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
Nominal student loan balances
This graph shows the nominal loan balance of New Zealand-based and overseas-based borrowers as at the end of each quarter from June 2015 to June 2026.
As at 30 June 2026 the:
- Nominal balance for New Zealand-based student loan borrowers increased by 3.6% from $12.0 billion in June 2025 to $12.4 billion in June 2026.
- Nominal balance for overseas-based student loan borrowers increased by 5.1% from $4.3 billion in June 2025 to $4.5 billion in June 2026.
- Nominal balance for all student loan borrowers increased by 4.0% from $16.2 billion in June 2025 to $16.9 billion in June 2026.
Notes:
Nominal balance is the loan balance held by Inland Revenue as at the end of the quarter. The balance includes:
- all loan principle not repaid (both not yet due and overdue)
- any penalties, interest, or fees.
A borrower is any person who has drawn from the Student Loan Scheme and not yet repaid in full.
Median student loan balance
This graph shows the median student loan balance for all borrowers as at the end of each quarter from June 2015 to June 2026.
As at 30 June 2026 the:
- Median student loan balance increased by 4.5% from $17,516 in June 2025 to $18,301 in June 2026.
Notes:
- Median loan balance is the loan balance held by Inland Revenue as at the end of the quarter. The balance includes:
- all loan principle not repaid (both not yet due and overdue)
- any penalties, interest, or fees.
- A borrower is any person who has drawn from the Student Loan Scheme and not yet repaid in full.
For information on median loan balance on leaving study see the Education Counts page.
Financial support for tertiary students | Education Counts (educationcounts.govt.nz)