Paytective
2026/27 repayment threshold

When will you pay off your student loan?

How much comes out of your pay each year, and how long the loan takes to clear.

Common questions

Is my NZ student loan interest-free?

Yes, while you live in New Zealand. If you go overseas for more than six months, interest is charged and you make fixed repayments instead.

How much do I repay?

12% of everything you earn over $24,128 a year, taken from each pay.