For those receiving an income support payment and wishing to study, the Pensioner Education Supplement (PES) is a valuable source of additional income.
When unable to work for whatever reason, study is one avenue which can keep you mentally active and give a sense of purpose. Recipients of the following Centrelink income support payments, and who are studying an approved course at an approved institution, may be entitled to the PES:
· Disability Support Pension
· Single Parent Payment
· Carer Payment
· Widow Allowance
· Widow B Pension
· Wife Pension (if partner to a disability support pensioner)
Recipients of the following Department of Veteran’s Affairs income support payments who are studying an approved course at an approved institution may also be entitled to the PES:
· Invalidity Service Pension
· Partner Service Pension (if your partner is receiving an Invalidity Service Pension)
· Partner Service Pension in combination with Carer Allowance (from Centrelink)
You may also qualify if you have a dependent child and you receive:
· Defence Widow (or Widower) Pension
· Special Rate Disability Pension
· War Widow (or Widower) Pension
· weekly compensation under the Military Rehabilitation and Compensation Act.
If you meet the above eligibility requirements, you will receive $62.40 per fortnight if you are:
· studying full time
· studying 25% of the time and receive a Disability Support Pension, Invalidity Service Pension, or War Widow/er Pension and Invalidity Income Support Supplement (and has a dependent child under 16)
· studying 50% of the time and is a single parent, carer or a person with a substantial disability (not receiving an allowance listed above) or an eligible student receiving Newstart Allowance
You may be entitled to a reduced rate of PES equal to $31.20 if you meet the above eligibility requirements and have a study load of less than 50% but more than 25% if you are a single parent, carer or a person with a substantial disability (not receiving an allowance listed above) or an eligible student receiving Newstart Allowance.
For more information on the PES and how to claim, visit Centrelink.gov.au.