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Income support scholarships

The Student Start Up Scholarship

Centrelink administers and coordinates all payments for the Student Start-up Scholarship. Students on a full-time sudy load and receiving income support in the form of

Youth Allowance, Austudy, and ABSTUDY may be eligible to receive these tax free payments for up to eight semesters of undergraduate studies.

Note: Students currently receiving the Commonwealth Education Cost Scholarship (CECS) administered through UTS Scholarships Office, are not eligible for the Student Start-Up Scholarship.

Proposed changes: New about the Start Up Scholarship and the Start Up Loan from 2014

Subject to the passge of legislation, it is proposed that from 1 January 2014, the Start Up Scholarship will be 'grand-fathered'/phased-out.

The Start Up Loan replaces the Start Up Scholarship for any new student receiving Youth Allowance, Austudy or ABSTUDY for the first time, OR

for any continuing student recipient who has experienced an interruption in the payment claim of their Youth Allowance, Austudy or ABSTUDY benefit.

Continuing students on a full-time study (or greater than 75% EFTSL) may continue to be eligible for the the Start Up Scholarship. Any action that interrupts your current payment of Youth Allowance, Austudy or ABSTUDY, such as Leave of Abscence or completing an ineligible study load, will automatically also end your eligibility for any future Start Up Scholarship payment.

The Start Up Loan

Eligible students will have the option to take out The Start Up Loan, also called the 'Income Contingent Loan', from January 2014. 

You will not be required to repay the loan until you reach the ATO income threshold for compulsory HECS HELP repayment.

Details of the Start Up Loan will follow, with the enactment of new legislation.

Start Up Scholarship and Income Contingent Loan $$ Value in 2014:

2014 $2050
paid in two instalments of $1025ea, at the beginning of each semester

 Note:

  • Paid only to those enrolled in 18 cpt or more (unless agreed by Centrelink).
  • The Scholarship will be paid at the full value regardless of when a student is receiving a part payment or the maximum rate for YA/Austudy/Abstudy

 

The Relocation Scholarship

The Relocation Scholarship is administered and paid by Centrelink to UTS students receiving Youth Allowance or ABSTUDY and is an additional support for students who need to relocate from regional/remote areas or for eligible students from major cities.

The scholarship is for full-time students on:

  • dependent Youth Allowance and Abstudy
  • independent students who are disadvantaged by personal circumstances

 Click here for details on the Relocation Scholarship.

Relocation $$ Values in 2013 for Regional and Remote students:

(CPI indexation from 2013)

First year of study and living away from home

$4,048 per year
paid in two instalments of $2,024 ea, at the beginning of each semester
Years 2 and 3 of study and living away from home  $2,024 per year
paid in two instalments of $1,012 ea, at the beginning of each semester

Subsequent years of study living away

from home (introduced from 2012)

$1,012 per year

 

 

Relocation $$ Values in 2013 for students from major cities:

 (relocating to study at UTS)

First year of study and living away from home $4,048 per year
paid in two instalments of $2,024 ea, at the beginning of each semester
Subsequent years of study and living away from home  $1,012 per year

Note:

  • not paid to students already on a Commonwealth Accomodation Scholarship
  • the Relocation Scholarship is payable in addition to the Start-Up Scholarship
  • continuing students who are still eligible for the Relocation Scholarship should receive payment in the two-week period after 24 February

Other equity and merit based scholarships

Tax exempt equity and merit based scholarships

  • Commencing 1 April 2010, equity and merit-based scholarships will be exempted from being treated as assessable income for means testing, when the payments do not exceed $7,223 in 2012-2013.
  • Scholarship amounts in excess of this value would continue to be subject to means testing
  • Applies to eligible students receiving YA; Austudy; Abstudy; as well as Parenting Payments and the Disability Support Pension.

UTS Equity Scholarships/Diversity Access Scholarships

UTS is aware of the financial challenges that many students face. Students who can demonstrate financial hardship and who are not in receipt of the Commonwealth or Start-up Scholarships, may consider applying for the UTS Diversity Access Scholarship (DAS).

Please note: The DAS is a one-off award to eligble students. It is not an on-going award. You need to re-apply each semester, unless otherwise instructed by the UTS Scholarships Office