Student Loan Scheme Annual Report 2023 Publications
Publication Details
The Student Loan Scheme Annual Report 2022/23 provides key information about the Scheme for students, tertiary providers and the general public.
The report includes detailed audited financial schedules, an analysis of costs and the valuation of the Scheme as at 30 June 2023.
Author(s): Ministry of Education.
Date Published: December 2023
Summary
At a glance
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Since 1992:
1.47m
people have taken out a student loan
PAGE 17
students have borrowed a total of
$32.9b
PAGE 17
borrowers have repaid a total of
$21.7b
PAGE 23
882,000
people have fully repaid their student loan
PAGE 26
the number of loan borrowers has increased from 44,202 to
635,235
PAGE 22
average amounts borrowed, per year, have increased from $282 to
$10,689
PAGE 14
In 2022/23:
129,711
students borrowed from the loan scheme
PAGE 14
635,235
people had a student loan
PAGE 22
$1.63b
was collected in loan repayments
PAGE 23
107,085 borrowers had overdue repayments
72%
were overseas-based
PAGE 24
the average student loan balance was
$25,078
PAGE 21
the median student loan balance was
$17,490
PAGE 21
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