Financial Assistance for Apprentices and Trainees


Apprenticeships and traineeships are a great way to earn while you learn, but on top of that there are ways you can get a bit of additional support.

Here's a look at of some of the assistance available to apprentices and trainees.

Trade support loans

Trade support loans are loans of up to $20,000 that can be paid to you while you complete your apprenticeship.

With a trade support loan you can borrow a certain amount of money for a four-year period, starting with a maximum of $8000 in your first year, reducing gradually down to a maximum of $2000 in your fourth year, and totalling $20,000 over the four years.

The money that you borrow is automatically paid back as part of your tax assessment once you start earning what’s called "the minimum income threshold". Basically it means you don't have to pay back the loan until you're financially able to do so.

It’s also worth noting that, if you complete your apprenticeship successfully, the amount that you have to repay will be reduced by 20% from what you actually borrowed.

For more information on Trade Support Loans, check out the Australian Apprenticeships Trade Support Loans page (new window)

Living Away from Home Allowance

The Living Away from Home Allowance is an allowance for eligible Australian Apprentices of any age. It's designed to help out during your first three years of training if you have to move away from your parents’ or guardians’ home in order to do your apprenticeship.

It’s available to eligible full and part-time Australian Apprentices and Australian School-based Apprentices during the first three years of your training.

To find out more check out the Australian Apprenticeships Living Away from Home Allowance page (new window).

Adult apprentices and apprentices with disability

Financial support is also available for some apprentices with specific needs:

Apprentice Trade Bonus

If you started your apprenticeship between 1 January 2006 and 1 July 2013, you may be eligible for the Apprentice Trade Bonus, a Victorian Government initiative that pays for you to complete your studies.

Basically, it's two payments of $250:

  • You get the first payment after you've completed six months of your training
  • You get the second payment when you've completed twelve months of training

For more information about eligibility for the Apprentice Trade Bonus, check out the Apprentice Trade Bonus page (new window) on the Department of Education and Early Childhood Development's website.

Leadership Programs

Group Training Australia runs a leadership program for selected apprentices and trainees called Today’s Skills: Tomorrow’s Leaders. In previous years, apprentices and trainees have met with federal government representatives to discuss training and work opportunities.

Find out more on the Group Training Australia website (new window).


Australian Apprenticeships - My Gain
Watch video interviews with apprentices, trainees and employers to find out about the range of options out there for apprentices and trainees.

Australian Apprenticeships Pathways
Comprehensive resource for apprentices and trainees that lets you search for jobs and training and get advice on apprentice and trainee rights. 

Apprenticeships and Traineeships
The Victorian Government has a range of guides and resources about apprenticeships and traineeships in Victoria.

Australian Apprenticeships
The Federal Government's apprenticeships and traineeships scheme.