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Full-time Students - Personal Income Test,  

Saturday, June 27, 2009


Summary

This topic covers the following matters:

  • personal income test and limits for full-time students,
  • access to the student income bank (1.1.S.370) and higher income free area,
  • rules of the student income bank,
  • carryover of student income bank to working credits,
  • carryover of working credits to student income bank, and
  • operation of the student income bank.

Act reference: SSAct section 1067L-D1 Effect of ordinary income on maximum payment rate, section 1067L-E1 Student income bank

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