Australian Apprenticeship Support Loans Act 2014

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, Australian apprenticeship support loan is available to apprentices undertaking certain kinds of apprenticeships. If a person makes an application and meets all the requirements, payments will be made regularly to the person.

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 and certain other income-contingent loan schemes, the person must start repaying Australian apprenticeship support loan debt.