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Student loans
Nga putea taurewa akonga

Previous interest rates

Find out here the interest rates for previous years.

Interest rates

The interest rates are reviewed each year. If a new interest rate applies, it is effective from 1 April.

The following table shows interest rates before 1 April 2010.

Tax year Total interest rate Base interest rate Interest adjustment rate

1 April 2009 to 31 March 2010

6.80%

 

 

1 April 2008 to 31 March 2009

6.70%

 

 

1 April 2007 to 31 March 2008

6.80%

4.10%

2.70%

1 April 2006 to 31 March 2007

6.90%

3.80%

3.10%

1 April 2005 to 31 March 2006

7.00%

4.20%

2.80%

1 April 2004 to 31 March 2005

7.00%

5.50%

1.50%

1 April 2003 to 31 March 2004

7.00%

4.20%

2.80%

1 April 2002 to 31 March 2003

7.00%

5.10%

1.90%

1 April 2001 to 31 March 2002

7.00%

3.10%

3.90%

1 April 2000 to 31 March 2001

7.00%

6.10%

0.90%

1 April 1999 to 31 March 2000

7.00%

5.30%

1.70%

1 April 1998 to 31 March 1999

8.00%

6.20%

1.80%

1 April 1997 to 31 March 1998

8.20%

5.90%

2.30%

1 April 1996 to 31 March 1997

8.40%

6.20%

2.20%

1 April 1995 to 31 March 1996

9.00%

7.60%

1.40%

1 April 1994 to 31 March 1995

7.00%

5.70%

1.30%

1 April 1993 to 31 March 1994

7.20%

6.20%

1.00%

1 April 1992 to 31 March 1993

8.20%

6.00%

2.20%


 

Note

Up until 1 April 2008, the interest rates were made up of:

  • a base interest rate - the total interest rate less the interest adjustment rate.
  • an interest adjustment rate based on the movement of the consumer price index.

From 1 April 2008 there is only one interest rate component.


Date published: 31 Mar 2014

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