January Student Loan statements
21 December 2010
StudyLink sends out Student Loan statements to borrowers three times a year. The January statements will be sent out from 5 January 2011. If you receive your mail online, these will be available from 5 January.
StudyLink loan statements
You won't be able to request statements through MyStudyLink from Friday 24 December 2010 to Wednesday 12 January 2011 while we are getting the statements ready. You can however make sure we have your correct address by checking your details on MyStudyLink.
When you get your statement you'll see that interest still shows on your Student Loan statement from StudyLink. Don't worry.
If you're eligible for an interest free Student Loan you don't need to do anything. You are eligible for an interest free Student Loan unless you go overseas for more than 6 months.
Inland Revenue is the only organisation that can write off interest from Student Loans. The interest will be written-off automatically after 31 March. This will show on statements Inland Revenue send you in May.
For more information about interest free Student Loans check out Inland Revenue's website via the link below.
Loan repayments made through wages don't show on StudyLink statements because they are made directly to Inland Revenue. Any repayments you have made to Inland Revenue won't show on your StudyLink loan statement.
Once your loan account has been transferred from StudyLink to Inland Revenue, repayments and interest write-offs will show on your Inland Revenue loan statements.