Budget 2013 Changes to Student Allowances and Loans
16 May 2013.
Find out about the changes to Student Allowances and Student Loans that the Government announced in May.
For study starting on or after 1 January 2014
- Students who are not New Zealand citizens, refugees, or protected persons will need to have lived, and been entitled to reside indefinitely, in New Zealand for three years before they will qualify for the Student Allowance or Loan.
- The Student Allowance 200-week limit will reduce to 120 weeks for students aged 40 years or over.
- The Student Allowance will not be available to students aged 65 and over.
- Students aged under 18 who are studying fees-free level 1 or 2 programmes will not be able to access any component of the Student Loan scheme.