Topics

Student Loans

Summary

Research and statistical information derived from the Student Loan Scheme. Information about the scheme, its history, key statistics and publications.

Introduction

The Student Loan Scheme was introduced in 1992. It provides access to funding for course fees, course-related costs and living costs – so that students can defer paying for their share of the costs until the benefits of their study are realised in the income they earn. It is an income-contingent scheme, whereby repayments depend on the earnings of borrowers.

Since its establishment in 1992, more than a million people have used the Student Loan Scheme.

Three government agencies are involved in managing the scheme. These are Ministry of Education (responsible for strategic policy), the Ministry of Social Development (responsible for administration and delivery of student loans) and Inland Revenue (responsible for maintaining loan accounts).

Key Statistics

The annual report webpage includes a spreadsheet that contains key statistics on student loan borrowing, repayments and balances.

Publications

The Education Counts website contains a number of analytical reports on student loans and borrowers. Many of these studies have used the Integrated Dataset on the Student Loan Scheme, maintained by Statistics New Zealand that links data from the three agencies involved in the scheme. More information about the integrated dataset on student loan borrowers is available on the Statistics New Zealand website.

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The Student Loan Scheme Annual Report
Indicator Icon  The Student Loan Scheme Annual Report

The home page for the annual report on the Student Loan Scheme. An annual report is tabled each year in Parliament containing the annual financial statements of the scheme, data on the level of people's loans, repayment information and information on the costs of the loan scheme.

Author: Ministry of Education, Inland Revenue, and Ministry of Social Development
Date Published: Annually


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Does the Student Loan Scheme Discourage Students from Returning to Study?
Indicator Icon  Does the student loan scheme discourage students from returning to study?

This report has been initiated by the Ministry of Education in order to gain an insight into educational pathways and the aspirations of former tertiary students who return to study. By establishing a demographic, educational and borrowing profile of returning students, this reports aims to identify the factors affecting student return to study. In particular, the study focuses on the impact of an individual’s student loan borrowed for previous studies on their return.

Author: Sarah Tumen & Boaz Shulruf
Date Published: September 2007


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Do Student Loans Drive People Overseas - What is the Evidence?
Indicator Icon  Do Student Loans Drive People Overseas - What is the Evidence?

This report applies statistical modelling to the integrated dataset on the Student Loan Scheme . It provides interesting new information on the likelihood of a borrower being declared overseas five years post study across a variety of characteristics such as size of student loan leaving balance and level of study.

Author: Warren Smart
Date Published: May 2006



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Who Doesn't Pay Back?
Indicator Icon  Who doesn't pay back?

This paper explores the characteristics of borrowers who have not made any progress in reducing their student loan balances. The paper complements a related paper, Paying off a student loan, which explores the progress to full repayment for Student Loan Scheme borrowers.

Author: Roger Smyth and Jamie Hyatt
Date Published: August 2005



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Living with a Student Loan
Indicator Icon  Living with a student loan

This report profiles student loan debt and repayment, post-study income and going overseas. One of two analytical reports using previously unavailable information from Statistics New Zealand's integrated dataset on Student Loan Scheme Borrowers.

Author: Fiona Griffin, David Scott and Roger Smyth
Date Published: March 2005



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Income of Student Loan Scheme Borrowers
Indicator Icon  Income of Student Loan Scheme Borrowers

This report provides new information on the impacts of the Student Loan Scheme by looking at the income of those who used the scheme between 1997 and 2000. One of two analytical reports published using previously unavailable information from Statistics New Zealand's Integrated Dataset on Student Loan Scheme Borrowers.

Author: Jamie Hyatt, Paul Gini and Roger Smyth
Date Published: March 2005



paying-student-loan-pub

Paying off a Student Loan - An Analysis of Progress to Full Repayment from the Integrated Dataset
Indicator Icon  Paying off a student loan - an analysis of progress to full repayment from the integrated dataset

This report analyses the experience of Student Loan Scheme borrowers in repaying their student loans. This report complements a related paper, Who doesn’t pay back, that examines the characteristics of those who make no progress to repayment of their student loans.

Author: Jamie Hyatt
Date Published: August 2005


New Zealand Government Sites of Interest


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Ministry of Education
The Ministry of Education is the government department responsible for the education of the nation. It is also responsible for strategic policies in relation to the Student Loan Scheme.


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StudyLink
StudyLink is a service of the Ministry of Social Development. It is responsible for the administration and delivery of student loans to students during the year of study. After the end of each academic year the Ministry of Social Development transfers those loans to Inland Revenue for collection. Studylink has current borrowing information.

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Inland Revenue
Inland Revenue is responsible for maintaining the loan accounts after the end of each study year, including the assessment and collection of loan repayments. Information on repayments, debt levels and overdue debt levels are on the Inland Revenue student loans website.


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Statistics New Zealand
Statistics New Zealand is a government department and New Zealand's national statistics office It is the country's major source of official statistics. Statistics New Zealand maintains the integrated dataset on Student Loan Scheme borrowers. More information about the integrated dataset is available on the Statistics New Zealand website.

Downloads/Links

Indicator Icon  Student Loan Scheme Reports

Indicator Icon  Student Loan Scheme Statistics

Where to Find Out More

website.gif  Ministry of Education website

website.gif  StudyLink website

website.gif  Inland Revenue website

website.gif  Statistics NZ website

Contact Us

For further information about student loans please email:
information.officer@minedu.govt.nz

 Copyright © Education Counts 2014   |   Contact information.officer@minedu.govt.nz for enquiries.