Austudy Payment (annual per student)
Education0Instead of $96.5M on BOM.gov.au, you could buy 5,649 × Austudy Payment (annual per student)
📋 Description
Maximum annual Austudy payment for full-time tertiary students aged 25 and over — the mature-student and postgraduate income-support payment paid fortnightly by Services Australia
💰 Cost Breakdown
- Unit Cost: $17,080 AUD
- BOM Website Cost: $96,500,000 AUD
- Quantity Available: 5,649 units
- Total Alternative Value: $96,484,920 AUD
🎯 Procurement Context
Could support 5,649 university students aged 25 and over with a full year of Austudy payments.
✅ Source Verification
- Primary Source: https://www.servicesaustralia.gov.au/austudy
- Senate Reference: Department of Social Services Annual Report 2023-24
- Calculation Notes: Maximum single rate $658.20 per fortnight × 26 fortnights
- Last Verified: 27 November 2024