Document ID: chunk:federal_register_of_legislation:C2015A00169:clause:1_6a
Version: federal_register_of_legislation:C2015A00169
Segment Type: clause
Provision Reference: sch 1 cl 6A
Character Range: 55482–56325

6A  Simplified outline of this Part

      ABSTUDY student start‑up loans are income‑contingent loans made under the ABSTUDY Scheme.
      Broadly, full‑time students who are receiving Living Allowance might be qualified for an ABSTUDY student start‑up loan. A person can qualify for up to 2 loans each calendar year. To receive a loan, a person must make a claim before the end of the relevant period for each loan.
      When the person's income reaches the minimum repayment income under the Higher Education Support Act 2003, and the person has finished repaying any debt under that Act, or under the Social Security Act 1991 in relation to a student start‑up loan under Chapter 2AA of that Act, the person must start repaying ABSTUDY student start‑up loan debt.

Division 2—Qualification for and amount of ABSTUDY student start‑up loan