Student Loan
Interest-free loan for NZ-based borrowers, repaid via PAYE at 12% above threshold.
New Zealand student loans are provided by StudyLink to fund tertiary education. For NZ-based borrowers, loans are interest-free. Repayments are automatically deducted via PAYE at 12% of income above the annual repayment threshold ($22,828 for 2025-26). Borrowers living overseas pay interest and must make direct repayments to IRD.