4.2.8 YA Means Tests & Limits

Introduction

This section covers a description of the income and assets tests applying to YA recipients (1.1.D.100).

Tests & exemptions for dependent YA recipients

Dependent YA recipients are subject to the following tests:

• parental income test (1.1.P.40),
• family assets test,
• FAMT (1.1.F.10), and
• personal income test.

While all 4 tests are applied, the test that produces the lowest rate out of the parental income test, FAMT and personal income test is used.

Tests & exemptions for independent YA recipients

Independent YA recipients are subject to the following tests:

• personal assets test,
• partner income test, and
• personal income test.

In this section

This section contains the following topics:

4.2.8.10 Dependent YA - Parental Income Test & Limits

4.2.8.20 Dependent YA - Family Assets Test & Limits

4.2.8.30 Independent YA - Personal Assets Test & Limits

4.2.8.40 Independent YA - Partner Income Test & Limits

4.2.8.50 Full-time Students - Personal Income Test, Limits & Student Income Bank

4.2.8.55 Full-time Australian Apprentices Personal Income Test, Limits & Australian Apprentices Income Bank

4.2.8.60 Other YA Recipients - Personal Income Test & Limits

_______________________________________________________

Last reviewed: 1 July 2010