It’s no myth that apprentices work hard  and start at the bottom.  But it’s all a part of the journey to reach the rewards that come with being trade qualified.

The government have recognised that it can be hard yakka as an apprentice and have put their money where their mouth is by offering Apprenticeship Trade Support Loans to directly assist Australian Apprentices whilst they “earn and learn”.

How it works & what can I spend the money on?

As an apprentice or trainee you may be eligible for an interest free loan of up to $20k to help you out with anything you may need along the way!  You could buy tools, use it to save up for your first ute. Depending on your situation you might even consider putting it towards your living expenses like ice coffees, phone bills, car rego, insurance or car maintenance.

The payments hit your bank account monthly and you will only start repaying your loan through your tax return only when you’re earning a sustainable income of more than $54, 126. (2015-2016)

The best part of the deal is when you complete your qualification you receive a discount of 20% off the amount you need to pay back!


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Unexpected things can happen.  

How much can you borrow?

You have the choice of how much you borrow and what you spend your money on.  You can borrow a small amount or take the full $20k over four years.

The loan amounts are highest in the early years and as you start earning more towards the end of your apprenticeship the limits decrease. Below shows what amounts you can borrow each year, you can borrow more when you are more likely to need extra support when you are earning less.

Year 1 – $8K
Year 2 – $6k
Year 3 -$4k
Year 4 -$2k

How do I get a Trade Support Loan?

If you are undertaking a qualification that is on the National Skills Needs List, the Australian Apprenticeship Support Network (AASN) that signed you into your apprenticeship will contact you with all of the information. For more info visit