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 December 2014 to December 2025.
As at 31 December 2025 the:
- Total number of New Zealand-based borrowers with overdue repayments decreased by 4.9% from 23,769 in December 2024 to 22,599 in December 2025.
- Total number of overseas-based student loan borrowers with overdue repayments decreased by 0.7% from 79,832 in December 2024 to 79,287 in December 2025.
- Total number of all student loan borrowers with overdue repayments decreased by 1.7% from 103,601 in December 2024 to 101,886 in December 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 December 2014 to December 2025.
As at 31 December 2025 the:
- Overdue repayments for New Zealand-based borrowers increased by 2.6% from $176 million in December 2024 to $181 million in December 2025.
- Overdue repayments for overseas-based borrowers increased by 5.7% from $2,267 million in December 2024 to $2,397 million in December 2025.
- Overdue repayments for all borrowers increased by 5.5% from $2,443 million in December 2024 to $2,577 million in December 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.