Student Loan Repayment Times for Borrowers with Certificates and Diplomas
The following average student loan repayment times were calculated by NZUSA using the Iversen model, matching average
annual student loan borrowing for polytechnic students broken down by gender (provided by the Ministry of Social
Development) with census data on income for advanced vocational qualification and skilled vocational qualification
broken down by age bands, ethnicity and gender (provided by Statistics New Zealand). A repayment schedule for bachelors
degrees is also included for comparison.
Repayment Time for Two-Year Diploma
Ethnicity Female Repayment Time Male Repayment Time
Maori 26 years 16 years
Pacific 28 years 20 years
Pakeha 22 years 13 years
Total 24 years 13 years
Repayment Time for One-Year Certificate
Ethnicity Female Repayment Time Male Repayment Time
Maori 28 years 9 years
Pacific 25 years 12 years
Pakeha 22 years 6 years
Total 23 years 7 years
Repayment for Three-Year Bachelors Degree
Ethnicity Female Repayment Time Male Repayment Time
Maori 24 years 16 years
Pacific 33 years 21 years
Pakeha 22 years 13 years
Total 28 years 15 years