Trade Support Loan Program for Apprentices


If you are an Australian apprentice, then you could be eligible for a Trade Support Loan.

Apprenticeship enrolments have slowly increased over the last decade whereas the completion rates for these apprenticeships has declined. The Government introduced the TSL program to help take the financial pressure off apprentices upon completion of their qualifications.

The TSL is set at a maximum value of $20, 000 over a four-year term. The loan assists students with everyday costs associated with carrying out an apprenticeship – specialist equipment, transport or industry insurances – items that are essential to the apprentice completing their qualification.

To be eligible for the loan, the apprentice must have started a Certificate III or IV qualification that leads to a job listed on the National Skills Needs List, or a Certificate II, III, or IV in Agriculture or Horticulture.

You can find more information, including repayment figures and how to apply for a TSL here.

Courses eligible for a Trade Support Loan

Please Note:

This information is not financial advice. Melbourne Polytechnic strongly advises that all students wishing to apply for a Trades Support Loan seek independent financial advice.

The Trades Support Loan program has strict eligibility criteria. To find out whether you are eligible for a TSL, please visit the Australian Apprenticeships website.

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Last Modified: October 20, 2016