Student Assistance Act 1973
Part 2
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ABSTUDY student start-up loans
Division 2
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Qualification for and amount of ABSTUDY student start-up loan
SECTION 7E
AMOUNT OF ABSTUDY STUDENT START-UP LOAN
7E(1)
The amount of an ABSTUDY student start-up loan for which a person is qualified is $1,025.
7E(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.
View history note
Hide history noteThe amount of an ABSTUDY student start-up loan for which a person is qualified is $1,025.
7E(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.