Independent Higher Education Australia (IHEA) notes yesterday the Education Legislation Amendment (Startup Year and Other Measures) Bill 2023 passed both Houses of Parliament of Australia. The Bill:
- 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.
- Lists Avondale University as a Table B provider.
- Amends the 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.
- Amends the Australian Research Council Act 2001 to apply indexation to existing appropriation amounts for the 2022-23, 2023-24 and 2024-25 financial years; and
- Inserts a new funding cap for the 2025-26 financial year.
Media Contact: Matthew Coote, IHEA Communications Manager (matthew.coote@ihea.edu.au)
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