Income from a trust

Generally, a payment that a student derives from a trust will be personal income for Student Allowance purposes.

Example a student who is the beneficiary of a family trust, receives a payment of $2,600 for a certain period from the trust for study, training or any other general purpose. This income should be charged against the student's Student Allowance over the period to which it relates.

Note payments received from a trust that are intended as payment of tuition fees for a Student Allowance approved course are not personal income for Student Allowance purposes.