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Sources of Income: Tertiary student income SELECTED CHARACTERISTICS OF TERTIARY STUDENTS AGED 15-24 YEARS, 1992
(a) Over $30 a week. Source: Survey of Families in Australia
Principal source of income Part-time tertiary students' incomes came predominantly from wages or salary in 1992, particularly among those studying at TAFE colleges. Full-time students had a more diverse distribution of income sources, although overall, 35% stated wage or salary earnings as their principal source of income. 23% of full-time students and 4% of part-time students had no income themselves or relied on their partner's income. The majority (72%) of full-time students who stated nil or partner's income were dependent children living with their parent(s). Only a very small proportion of students who stated nil or partner's income were married or in a de facto partnership. This is due to the small proportion of full-time and part-time students (3% and 13% respectively) who were married or in de facto partnerships. Another indicator of the level of parental support given to students (not necessarily only to those with no income) is that 59% of full-time students and 32% of part-time tertiary students lived rent or board free, usually with their parent(s). In addition, 31% and 11% of full-time and part-time students respectively, received regular financial assistance (over $30 a week) from family members not living with them. Government pensions or benefits were the principal source of income for 24% of full-time higher education students and 39% of full-time TAFE students. Most of these students received AUSTUDY only from government sources but their incomes may have been supplemented by other sources such as parents or part-time work. However, for 68% of students who received AUSTUDY only from government sources, the AUSTUDY allowance represented over 91% of their total income. PRINCIPAL SOURCE OF INCOME OF FULL-TIME STUDENTS AGED 15-24 YEARS BY TYPE OF TERTIARY INSTITUTION, 1992
(a) Includes own business or share in partnership, investments and other sources. Source: Survey of Families in Australia INCOME DISTRIBUTION OF STUDENTS AGED 15-24 YEARS WHO RECEIVED INCOME, 1992
Source: Survey of Families in Australia Gross weekly income In 1992, almost a quarter (23%) of full-time tertiary students usually received no weekly income. Of those who did receive income, 46% received under $100 a week and 14% received over $200 a week. The income distribution pattern for part-time students, who were mainly wage and salary earners, was the opposite to that of full-time students. Only 4% had no income and 71% of those who received income received over $200 a week. In general, the patterns of income distribution for students were similar for men and women. However, among part-time students a larger proportion of women than men were represented in the lower income ranges. Male part-time higher education students whose principal source of income was wages or salary had the highest median income ($413). The lowest median income ($78) occurred among full-time male TAFE students whose principal source of income was government pensions or benefits. When examined by age, the median income of students whose principal source of income was government pensions or benefits was predictably aligned to the age-specific AUSTUDY allowances. For students whose principal source of income was wages or salary, median incomes generally increased with age, a pattern related to age-specific rates of pay and labour force experience. MEDIAN GROSS WEEKLY INCOME OF STUDENTS AGED 15-24 YEARS BY PRINCIPAL SOURCE AND SELECTED CHARACTERISTICS, 1992
Source: Survey of Families in Australia Paid employment 83% of part-time students worked in paid employment, and most of these worked full-time (over 35 hours a week). 42% of full-time students worked in paid employment and nearly all of them worked less than 20 hours a week. Students looking for part-time work have benefited from the structural changes that have taken place in the labour market. The growth of service industries, which favour part-time workers, have made more part-time jobs available (see Trends in part-time work). DISTRIBUTION OF WEEKLY PAID HOURS WORKED BY STUDENTS AGED 15-24 YEARS, 1992
Source: Survey of Families in Australia Endnotes 1 Department of Employment, Education and Training (1993) Report on the Operation of the Student Assistance Act 1992. 2 House of Representatives Standing Committee on Employment, Education and Training (1991) Student Financial Assistance. 3 Australian Taxation Office and Department of Employment, Education and Training (1994) HECS: Your Questions Answered.
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