Digital Government Case Studies: Student Loans
An income contingent universal student loans scheme was introduced in 1992 as part of comprehensive policy changes in tertiary education. Three government agencies were involved in this policy.
The Ministry of Education (MoE) was responsible for policy design and monitoring of the policy with the costs of the Loan Scheme coming from Vote Education. A student allies for a loan during study and this is repaid after study ceases at an income related minimum rate of payments.