Student Income Bank Calculator
See how work income may build or use your Student Income Bank over the next 1–26 fortnights.
Gross employment income before tax.
Student Income Bank is capped at $13,500.
Up to 26 fortnights.
Projected closing balance$0
Starting balance$1,000
Starting balance is limited to the $13,500 Income Bank cap.
Fortnights modelled12
Income below the personal income free area builds the bank; income above it uses the bank first. Services Australia applies the official balance to reported income.
What this estimate includes
- Models one constant employment-income amount across the selected period.
- Never projects above the official cap or below zero.
- Services Australia remains the source of the recorded balance.
Frequently asked questions
What is Student Income Bank?
It lets eligible student-payment recipients build credits when employment income is below the fortnightly free area, then use those credits when income is higher.
What is the maximum balance?
The current Student Income Bank maximum is $13,500.
Does this replace income reporting?
No. Continue reporting income to Services Australia; this tool only models the published mechanics.
Tax Accuracy & Sources
Tax year: Rates from 1 January 2026
Projection only. It does not reproduce reporting adjustments, back-pay treatment or every payment-specific income rule.
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