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Budget 2024 | The Government has announced proposed changes to personal income tax, the independent earner tax credit, in-work tax credit, the minimum family tax credit and the interest rate charged for overseas based student loans. They have also provided more information on FamilyBoost. Find out more: www.budget.govt.nz

Student loans help New Zealanders pay for their studies and living costs while they are studying. You can apply for a student loan through StudyLink. 

If you have a loan, you have to start repaying what you've borrowed if you live overseas or earn over $24,128.

You will also need to pay an annual administration fee of $40 as well as any interest and penalties that are added to your loan.

Last updated: 03 May 2024
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