Student Finance in New Zealand
Getting access to quality education is great, but not everyone can afford it. Fortunately, the availability of school finance in New Zealand allows everyone to access it.
Student finance is a type of loan given to students in universities or tertiary colleges; to enable them to pay for tuition, book supplies, and cover the costs of living. After completing the study and securing a job earning a certain income threshold, they repay the money. Student loans are long-term and attract low-interest rates or, sometimes, for students based in New Zealand, zero interest.