Tertiary Education - Median student loan balances 2005–2015

Ministry of Education

Notes

The data for 2012 to 2015 includes loan information transferred on a daily basis from the Ministry of Social Development to Inland Revenue. In previous years there was a time lag of one year before loan data for an academic year was transferred.
Data for 2011 and earlier excludes data held by the Ministry of Social Development.

Definitions

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.

For more information

http://www.educationcounts.govt.nz/__data/assets/pdf_file/0003/170229/Student-Loan-Scheme-Annual-Report-2015.pdf

Data provided by

Ministry of Education

Dataset name

Student Loan Scheme Annual Report 2015

Webpage:

http://www.educationcounts.govt.nz/statistics/tertiary-education/financial_support_for_students

How to find the data

At URL provided, select 'Student Loan Scheme Annual Report 2015'

Import & extraction details

File as imported: Student Loan Scheme Annual Report 2015

From the dataset Student Loan Scheme Annual Report 2015, this data was extracted:

  • Sheet: SLS 37
  • Range: D5:F16
  • Provided: 12 data points

Dataset originally released on:

December 2015

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 2015. Thepurpose of this annual report is to inform Parliament and the New Zealand public about the performance of the Student Loan Scheme in 2014/15. It also includes the audited financial
schedules of the scheme for the year ending 30 June 2015.
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 Statistics New Zealand’s Integrated Data Infrastructure (see below). Data from these sources is complemented by information drawn from the Census, the Household Labour Force Survey and other published data sources.