Loans & Allowances
Studylink is responsible for administering Student Loans and Student Allowances.
Who is Eligible for a Student Loan?
If you're enrolled on one of our fee paying courses you might be eligible for a Student Loan. Student Loans aren't available if you're enrolled on our free Youth Courses and Job Connection Courses. Talk to your Recruitment & Student Support Advisor to see if you're eligible for a Student Allowance. You can also contact Studylink directly to discuss your situation on 0800 88 99 00.
Talk to your Recruitment & Student Support Advisor about other allowances you might be eligible for. Students on some non fee-paying courses may receive a travel allowance. There may be additional assistance if you're registered with Work and Income.
When Do I Apply?
We encourage you to apply to StudyLink at least two weeks before your course starts. If you're paying your fees via StudyLink, we will receive updates about your application status. Please ensure that you sign your contracts and required documents and return them to StudyLink as soon as possible.
What is a Student Loan?
Student Loans can be used to help finance your studies and must be paid back. They are made up of four separate parts including compulsory fees; course-related costs; living costs and administration fee. To get a Student Loan you have to be an NZ citizen or have been granted permanent resident status. Student loans for borrowers living in New Zealand for 183 or more consecutive days are interest free.
What is a Student Allowance?
The purpose of a Student Allowance is to help you with your living expenses while you study full time. They are for full-time students who are on an approved course at a recognised institution and who are an NZ citizen or permanent resident. The amount you receive depends on your age, previous usage of Student Allowances, your living arrangements and possibly the income of your parents or partner. You can get a Student Allowance if you're 18 years old and over (although some 16 & 17 year olds may be eligible).