Parliament

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

 

Investment in students strengthened

Joint Statement
Tertiary Education and Revenue

Investment in students strengthened

Today’s budget further strengthens the government’s investment in tertiary students with a student support package valued at $130.8 million in operating funding and $24.4 million in capital funding over four years.

“With this Budget, the lot of the individual student continues to improve, and that is good news for the whole society’s competitiveness over time,” Tertiary Education Minister Pete Hodgson said.

Today’s initiatives include:
• a 10 percent increase in the parental income threshold for a full student allowance from 1 January 2009 (benefiting 12,000 students a year)
• lowering the age limit for student allowances parental income testing to age 24, and lifting the maximum rate of student allowances for those aged 24 to the level for students aged 25 years and above (benefiting more than 5,000 students a year)
• indexing the student loan living cost component to inflation from 1 April 2009, following a one-off increase from $150 per week to $155 per week on 1 January 2009
• a 50 per cent expansion of the Bonded Merit Scholarship Scheme to 1500 scholarships per year (benefiting 500 high-achieving undergraduate students each year)

“These changes give effect to the provisions of the United Future’s confidence and supply agreement with this government to improve access to student allowances, including a reduction in the age at which the parental income test applies,” Peter Dunne said.

Pete Hodgson also acknowledged the Green Party’s work with this government on the moves to strengthen the parental income threshold changes.

Pete Hodgson said measures announced today build on previous announcements including:

• abolishing interest on all student loans to stop debts escalating
• controlling tuition fees
• earlier increases in the parental income threshold for allowances so that over half of eligible students now receive a non-repayable allowance.


ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Another Leader Exiting: Statement From Peter Dunne

I have concluded, based on recent polling, and other soundings I have been taking over the last few weeks, that, the volatility and uncertainty notwithstanding, there is now a mood amongst Ōhāriu voters for a change of MP, which is unlikely to alter...

“I have therefore decided that it is time for me to stand aside, so the people of Ōhāriu can elect a new electorate MP. More>>

 
 

Gordon Campbell: On Labour’s Campaign Launch

One of the key motifs of Ardern’s speech was her repeated use of the phrase – “Now, what?” Cleverly, that looks like being Labour’s response to National’s ‘steady as it goes’ warning against not putting the economic ‘gains’ at risk. More>>

ALSO:

Shiny And Chrome: Nats' New $10.5bn Roads Of National Significance

National is committing to the next generation of Roads of National Significance, National Party Transport Spokesperson Simon Bridges says. More>>

ALSO:

Gordon Campbell: On Why Labour Isn’t Responsible For Barnaby Joyce

As a desperate Turnbull government tries to treat the Barnaby Joyce affair as a Pauline Hanson fever dream – blame it on the foreigners! We’re the victims of the dastardly New Zealand Labour Party! – our own government has chosen to further that narrative, and make itself an accomplice. More>>

ALSO:

Rail: Greens Back Tauranga – Hamilton – Auckland Service

The Green Party today announced that it will trial a passenger rail service between Auckland, Hamilton and Tauranga starting in 2019, when it is in government. More>>

ALSO:

Housing: Voluntary Rental Warrant Of Fitness For Wellington

Wellington City Council is partnering with the University of Otago, Wellington, to launch a voluntary Rental Warrant of Fitness for minimum housing standards in Wellington, Mayor Justin Lester has announced. More>>

ALSO:

Treaty: Agreement In Principle Signed With Moriori

“The Crown acknowledges Moriori was left virtually landless from 1870, hindering its cultural, social and economic development. The Crown also acknowledges its contribution to the myths that the people of Moriori were racially inferior and became extinct." More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election