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Budget 2025 | The Government has introduced changes to Working for Families and KiwiSaver as well as introducing Investment Boost: an immediate tax deduction when acquiring new business assets. Find out more: www.budget.govt.nz

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

Number of student loan borrowers

This graph shows the number of student loan borrowers by New Zealand-based, and overseas-based, as at the end of each quarter from March 2014 to March 2025.

Stacked bar chart showing number of student loan borrowers by quarter, 3rd quarter 2025

As at 31 March 2025 the:

  • Total number of New Zealand-based student loan borrowers decreased by 0.4% from 514,619 in March 2024 to 512,381 in March 2025.
  • Total number of overseas-based student loan borrowers increased by 2.7% from 111,302 in March 2024 to 114,347 in March 2025.
  • Total number of all student loan borrowers increased by 0.1% from 625,921 in March 2024 to 626,728 in March 2025.

Notes:

  • A borrower is any person who has drawn from the Student Loan Scheme and not yet repaid in full.
Last updated: 11 Jun 2025
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