Trade Support Loans are structured to provide you with access to the greatest financial support in the early years of your apprenticeship when you need it the most.
Eligible apprentices can apply for loans totalling up to $20,000 over the life of the apprenticeship. Payments are made monthly in arrears with annual limits of $8,000 in year one, $6,000 in year two, $4,000 in year three and $2,000 in the fourth year.
Additionally, you may attract up to $2,000 a year for any additional years of your apprenticeship past the fourth year, until you either complete your apprenticeship or reach the lifetime limit of $20,000.
For further information please read the Trade Support Loans page or contact you Australian Apprenticeship Network Support provider.