Moving overseas or returning to New Zealand

Student loans Dates

JAN 15

Interim student loan repayments are due. They count towards your end-of-year repayment obligation.
FEB 7

End-of-year student loan repayments are due. If you have an amount to pay, you'll have received a letter or text message from us.
APR 1

Overseas-based student loan repayment due if you do not have a temporary repayment suspension.

Moving overseas

If you're outside of New Zealand for around 5 out of 6 months, you might become overseas-based. If you're overseas-based:

interest will be applied to your student loan from the day after you left New Zealand
your loan repayments will be based on the size of your loan balance at the end of the New Zealand tax year (31 March). If your loan balance goes up, your repayments may go up. However, if your balance goes down, your repayments will not.

Returning to New Zealand

If you return to New Zealand and stay for around 5 out of 6 months, you might become New Zealand-based. If you're New Zealand-based, your student loan:

is interest-free from the date you returned to New Zealand
repayments are based on how much you earn.