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.
This graph has multiple vertical bars tracking the nominal balance of New Zealand-based and overseas-based student loan borrowers. The vertical axis shows the nominal balance (billions). The horizontal axis shows quarterly data from December 2012 to 31 December 2023.
As at 31 December 2023 the:
- Nominal balance for New Zealand-based student loan borrowers decreased by 3.7% from $12.1 billion in December 2022 to $11.7 billion in December 2023.
- Nominal balance for overseas-based student loan borrowers increased by 8.1% from $3.6 billion in December 2022 to $3.9 billion in December 2023.
- Nominal balance for all student loan borrowers decreased by 1.0% from $15.8 billion in December 2022 to $15.6 billion in December 2023.
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.
This graph has multiple vertical bars tracking the median balance for all student loan borrowers. The vertical axis shows the median balance (thousands). The horizontal axis shows quarterly data from December 2012 to 31 December 2023.
As at 31 December 2023 the:
- Median student loan balance increased by 2.0% from $17,269 in December 2022 to $17,621 in December 2023.
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.