7E
In forceAmount of ABSTUDY student start‑up loan
Part 2ABSTUDY student start‑up loans
Division 2Qualification for and amount of ABSTUDY student start‑up loan
7E Amount of ABSTUDY student start‑up loan
(1)
The amount of an ABSTUDY student start‑up loan for which a person is qualified is $1,025.
(2)
The amount of an ABSTUDY student start‑up loan is to be indexed under Division 2 of Part 3.16 of the Social Security Act 1991, on each 1 January, as if it were a student start‑up loan amount referred to in the table in subsection 1191(1) of that Act. The indexed amount is taken to be the amount specified in subsection (1) on and from that 1 January.
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