Services Australia provides benefits to younger students and seniors. One such payment is the Austudy benefit which is given to those who are 25 years or more and are studying in Australia or are the Apprentices.
The $699.50 Fortnightly Support Payment Schedule 2024 is for students who have no children. This payment is given on the fortnight basis and the individuals are to check the $699.50 Austudy Payment Eligibility 2024 to know if they could qualify for this payment.
Now, the ones who are confused about whether this payment is to be given or not shall have a look at the article below.
Fortnightly Support Payment Schedule 2024
Services Australia is the Federal Agency for the residents in Australia, which gives every financial claim to those who are dealing with a lack of income support.
Payment is provided to citizens, including seniors, students, retirees, and other adults. Some may be given the Centrelink payment, while some may be given the Age Pension. These payments are for the seniors or the retirees.
But there is one payment for the students, which is the Austudy benefit and is given as financial help in case you are older than 24 years and have been studying or are an apprentice.
The full-time students shall be given this payment, and to get the benefit, one has to meet the income test limits. The $699.50 Austudy Payment Eligibility 2024 will be the basis to decide if this payment is to be given or not. The individuals shall know that the payment of $699.50 is for the students who are studying in Australia and don’t have any children.
The residency rules are also to be met in order to get the payment, and the exact amounts to be paid have been given in this post. The amount of $699.50 is the typical rate, and this is the amount that most people are given automatically in their accounts.