Questions and answers
As with any sort of borrowing, a Student Loan requires you to sign a legally binding contract. In this case it's with the Government. That contract will outline your obligations in full but we've summarised the basics of what you need to know below. You can click through to either StudyLink or Inland Revenue if you want to know more.
In this section, you can read all about:
- How a student loan works
What is a student loan? How much can you borrow? - Who qualifies
Check out if you meet the criteria - The government agencies
Find out who you will be dealing with - What it costs
Read about the situations where you may be charged interest on your loan - Paying it back
Important questions answered about paying back your student loan - Myth busters
What if...? Find out the facts on those niggling questions - How it differs from other loans
Understand all the differences - Useful links
Use these links to find our where you can get help from
Money paid in return for the use of money. If the bank is using your money (in a savings account) they pay you interest. If you are using the bank's money (via a loan), you pay the bank money.
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