$987.70 Allowance Australia August 2024 – Check Payout Dates & Eligibility

Through various Centrelink programs, such as the Youth Allowance Program and Apprenticeship Programmes, the Australian government provides financial support to students and apprenticeships. These allowances help students manage their educational and living costs. This post will cover the Australian Youth Allowance Program. What are the rates of payment for students and apprentices? These allowances will be paid to students when and how. We will verify who will receive $987.70 Allowance Australia, in August 2024. Does this rate only apply to allowances?

Allowance of $987.70 for Australia August 2024

Students or apprentices younger than 24 will receive the $987.70 allowance Australia in August 2024. This financial aid will cover the cost of education and living expenses for students. This Youth Allowance is available to eligible students, based on residency, age, and assets. The Allowance is transferred every other week. This $987.70 allowance is paid to the primary caregiver for a child who is dependent. The caregiver is exempt from mutual obligation requirements. Check out the Youth Allowance 2020 eligibility, rates, and payment dates.

Australia 987.70 Allowance in 2024- Overview

TitleOfficial Web portal
Year2024
MonthAugust
CountryAustralia
Name of the PaymentYouth Allowance
987.70 Dollars Allowance Australia Eligibility for 2024Students or Australian Apprentice
нормулированиеFinancial Support
Australia Allowance Amount for 2024$987.70
Australia $987.70 Allowance Payment Date 2024Check Post
CategoriesFinance
Official Webportalservicesaustralia.gov.au

How to Get It

The Allowance of $987.70 in Australia is given to the caregiver who takes care of a child under their responsibility and has been exempted by mutual obligations due to foster care, relative childcare, homeschooling, or family size.

The $987.70 Allowance is available to those who meet the eligibility criteria. These include age, occupation, status as a student, dependents, and rent.

Check your eligibility for Centrelink, and gather all the necessary documents, such as proof of ID, income, assets, and residency status.

You can apply for a $987.70 allowance in Australia by contacting Centrelink, either on the phone or in person. Centrelink will evaluate your eligibility after you submit an application and let you know if it is approved. You will start receiving regular payments after approval.

Allowance of $987.70 for Australia 2024

  • To receive Youth Allowance, you must meet one of the following conditions:
16-17 years of age, self-sufficient, or needing housing away from home to pursue academic goals. 16-17 years old and full-time student.
  • You must also meet all the conditions given:
Meet the Australian residency requirements. If the claimant has a dependent, then parents’ Income and Assets tests will be met. Enrol in an accredited program or complete a full-time Australian apprenticeship.
  • Requirements to Australian Residency:
Live in AustraliaPhysically present in Australia at the time of claim. Australian Residency Non-Protected Special Category Visa HolderYou have been a resident in Australia for at least 10 years without leaving.
  • The following courses are approved for youth allowance:
Small Business Training Activity as a part of Self-Employment SupportCourse in English as a second languageA Startup Year Course with a loan provided by STARTUP-HELP.
  • Approved education providers for youth allowance are:
Secondary school, registered training organization (RTO), special school or TAFE. Higher learning institution such as a University.

Application Process

There are several steps to applying for the $987.70 Allowance:

  1. Check Your Eligibility: Find out if you are eligible for any Centrelink programs.
  2. Gather Documents Gather required documents, such as proofs of identity, income and assets, residency status, and details about dependents.
  3. How to Apply: You can submit your application online, over the phone or in person using your Centrelink account.
  4. Application check: Centrelink will evaluate your application.
  5. Get Payments: You will receive regular payments depending on your circumstances and eligibility.

Australia Allowance 2024

The Youth Allowance is paid every two weeks to eligible beneficiaries. The youth allowance amount 2024 depends on your age, the number of children you have, and both of your partners’ income. Service Australia changes the payment rate every year on the 1st of January. This payment is made twice a week. Below is a table that shows the

Payment Australia Allowance Amount 2024.

Status as a CitizenAgeNumber Of ChildrenHousing StatusAllowance Australia Payment 2024
Singles18 Years or Less0Living with parents$395.30
Singles18 Years or Less0Parents can live away from their children$639.00
SinglesAge 18 or older0Living with parents$455.20
SinglesAge 18 or older0Parents can live away from their children$639.00
SinglesChildren are a great source of inspiration$806.00
Primary Carer exempt from Mutual Obligation RequirementsDependent Children$987.70
Married0$639.00
MarriedChildren are a great source of inspiration$691.80

Australia 987.70 Allowance Payment Date 2024

The schedule for the Youth Allowance is not available yet. Logging into their Mygov accounts, recipients can see the payment schedules for 2024. Beneficiaries receive their money every two weeks. Check Mygov for $987.70 Allowance Australia Payment Dates August 2024. This is how to claim the Youth Allowance for 2024.

  • Link your Centrelink account to mygov.
  • Documents supporting your identity are required to prove your identity.
  • Documents that will help you claim this allowance should be provided. Documents include financial records, living arrangements, and certificates.
  • You can claim the Youth Allowance.

Fact Check: $987.70 Allowance Australia, August 2024

The $987.70 payment will be given to those recipients who are the primary caregivers of dependent children, and who are not subject to the criteria for mutual obligation. 

This $987.70 Youth allowance for August 2024 has been approved. For additional information and updates, visit servicesaustralia.gov.au, the official website.

FAQs related to $987.70 Allowance Australia August 2024

How long can beneficiaries claim Youth Allowance?

You can apply for the Youth Allowance or Australian Apprenticeship up to 13 weeks before you start your course.

When can youth allowance beneficiaries claim their first payment?

Beneficiaries will receive an estimated date when they submit their online claims. Two weeks after your payment is approved, you’ll receive your first Youth Allowance.

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