Once you earn over a certain amount a year (the 'repayment threshold' currently set at $17,160 before tax), you must start making repayments, even if you're still studying.
If you live in New Zealand, student loans are interest free from 1 April 2006. Interest charges will still appear on your statement, but will be written off at the end of each year.
StudyLink is a service of the Ministry of Social Development responsible for Student allowances, Student loans and Unemployment Benefit Student Hardship. They were previously known as Student Services, Work and Income.
Find out the reasons Student Loans are different from other types of loans here...
Once you earn over a certain amount a year (the 'repayment threshold' currently set at $17,160 before tax), you must start making repayments, even if you're still studying.
If you live in New Zealand, student loans are interest free from 1 April 2006. Interest charges will still appear on your statement, but will be written off at the end of each year.
StudyLink is a service of the Ministry of Social Development responsible for Student allowances, Student loans and Unemployment Benefit Student Hardship. They were previously known as Student Services, Work and Income.
Regardless of what you or your parents earn, you qualify if you are:
