Cartoon of three hands contributing money to stack of textbooks and graduation cap

Did you know ... Inland Revenue add a $40 administration fee each year to your student loan balance?

The fee is charged on the 1st of April if the outstanding balance is $20 or more on that date.

With 1 April 2018 not too far away, if you are close to paying off your student loan it may be beneficial to make a voluntary payment now to clear the balance, before the administration fee is due to be charged.

Have any questions regarding your student loan? Feel free to contact us - we will be happy to assist.