Median forecast repayment times for New Zealand Student Loan Scheme borrowers
By ethnic group, for borrowers who left study in 2018
Source: Statistics New Zealand IDI and Ministry of Education Student
Loans Integrated Model
25th percentile: time it will take for one-quarter of them to have fully repaid their loans
Median: time it will take for half of them to have fully repaid their loans
75th percentile: time it will take for three-quarters of them to have fully repaid their loans.
Equivalent full-time student (EFTS): A measure used to count tertiary student numbers. A student taking a normal year’s full-time study generates one ‘equivalent full-time student’ unit. Part-time or part-year students are fractions of a unit.
Borrower: Any person who has drawn from the Student Loan Scheme and not yet repaid in full.
Active borrower: Someone who is currently borrowing from the scheme. Active borrowers will be either studying for the first time or continuing with their study.
Borrowing data is until December 2019. The impact of COVID-19 on borrowing will likely be seen in future reports.
Repayment data is until June 2020. The impact of COVID-19 on repayments will likely be seen in future reports.
Data provided by
Student Loan Scheme Annual Report (corrected) 2020
How to find the data
At URL provided, select 'SLS 19/20 All Data Tables (XLS, 277.1 KB)' from the right-hand section.
Import & extraction details
File as imported: Student Loan Scheme Annual Report (corrected) 2020
From the dataset Student Loan Scheme Annual Report (corrected) 2020, this data was extracted:
- Sheet: C2_T6
- Provided: 104 data points
This data forms the table Tertiary Education - Forecast repayment times for borrowers who left study in 2018.
Dataset originally released on:
April 23, 2021
About this dataset
This dataset relates to the Student Loan Scheme, including loan uptake, amount borrowed, loan balance, and repayment.
Purpose of collection
This is the supporting data for the Student Loan Scheme Annual Report 2019/20. The purpose of this annual report is to inform Parliament and the New Zealand public about the performance of the Student Loan Scheme in 2019/20. It also includes the audited financial
schedules of the scheme for the year ending 30 June 2020.
The report describes how the loan scheme operates in the context of the New Zealand tertiary education system and the goals of the Tertiary Education Strategy; the contribution it makes in enabling greater access to, and participation in, tertiary education; and developments to the loan scheme and student support policy over time.
It also looks at the outcomes of the scheme and provides detailed information about borrowers and their lending and repayment patterns. Finally, the report gives a detailed financial analysis of costs and the valuation of the loan scheme.
Method of collection/Data provider
The information on active borrowers and borrowers in study is largely drawn from the Ministry of Social Development (MSD). Inland Revenue has supplied data on the repayments, loan balances and borrower segments. Tertiary education data and information on borrowing in the years before 2000 were supplied by the Ministry of Education.
Other data has come from Stats NZ’s Integrated Data Infrastructure. Data from these sources is complemented by information drawn from the Census, the Household Labour Force Survey and other published data sources.