Student loan repayment threshold to rise
Monday, 11 December 2006, 3:33 pm
Press Release: United Future NZ Party
11 December 2006
Student loan repayment threshold to
rise
The income threshold at which new Zealand-based
borrowers must begin repaying their student loans will rise
from $17,160 to $17,784 on 1 April next year, Revenue
Minister Peter Dunne announced today.
The new threshold is
based on the annual movement in the September Consumer Price
Index of 3.49 percent.
The change was approved by Order in
Council
today.
ENDS
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