What are Trade Support Loans? (Updated June 2017)
- Published on Friday 26 September, 2014
- 2 min. to read
Trade Support Loans provide up to $20,420 over the life of an apprenticeship to apprentices in priority areas to assist them with the costs of living and learning while undertaking an apprenticeship.
To be eligible for Trade Support Loan payments, you must:
– reside in Australia and be an Australian citizen, or the holder of a permanent visa;
-be undertaking a:
Certificate III or IV level qualification that leads to an occupation on the National Skills Needs List; or
Certificate II, III or IV agricultural qualification or
Certificate II, III or IV horticulture qualification while working in rural or regional Australia and
– meet the eligibility criteria which is assessed by your Apprenticeship Network Provider on receipt of a Trade Support Loans Application Form.
How to apply for a Trade Support Loan?
Your MEGT Consultant will provide you with a Trade Support Loan application form if you are potentially eligible.
For more information, contact MEGT on 13 6348, or find your nearest MEGT office here.