Youth Allowance

Youth Allowance is a scheme offered by the federal government which provides financial assistance to young people who are studying, undertaking an Apprenticeship, looking for work, or who are sick.

Youth Allowance can help students in a number of ways: through rent assistance, or an ‘away from home’ allowance, if students have to live away from their home in order to study. Those eligible for Youth Allowance will be paid a determined amount fortnightly, to help them with living expenses, travel expenses and study expenses.

For students aged between 16 and 24 and studying full-time at university, you may be eligible to claim Youth Allowance.

There are a lot of rules and regulations which dictate whether you are eligible for Youth Allowance, but if you find you are struggling financially as a student, it is worth checking out straight away. All of the information can be found on the Centrelink website.

Hot tip: It’s best to find out all you can about Youth Allowance online before you do anything else. Ringing Centrelink is a notoriously timely event. You will have to wait ages to speak to someone, and although very helpful, they will tell you to check your facts instead of asking them a tonne of questions. Going to Centrelink is even more time-consuming, as the queues are huge. Read through the paperwork online properly, and make sure you have all of the documents at hand before you phone or go to a Centrelink branch.

This is a great resource if you are investigating youth allowance for the first time.
 

Thumbnail image sourced from www.youthcentral.vic.gov.au