You can repay the Trade Support Loan through the tax system once you’re earning above the minimum repayment threshold.
You can use this money to help with any ordinary living expenses while completing your apprenticeship.
If you qualify for the Trade Support Loan, payments are made at intervals throughout your apprenticeship.
Trade Support Loans
You may be eligible for a Trade Support Loan if you're doing:
- a Certificate III or IV leading to certain trade occupations specified on the National Skills Needs List; or
- certain agriculture and horticulture qualifications at the certificate levels II, III and IV.
Check the National Skills Needs List before you apply, as it is subject to change.