Category Archives: Centrelink

How to become eligible for Youth Allowance or Austudy?

There is a few different criteria that determines whether you are eligable for either Austudy or Youth Allowance. These criteria are applied to make sure that Australian’s which apply for them do actually need the payments, I mean if you already have 10 million in your bank account lets face it you dont need Centrelink to help you pay the bills.

Australian Residency

Firstly, you must be Australian resident to be eligible to claim either Austudy or Youth allowance.

Assets Test

Two of the major ongoing criteria you need to meet each fortnight to be eligible for each payment is the Income Test and the Assets Test. The Assets test assesses how much assets you have in order to be eligible, you literally need to have hundreds of thousands of dollars before this becomes and issue that could affect your eligibility.

Income Test

You need to meet the Income test every fortnight to determine how much of the total amount of the benefit payment for Youth Allowance or Austudy you are entitled to if you are entitled at all. It works on a sliding scale where if you earn a certain amount of money they reduce your entitlement and if you earn enough money from a part time or casual Job you may loose any entitlement for that fortnight. You can earn a small amount of money in a fortnight before they start to reduce your entitlement and if you don’t earn anything then this will accumulate in what’s called an Income Bank which will be carried into future fortnights.

Liquid Assets Test

In addition to the Assets test is the Liquid assets test where if you have thousands of dollars of cash or cash equivalents on hand then they may delay your first benefit payment for up-to 13 weeks depending on how much you have.

Age requirements

People over the age of 25 may be eligible for Austudy, while people between 16 to 24 may be eligible for Youth allowance.

So whats the Difference?

Both Youth Allowance and Austudy are essentially very similar, they have the same rates of pay and benefits. However from what I gather the difference is that Centrelink has created two different payments to distinguish between younger and older students, this enabled them to apply the independence test and parental means test on younger people whose parents can support them. If your interested in finding out more about the difference between Youth Allowance and Austudy click here.


I hope this makes sense as I know it can be quite confusing at first to figure out how it works. If you need any further clarification its best to contact Centrelink as they can provide you more accurate information and even advice on your eligibility. Im not a representative of Centrelink and only wrote this article hoping to make some sense of how these benefits work for students if you want advice its best to contact a Centrelink

How much Rent Assistance will I get?

You may be thinking that the amount of rent assistance you will be entitled too is a straight forward thing to ask. Rent assistance is actually determined through a test which is applied to the level of rent you will be paying as a eligible recipient of Centrelink payments. The way it works is likeContinue Reading

2013-14 Australian Federal Budget: What this means to Students

Recently there was announcements on the news about the budget for the next financial year, this impacts students in a couple of different ways. Overall I think students got the rough end of the stick, the Centrelink Start-up scholarship will be made into loans, tax deductions on self education will be abolished and the 10% discount forContinue Reading

Failing the Independence Test

Many students find that they are not eligible to receive Youth Allowance because their Parents earn too much money. Essentially what has happened to cause this is Centrelink has what’s called a “Independence test” where students must prove they are not dependent on their parents, and if their parents earn too much money often students will notContinue Reading

Centelink Benefits what are students entitled to?

Students who are eligible can receive one or a few different types of benefit payments from Centrelink. They may not be much, but they certainly take the edge off struggling through Uni and give you a chance to focus on study without having to hold down a full time Job while doing full time study.Continue Reading

Centrelink and Receiving Gift’s of Money

When someone’s parents give them money to help them through University how does this affect the money they receive each fortnight? This is actually a quite tough question and after having spoken to Centrelink staff myself I found even they have difficulty communicating whether that the money will affect their Youth Allowance or Austudy. EssentiallyContinue Reading

Centrelink Eligability: Liquid Assets test

The liquid-assets Waiting test is a test Centrelink applies on new applicants to determine if they have too much money that is easily accessible. Essentially if the applicant has too much money they will need to wait a Liquid Assets Waiting period of up-to 13 weeks Liquid Assets Test: On the day you stop workContinue Reading

Centrelink Rent Assistance

If your family lives in the same city as where your university is located, you can often choose to stay to minimize your financial burden. However, if you’re from the country or your preferred university is in another city, you might not be able to get away from having to pay rent. For many people, rent isContinue Reading

Calculating Your Centrelink Pay Rates

Calculating Your Centrelink Pay Rates  As a student, it could be difficult to juggle university and work to make ends meet. Depending on your particular circumstances, you may qualify for Centrelink payments to lighten your burden. If you qualify, the amount of your Centrelink entitlements depends on a variety of different factors. It’s difficult toContinue Reading

Youth Allowance

Youth Allowance If you are thinking of applying for Youth Allowance or already receiving Youth Allowance, there’s good news for you. The Australian government is pledging a bigger budget for Youth Allowance recipients. This leads to two extra supplementary payments per year on top of the current payments.   What is Youth Allowance? The YouthContinue Reading is not a credit provider and does not act as a intermediary between any credit providers. This website does not provide Financial Product Advice or deal in the sale of any financial product. If you require this service it is recommended to seek the help of a professional. You should consider your own specific circumstances before making any Financial decision.