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Student allowance rates and thresholds : Contents

Parental income limits (current)

Below is the Student Allowance annual parental income threshold, and the cut-out points, for the relevant tax year from 1 April 2026.

Threshold

Living at home cut-out point

Living away from home cut-out point

$72,108.92

$131,670.35

$141,451.55

To calculate the rate of Student Allowance payable when a parental income test applies, see:

Previous limits

For previous limits see:

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The relevant tax year is the tax year that is most current to when the student:

whichever is the later.

Example 1

If a student starts study in and is approved Student Allowance for February 2018, the parental income that would need to be assessed should be for the tax year 1 April 2017 to 31 March 2018, as this is the "relevant ...