Student loans are a government loan for New Zealand students that you repay through the Department of Inland Revenue when you start working.
The amount you can borrow includes:
- Course fees
- Course related costs
- Living costs and
- Loan administration fee
You can apply for a loan when you apply for a programme and you should most certainly apply once you have been accepted on to a programme to ensure there is enough time to process your application before you start your studies.
You will know that your loan is approved when you get a letter of approval from StudyLink.
You will need your IRD number for your loan application and for your NMIT application/enrolment.