s 7
In forceSimplified outline of this Part
Chapter 2Loan payments
Part 2.1Qualification and payability
7 Simplified outline of this Part
Australian apprenticeship support loan is an income‑contingent loan. A person who receives Australian apprenticeship support loan must repay it, through the tax system, after the person’s income reaches a certain threshold.
Broadly, the requirements to receive Australian apprenticeship support loan may be met by a person who is undertaking a qualifying apprenticeship. The person must meet the requirements at the end of each instalment period for the person.
There is a lifetime limit on the total Australian apprenticeship support loan a person can receive.
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