(1) The amount of an ABSTUDY student start - up loan for which a person is qualified is $1,025.
(2) The amount of an ABSTUDY student start - up loan is to be indexed under Division 2 of Part 3.16 of the Social Security Act 1991 , on each 1 January, as if it were a student start - up loan amount referred to in the table in subsection 1191(1) of that Act. The indexed amount is taken to be the amount specified in subsection (1) on and from that 1 January.