Student Loans

General information on the loan scheme with links to similar sites at StudyLink and Inland Revenue.

Analyses of Student Loans

The Education Counts website contains a number of analyses of student loans. Many of these are drawn from the integrated dataset on Student Loan Scheme borrowers who link data from the three agencies that manage the scheme. More information about the integrated dataset is available on the Statistics New Zealand website.

The Student Loan Scheme Annual Report

The agencies produce an annual report on the Student Loan Scheme. That report is tabled each year in Parliament. These annual reports contain borrowing statistics, data on the level of people's loans, repayment information, information on the costs of the loan scheme and the financial statements. The most recent annual reports may be downloaded from the Education Counts website. 

Eligibility for student loans

For information on eligibility, or to apply for a student loan, go to the StudyLink website.

Student loans are interest-free while borrowers are New Zealand-based (including those borrowers treated as being New Zealand-based). Interest amounts charged are written off.
In most cases, borrowers who are living overseas won’t qualify for an interest-free student loan if they are overseas for 184 days (about 6 months) or more. However, they may still qualify for their existing loan to remain interest-free if they meet the conditions for specific situations. Borrowers must provide proof to support an exemption application.
Find out more about interest-free student loans while overseas on the Inland Revenue website.

Content last updated: 21 May 2015