A collapsible telescopic steering apparatus includes a steering column having an outer tube and an inner tube. The tubes can be switched between a press-fit state and a loose-fit state. The position of a steering wheel is adjusted by way of relative sliding movement of the loose-fitted tubes along an axial direction thereof. A shock absorbing projection is provided on at least one of an inner periphery of the outer tube and an outer periphery of the inner tube, as confronting to the counterpart tube. The shock absorbing projection is normally spaced away from the counterpart tube but is deformed as pressed against the counterpart tube in association with relative sliding movement of the press-fitted tubes upon collision, thereby absorbing the shock of the collision.