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Financial assistance

The first and second years of an Australian apprenticeship can be financially difficult for those entering the workforce for the first time.

Support is available to help you when you need it most - at this early stage of your career.

Depending on the Australian apprenticeship you do and your situation, you may be eligible for one or more forms of financial support.

Trade Support Loans

Trade Support Loans are loans paid in instalments totalling up to $20,000, over the life of the apprenticeship. These loans help Australian apprentices with everyday costs while they complete their apprenticeship.

See the Australian Apprenticeships website for further information on Trade Support Loans.

Living Away from Home Allowance

The Living Away From Home Allowance (LAFHA) is an allowance for eligible Australian apprentices of any age during the first three years of training if they have to move away from their parents’ or guardians’ home in order to take up or retain an Australian apprenticeship.

See the Australian Apprenticeship website for further information about the Living Away From Home Allowance.

Youth Allowance and ABSTUDY

Australian apprentices may also be eligible to access fortnightly payments delivered by Centrelink.

See Human Services website for more information about Youth Allowance and ABSTUDY.