Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search


Maharey cuts loans waiting time

Students will be able to access their loans funds faster from next week because the Government has decided to relax a seven-day 'cooling off' period, the Minister of Social Services and Employment, Steve Maharey, announced today.

Mr Maharey signed an order yesterday authorising WINZ to release the living costs and course-related costs components of loans to students immediately upon the approval of their application. The change comes into effect from next Thursday (March 8). Mr Maharey said he had decided to relax the cooling off period so that students facing delays in getting their loans approved got access to funds as soon as possible.

"I have been concerned about reports of students facing financial hardship because of delays by WINZ in processing their loans. Relaxing the 'cooling off' period is a simple and practical way of getting money to students facing hardship.

"The order I signed yesterday will mean that thousands of students will now get their living expenses and course-related funds a week earlier than was previously possible.

"Students will still have the right to cancel their loans and return the advanced funds during what was the seven-day cooling off period. WINZ will cover the administrative costs of any such decision.

"I also considered advancing the tuition fee component of loans to tertiary institutions immediately a loan was approved. However because of the administrative complexities involved in retrieving loan money which has already been paid to institutions I decided against this.

"I inherited this loans processing mess from the previous National Government. Since I have been the Minister I have taken every opportunity available to give students practical help over this difficult enrolment period. I will also be conducting an evaluation of how well WINZ handled loans processing once students are all back on campus so that we don't face this problem again", Steve Maharey said.

Contact: Michael Gibbs, Press Secretary, (04) 471 9154 or (025) 270 9115.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

KiwiBailed: KiwiBuild Head Officially Resigns

The head of Kiwibuild, Stephen Barclay has officially resigned from the role. In a statement issued on his behalf, it was announced that he would step down from today [Friday].

Housing Minister Phil Twyford's office said he would not be commenting on Mr Barclay's resignation as it was an employment matter. Last month, Mr Twyford confirmed that Mr Barclay had not been at work for a number of weeks. More>>


Welfare Stats: Rise In Hardship Numbers Shows Income Inadequacy

The latest Ministry of Social Development quarterly report show that a record number of people have received hardship assistance from work and income, with an additional 40,000 hardship payments made between September and December 2018, compared to the previous quarter of the same year... More>>


DHBs "Prepared": Junior Doctors Strike Again

The needs of acute patients will be met during tomorrow's junior doctor strike, a DHB spokesperson says... Almost 3000 junior doctors are expected to walk off the job, which will affect all DHBs apart from West Coast District Health Board. More>>


Gordon Campbell: On MBIE’s Social Media Scam

Given the ambit of MBIE’s work, almost any form of social activity could qualify as being part of MBIE’s brief, so the privacy threats posed by this training programme are extensive. The current oversight safeguards seem threadbare to non-existent. More>>


JusTrade: New Campaign For A 21th Century Trade Agenda

‘Critique is no longer enough. If anything is to really change, we need to step away from the existing framework and take a first-principles approach to rethinking what will work for the 21st century.’ More>>


Gordon Campbell: Thompson + Clark Are The Tip Of The Iceberg

How can we tell where and how any lines are being drawn? Oversight is not exactly robust. If it were, Thompson + Clark would have been out of contention for state security work ten years ago. More>>

Trainers: Taratahi Institute of Agriculture In Interim Liquidation

Taratahi employ 250 staff and this year has provided education to over 2500 students. Taratahi owns and manages 8 farms throughout the country. More>>


IPCA Report: Complaints About Deputy Commissioner Wallace Haumaha

The Authority has found that DC Haumaha acted improperly by approaching staff and others to provide information to support him to refute the allegations about his 2016 conduct, or solicited other staff to do so on his behalf... More>>





InfoPages News Channels