If you're living in New Zealand, there hasn’t been much of a reason to pay off more than the minimum repayment amount on your student loan - until recently.
If you leave New Zealand for 6 months or more, you will generally have to pay interest on your student loan (currently 6.6%).
As the secondary school year draws to a close, many senior students around the country (and their parents!) will be preparing for the big move to tertiary study in 2010.