An educatonal loan really helps to buy your program costs

(the compulsory fees charged by the training provider), research materials (eg, publications, computer, travel) and costs that are living however you will need to pay it right straight right back.


You may not need a Student Loan for course fees if you can get fees-free study.

Nevertheless you’ll nevertheless need certainly to make an application for an educatonal loan if you’d like course-related expenses or residing costs.

Whom can obtain it

To have a learning student loan, you should be either:

  • A fresh Zealand resident or
  • Ordinarily resident in New Zealand and either:
    • Have now been surviving in brand brand brand New Zealand for at the least three years, and
    • Have actually held a residence course visa for 36 months, or
    • Be considered a refugee or protected person, or
    • Be sponsored into brand new Zealand by some body in your loved ones whom, during the time you had been sponsored, ended up being a refugee or safeguarded individual.

You really must be learning an authorized program run by the authorized training provider ( you could possibly be based offshore).

If you are under 18, one of the moms and dads must also provide their authorization to get that loan.

Coming back pupils

If you should be a student that is returning want to meet with the passing needs

There is a limitation to just exactly how student that is many you may get in your health.

Whom can not have it

You can’t get yourself a education loan if you’re:

  • At additional college
  • Bankrupt
  • Behind in your education loan repayments by $500 or higher and overdue on repaying some of this quantity with an or more year
  • Learning for under 32 months along with your program has not as much as 0.25 EFTS.

If you should be under 18, you cannot obtain a education loan if you should be either:

  • For a Youth Guarantee programme
  • Learning a fees-free degree 1 or 2 certification.

That which you can get

According to your position, you could get a student loan for:

You will be charged an one-off establishment cost of $60. This is put into your education loan balance when any re re payments were created.

You will get an educatonal loan for approximately 2 EFTS of research a(this is around 240 points or credits) year.

We will not pay money for:

  • Your lump sum hostel or hall of residence expenses
  • Unique costs, eg, penalty charges for late enrolment
  • Management prices for having to pay by instalments
  • Optional solution charges, eg, pupil relationship charges.

Studying full-time

If you are learning full-time, you may get a education loan for:

  • Compulsory program charges
  • Course-related expenses
  • Residing costs.

In jail or on an advantage

It is possible to just obtain a education loan for:

  • Compulsory program charges
  • Course-related expenses.

Learning part-time or 55 and over

You are able to only obtain a student loan for compulsory program charges.

Youth Guarantee programme or level that is fees-free and 2 certification

If you should be over 18 and learning a Youth Guarantee programme or fees-free Level 1 or 2 certification, it is possible to only get a student-based loan for course-related expenses and residing costs

When you should use

Important info

Apply as soon as you can easily to assist ensure you get your payments that are correct time.

You are able to use even though you have not finalised where or everything you’re learning.

In the event that you use after your program begins

You’ll apply up to the date your program finishes but we could pay just you against whenever you distribute the application.

We should get most of the papers we require before your program finishes.

How exactly to apply

You apply online. If you are learning for over 12 months, you will need to re-apply for a student-based loan every year which you learn.

Whenever you use, based on your position, you’ll make an application for:

  • Compulsory program costs
  • Course-related expenses
  • Residing costs.

To have your course-related expenses you need certainly to claim them in MyStudyLink once we’ve received your education loan agreement.

If you’re applying for the time that is first there are certain actions you need to simply just just take.

In the event that you’ve had an education loan a lot more than one year ago, you will need to have a various procedure.

In the event that you’ve had an educatonal loan within the last few one year, it is possible to apply in your MyStudyLink account.

What goes on next

You will get A pupil Loan contract that you can need certainly to come back to us with any papers we request.

As we’ve got every thing we are in need of away from you, we will confirm your enrolment details along with your training provider nearer to the start of your program. You have to be completely enrolled before we could repeat this.

Handle the job

It is possible to handle your details online, in MyStudyLink.

Re Re Payments

When you are getting your instalments hinges on:

  • Whenever you apply
  • When your program begins
  • Once you claim your course-related expenses or request your living expenses.