Parliament

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

 

Budget 2007: Supporting tertiary students

Hon Dr Michael Cullen
Minister for Tertiary Education

Supporting students vital for tertiary education

Budget 2007 strengthens the Labour-led government's investment in student support by expanding allowances and scholarships for an extra 12,000 students, Tertiary Education Minister Michael Cullen announced today.

"The government’s considerable investment in student support increases by $28.9 million of operating funding over four years primarily directed towards students from low-income backgrounds.

"This government has made improved access to tertiary education a priority. We have stabilised fees, introduced interest free student loans, and consistently raised living allowances and eligibility.

"Our policies have greatly improved the affordability of tertiary education. This is vital if we are to encourage more students to undertake the kinds of training needed to drive economic transformation."

In the measures announced today:

- The parental income threshold for entitlement to a full student allowance will increase by 10 per cent, to around $44,330 per annum, from 1 January 2008. The budget will provide $16.2 million in operating funding over four years for this initiative.

- The student allowance personal income abatement threshold will be adjusted for inflation each year. This initiative will be introduced from 1 April 2008, and will maintain the real value of personal and couple income thresholds.

This will cost $706,000 over four years.

- The Step Up Scholarship pilot will be expanded and redesigned to increase access and equity opportunities for students from low-income backgrounds, costing $11.4 million over four years. This will provide another 180 scholarships, an increase of 50 per cent.

- The Ngārimu Scholarship fund will be strengthened in order to assist Māori leadership at a cost of $595,000 over four years.

"These initiatives further underline the Labour-led government's commitment to support students so more of them can contribute their skills to creating a dynamic and innovative economy and to our social and cultural well being."

ENDS


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Supreme Court: Worksafe Decision On Whittall Pike River Prosecution Unlawful

The question in issue on the appeal was whether WorkSafe New Zealand acted to give effect to an unlawful agreement of this nature when it offered no evidence on charges against Peter William Whittall for breaches of the Health and Safety in Employment Act 1992...

The Supreme Court... has found that the decision to offer no evidence was made under an unlawful agreement to stifle prosecution. It has granted a declaration to that effect. More>>

 

Cullen To Chair: Tax Working Group Terms Of Reference Announced

Finance Minister Grant Robertson and Revenue Minister Stuart Nash today announced the Terms of Reference for the Tax Working Group and that the Group will be chaired by Sir Michael Cullen. More>>

ALSO:

Gordon Campbell: On The New Pike River Agency (And The Air Strike Wing)

Much of the sympathy the public still feels for the families of the Pike River miners has been sustained by the sense that the previous government – let alone the mining company and the processes of receivership and litigation – has never dealt honestly, or fairly, with them. More>>

ALSO:

Not Going Swimmingly: Contractor Cut, New Dates For Christchurch Sports Centre

“As an incoming Minister, I have been conducting a thorough review of progress on the Anchor projects and to learn of a $75 million budget blowout on this project was very disappointing..." More>>

ALSO:

Tertiary: Allowances, Loan Living Costs To Get Boost

“From 1 January, student allowance base rates and the maximum amount students can borrow for living costs will rise by a net $50 a week,” says Education Minister Chris Hipkins... further adjusted from 1 April 2018 in line with any increase in the CPI. More>>

ALSO:

Foreign Affairs: Patrick Gower Interviews Jacinda Ardern

Prime Minister Jacinda Ardern says discussions have already begun on how to bring climate change refugees into New Zealand under a Pacific seasonal employment plan... More>>

ALSO:

Gordon Campbell: On The Centre Right’s Love Of ‘Nanny State’

You’d almost think it was 2005 again. That was a time when the rugged individualists of the centre-right were being beset by government regulations on the nature of light-bulbs, the size of shower heads, the junk food available at school tuck shops and other such essentials... More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election