All data can be found in an Excel download located on the student loan dataset page. Data is updated two months post the end of each quarter.
Datasets for student loan statistics
Overdue repayments
If a borrower does not meet some or all of their repayment obligations by the due date, the amount due but not paid becomes an overdue repayment. Late payment interest is charged on the overdue amount.
For information on current and historical rates of interest, see our page on student loan interest and fees.
Student loan interest and fees
Number of student loan borrowers with overdue repayments
This graph shows the number of New Zealand-based and overseas-based student loan borrowers with overdue repayments as at the end of each quarter from September 2014 to September 2025.
As at 30 September 2025 the:
- Total number of New Zealand-based borrowers with overdue repayments decreased by 6.1% from 24,793 in September 2024 to 23,283 in September 2025.
- Total number of overseas-based student loan borrowers with overdue repayments decreased by 1.3% from 88,261 in September 2024 to 87,086 in September 2025.
- Total number of all student loan borrowers with overdue repayments decreased by 2.4% from 113,054 in September 2024 to 110,369 in September 2025.
Note:
- A borrower is any person who has drawn from the Student Loan Scheme and not yet repaid in full.
Amount of overdue student loan repayments
This graph shows the amount of overdue student loan repayments for New Zealand-based and overseas-based borrowers as at the end of each quarter from September 2014 to September 2025.
As at 30 September 2025 the:
- Overdue repayments for New Zealand-based borrowers increased by 3.6% from $175 million in September 2024 to $181 million in September 2025.
- Overdue repayments for overseas-based borrowers increased by 4.9% from $2,279 million in September 2024 to $2,391 million in September 2025.
- Overdue repayments for all borrowers increased by 4.8% from $2,454 million in September 2024 to $2,572 million in September 2025.
Notes:
- If payments are not made on time, late payment interest may be charged. This is only charged on the overdue amount, and only if the overdue amount is $334 or more. It will keep being charged until borrowers have caught up with payments.
- For overseas-based borrowers, interest is calculated daily and added to the loan balance at the end of the year.
- A borrower is any person who has drawn from the Student Loan Scheme and not yet repaid in full.