New obligations for repaying your Trade Support Loan debt are now in place.
If you’ve taken out a Trade Support Loan (TSL) to help with training related expenses but are planning on moving overseas to work, you’ll still need to repay the money, just as you would if you were in Australia. This will help make the system fairer for everyone.
Repayments are compulsory if your annual income is above the threshold ($54,126 for the 2015–16 financial year). You have nothing to pay if your earnings are below this amount.
Please read the following fact sheet: Repaying your Trade Support Loan
For more information about TSL, visit www.australianapprenticeships.gov.au/content/trade-support-loans
or contact your local Apprenticeship Network Provider.
For more information about your repayment obligations visit ATO.