Increases to Student Allowances and Student Loan Living Costs
21 November 2017.
From 1 January 2018, Student Allowance rates and the maximum amount students can borrow for living costs will increase by $50 a week.
No changes are being made to eligibility rules for Student Allowances or Loans.
Student Allowance payments
Where the rate reflects the living costs of two adults, the increase will be $100 a week.
- single students aged under 24 and living away from home will go from $177.03 to $227.03 a week
- single students with children will go from $329.57 to $379.57 a week
- couples with children (where one partner is not enrolled in more than half of a full-time course) will go from $379.34 to $479.34 a week.
Student Allowance recipients will not need to do anything to receive the increased rate.
The increase in the Student Allowance rates means some students who previously wouldn’t have received an allowance due to personal or parental income will now be entitled.
Student Loan Living Costs
The maximum amount students can borrow through a Student Loan to help pay for living costs will also rise by $50 a week – from $178.81 to $228.81 a week.
We’ll be in touch with Student Loan applicants to let them know what they need to do if they want to receive some, or all, of the additional living costs.
Fees free for first year students
Work is continuing to deliver the first year of fees-free education and training from 1 January next year.
For now students are advised to continue with their applications for student loans and allowances and we’ll update you as soon as the details are confirmed.
We encourage students to apply by 16 December and provide their supporting documents promptly to ensure their applications are sorted for the start of the 2018 academic year.