Trade Support Loans for Horticulture

INCENTIVE OVERVIEW

A Trade Support Loan is an interest free loan to help you purchase trade tools and supplies while being an apprentice.

EFFECTIVE Date

01.11.2023

ADMINISTERED BY

Australian Government

A Trade Support Loan is an interest free loan to help you purchase trade tools and supplies while being an apprentice. You can borrow up to $24,492 (2023-2024), which is paid in monthly instalments. You can apply for a TSL if you are completing an Australian Apprenticeship in a qualification listed on the Trade Support Loans Qualifications list.

You will not have to repay your loan until you are earning an income above the minimum repayment threshold ($51,550 for 2023-24). In order to maintain the real value of the loan, the loan amount will be indexed according to the Consumer Price Index annually.

Once you complete your apprenticeship, you will receive a 20% discount on your loan amount.

Disclaimer: Whilst we try to get everything right, the information provided here is general in nature and can change without us being informed.  You should always make your own enquiries to ensure you have the most up-to-date information.  If something has changed, and we haven’t updated it here, please do let us know using our contact us page so we can update our website as well.