Repaying a New Zealand student loan

Leaving New Zealand may affect your student loan, whether you’re taking a short trip, doing your OE, studying abroad, or moving overseas permanently.

It depends how long you're away for

Up to 6 months

People away from New Zealand for up to 6 months are usually considered to be New Zealand-based borrowers, and are still entitled to an interest-free student loan.

More than 6 months

People away from New Zealand for more than 6 months are charged interest on their student loan. They may be allowed a repayment holiday of up to 3 years. But interest will continue to be charged on their loan, so it’s a good idea to make voluntary repayments.

More information

Visit the Inland Revenue website(external link) to find out:

  • what you need to do before leaving
  • what your repayment obligations are
  • interest charges
  • how to make repayments.

Or if you're already based overseas, find out what to do if you plan to return to New Zealand.  



We use cookies and other tracking technologies to improve your browsing experience on our website, to analyze our website traffic, and to understand where our visitors are coming from. You can find out more information on our Privacy Page.