Median forecast repayment times for New Zealand Student Loan Scheme borrowers

Median forecast compensation occasions for New Zealand Student Loan Scheme debtors


Source: Statistics New Zealand IDI and Ministry of Education Student
Loans Integrated Model

twenty fifth percentile: time it can take for one-quarter of them to have totally repaid their loans
Median: time it can take for half of them to have totally repaid their loans
seventy fifth percentile: time it can take for three-quarters of them to have totally repaid their loans.


Equivalent full-time student (EFTS): A measure used to depend tertiary student numbers. A student taking a standard yr’s full-time research generates one ‘equivalent full-time student’ unit. Part-time or part-year students are fractions of a unit.
Borrower: Any one that has drawn from the Student Loan Scheme and never but repaid in full.
Active borrower: Someone who’s at present borrowing from the scheme. Active debtors will probably be both finding out for the primary time or persevering with with their research.

Data calculation/remedy

Borrowing information is till December 2019. The affect of COVID-19 on borrowing will probably be seen in future studies.
Repayment information is till June 2020. The affect of COVID-19 on repayments will probably be seen in future studies.

Data supplied by

Ministry of Education

Dataset title

Student Loan Scheme Annual Report (corrected) 2020


How to seek out the info

At URL supplied, choose ‘SLS 19/20 All Data Tables (XLS, 277.1 KB)’ from the right-hand part.

Import & extraction particulars

File as imported: Student Loan Scheme Annual Report (corrected) 2020

From the dataset Student Loan Scheme Annual Report (corrected) 2020, this information was extracted:

  • Sheet: C2_T6
  • Range: C6:F43
  • Provided: 104 information factors
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This information varieties the desk Tertiary Education – Forecast compensation occasions for debtors who left research in 2018.

Dataset initially launched on:

April 23, 2021

About this dataset

This dataset pertains to the Student Loan Scheme, together with loan uptake, quantity borrowed, loan steadiness, and compensation.

Purpose of assortment

This is the supporting information for the Student Loan Scheme Annual Report 2019/20. The function of this annual report is to tell Parliament and the New Zealand public in regards to the efficiency of the Student Loan Scheme in 2019/20. It additionally contains the audited monetary
schedules of the scheme for the yr ending 30 June 2020.
The report describes how the loan scheme operates within the context of the New Zealand tertiary schooling system and the objectives of the Tertiary Education Strategy; the contribution it makes in enabling better entry to, and participation in, tertiary schooling; and developments to the loan scheme and student assist coverage over time.
It additionally appears to be like on the outcomes of the scheme and offers detailed details about debtors and their lending and compensation patterns. Finally, the report offers an in depth monetary evaluation of prices and the valuation of the loan scheme.

Method of assortment/Data supplier

The info on energetic debtors and debtors in research is essentially drawn from the Ministry of Social Development (MSD). Inland Revenue has equipped information on the repayments, loan balances and borrower segments. Tertiary schooling information and data on borrowing within the years earlier than 2000 have been equipped by the Ministry of Education.
Other information has come from Stats NZ’s Integrated Data Infrastructure. Data from these sources is complemented by info drawn from the Census, the Household Labour Force Survey and different printed information sources.

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