Student Assistance Act 1973

Part 2 - ABSTUDY student start-up loans  

Division 2 - 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.