for it.

Read more about change of circumstances

Manage your money

We’ve got advice and tools to help you with budgeting, borrowing and credit, and managing debt.

Read about how to manage your money.

Related payments and services

Page last updated: 27 October 2017