Student Finance

Student Finance

A ton of info about student finance, continuing higher education and postgraduate study in New Zealand.

Frequently Asked Questions

What is the income threshold for student allowance?
If your parents joint earnings are more than $55,027.96 a year before tax, the rate you get for Student Allowance goes down. You can’t get a Student Allowance if their joint earnings while you study are more than: $95,428.40 if you live with them.

How much can I earn on student allowance in NZ?
Your income can be up to $217.22 a week (before tax), before it affects your Student Allowance. After this, your Student Allowance reduces cent for cent. Your Student Allowance weekly payment is $266.02 (after tax) or $299.60 (before tax). You worked last week and earned $350 (before tax).

How long can you get student allowance for?
Tertiary study. If you’re under 40, you can get a Student Allowance for 200 weeks of tertiary study (around 5 years). If you’re over 40, you can get a Student Allowance for 120 weeks of tertiary study (around 3 years). This includes any weeks of Student Allowance you’ve had before.

Do student loans pay for accommodation?
A repayable maintenance loan is available to full-time students to cover accommodation and living costs, and is paid directly into your bank account. The maintenance grant and Special Support Grant are means tested and help you pay for additional course-related costs such as books, travel, equipment, and childcare.

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