Summary
Amends the:
Higher Education Support Act 2003
to create a new form of Higher Education Loan Program assistance, SY-HELP, which will be available to final year undergraduate students, current post-graduate students and recent graduates in accelerator program courses at Australian universities and university colleges; list Avondale University as a Table B provider;
Social Security Act 1991
,
Social Security (Administration) Act 1999
and
Student Assistance Act 1973
to provide that students entitled to SY-HELP assistance may qualify for certain social security payments, including youth allowance and austudy payment, while undertaking an accelerator program course; and
Australian Research Council Act 2001
to: apply indexation to existing appropriation amounts for the 2022-23, 2023-24 and 2024-25 financial years; and insert a new funding cap for the 2025-26 financial year.