Media statement For immediate release Tuesday, 11
December 2007
Student loan repayment threshold to
rise
The income threshold at which New Zealand-based
borrowers must begin to repay their student loans will rise
from $17,784 to $18,148 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 1.79 percent.
The change was approved by Order in
Council
yesterday.
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