Can you get course related costs twice?
You can borrow up to $1000 in course-related costs per Student Loan account (generally 52 weeks). You don’t have to borrow the full amount. You also don’t need to claim it all at once. For example you could borrow $400 for costs like textbooks in semester one and then borrow another $600 later for semester two costs.
How much can you get from Studylink?
Your income can be up to $227.18 a week (before tax), before it affects your Student Allowance. After this, your Student Allowance reduces cent for cent. Your Student Allowance weekly payment is $278.19 (after tax) or $314.36 (before tax).
Does Studylink pay for halls of residence?
We won’t pay for your lump sum hostel or hall of residence costs.
Do you have to pay back Studylink?
You don’t have to pay the money back. The Student Allowance is similar to the Student Loan living costs but you don’t have to pay it back. You do have to pay back the living costs, as it’s part of the Student Loan.
Can I get course-related costs every year?
You can usually borrow up to $1,000 a year for course-related costs.
Do you get course-related costs each year?
You need to take out a new loan (which opens a new loan account) for every year of your studies. You can borrow up to $1000 in course-related costs as part of your Student Loan. If you started your current enrolment in 2020 you can borrow up to $2000.
What is extramural Studylink?
Extramural is when you’re not completing your studies on-site at the education provider, for example distance learning.
Does inheritance affect benefits NZ?
If your inheritance is in the form of an annuity (an annual fixed sum payment) then this is treated as income and can affect the amount of your main benefit payment or your eligibility for the benefit. If you have inherited property, or money which is paid to you as a one-off payment, then these are regarded as assets.
What are accommodation costs?
Accommodation costs means the expenses incurred by a hospital to provide its patients services for which a sep- arate charge is not customarily made.
What is maximum accommodation supplement?
The top limit for assets for both people receiving a benefit and people not receiving a benefit is: $8,100 for a single person. $16,200 for a sole parent or a married, civil union or de facto couple.
Does Studylink pay during holidays?
You’ll still get your Student Allowance payments over your study breaks if your break is 3 weeks or less. If you’ve been approved for Accommodation Benefit, this is paid automatically with your Student Allowance.
What are EFTS Studylink?
We work out your study workload by using a measurement called EFTS (Equivalent Full-time Student). Usually, 0.125 EFTS is equivalent to 15 credits or points at your education provider. We use EFTS for a number of reasons when looking at whether you can get a Student Loan or Student Allowance.
What are course-related costs and how much can I Borrow?
Course-related costs are part of a Student Loan so you’ll need to pay them back. You can borrow up to $1000 in course-related costs as part of your Student Loan. If you started your current enrolment in 2020 you can borrow up to $2000.
How do I apply for course-related costs online?
To apply for course-related costs online you need to ensure you have entered all information required. This is the item you are applying for course-related costs for. This gives examples of what can be claimed under the category you have selected.
How much can I Borrow for Level 1 or 2 studies?
studying a fees-free level 1 or 2 qualification. You can borrow up to $1000 in course-related costs as part of your Student Loan. If you started your current enrolment in 2020 you can borrow up to $2000. This means you enrolled for your course and started studying within 2020.
Can I claim course-related costs on my student loan?
You can claim course-related costs at any stage during your study if you’re studying full-time. Course-related costs are part of a Student Loan so you’ll need to pay them back. You can borrow up to $1000 in course-related costs as part of your Student Loan.