7Simplified outline of this Part

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.