Education Policy | Post Primary | Preschool | Primary | Tertiary | Search

 


Greater proportion of students use Student Loan Scheme

Greater proportion of students use Student Loan Scheme – Media release

While fewer students were enrolled in tertiary education in 2011, a greater proportion took out a student loan, Statistics New Zealand said today. The total number of tertiary students enrolled decreased 7.4 percent in 2011, but the total number of student loan borrowers decreased only 2.4 percent. This led to the proportion of tertiary students using the Student Loan Scheme increasing to 48.1 percent in 2011, up from 45.6 percent in 2010.

The average amount borrowed in a year continued to increase in 2011. Just over 207,000 students borrowed an average of $7,630 in 2011, which included a 7.1 percent increase in the average amount borrowed for course fees.

Borrowers who left study in 2010 (the latest year data is available for) had an average student loan leaving debt of $16,050, up 4.8 percent from those who left study in 2009. Bachelor-level students who left study in 2010 had an average student loan leaving debt of $22,060.

In 2011, the number of students receiving a student allowance during the year increased to just over 97,000, up 3.6 percent from 2010. This was 22.6 percent of all tertiary students, up from 20.2 percent in 2010. The average student allowance received in a year increased 1.8 percent, to $6,770 in 2011.

The Student Loans and Allowances: 2011 information release contains information from the Ministry of Education, the Ministry of Social Development, and Inland Revenue. This information is linked by Statistics NZ. Linking allows us to report on the educational characteristics of student loan borrowers and student allowance recipients, as well as their loans, allowances, income, and repayment information.

ENDS

StudentLoansandAllowances11.pdf
SLA_2011tables.xls

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

Anniversaries: Vivid Memories Four Years After Christchurch Quake

Four years ago, an earthquake that would change the lives of thousands shook Christchurch at 12.51 p.m. More>>

ALSO:

Environment 'n' Conservation: Slash Meets Tāne The Tuatara

Rock and Roll superstar and former Guns 'n' Roses guitarist Slash visited Zealandia Ecosanctuary along with collaborating band Myles Kennedy and the Conspirators. More>>

Foo Fighters: Exclusive Show In Support Of Music Foundation

Frontier Touring has today announced that the Foo Fighters will play a last minute intimate and exclusive benefit show at the Auckland Town Hall this Friday February 20 with all profits going to The New Zealand Music Foundation. More>>

ALSO:

Canterbury Quakes: Feedback Sought On Short-Listed Memorial Designs

Six short-listed designs for the Canterbury Earthquake Memorial have been released for public input... The Memorial will honour the victims of Canterbury’s earthquakes and acknowledge the suffering of all those who lived through them as well as the heroism of those who participated in the rescue and recovery operations. More>>

ALSO:

Celia Lashlie: Legacy Will Live On

Social justice advocate Celia Lashlie leaves a legacy that will continue to have a positive impact on the lives of New Zealanders for years to come, Labour Leader Andrew Little says. “Celia was a powerful voice for reason, sense and compassion. Her work, particularly with teenage boys, was ground-breaking." More>>

ALSO:

Obituary: Sad Farewell To PPTA Activist Robin Duff

Duff has been a long-time fixture of the association... Most recently Duff has been working hard to support Canterbury teachers through the quakes that devastated the region. More>>

ALSO:

Poroporoaki: Dr Apirana Tuahae Kaukapakapa Mahuika

Papa Api was a man of many great gifts and occupied a long list of roles including priest, teacher, scholar, politician, and leader. Chair of Te Runanganui o Ngati Porou, and a rangatira of his iwi... More>>

ALSO:

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Education
Search Scoop  
 
 
Powered by Vodafone
NZ independent news