Repayment thresholds (current)
Annual repayment threshold
Below is the current annual repayment threshold, effective from 1 April 2026.
For some borrowers, any income over this threshold requires them to make Student Loan repayments (their repayment obligation) to Inland Revenue.
Annual repayment threshold | $24,128 (gross) |
Repayment rate
The current repayment rate is $0.12 in the dollar for any income over the repayment threshold.
Repayment rate before 1 April 2013
Before 1 April 2013 the repayment rate was $0.10 in the dollar.
Pay period repayment thresholds
Some borrowers with income in excess of the relevant pay period repayment threshold (below) are required to make Student Loan repayments (their repayment obligation) to Inland Revenue.
Below are the current pay period repayment thresholds, effective from 1 April 2026.
Pay period | Repayment threshold |
Weekly | $464.00 (gross) |
Fortnightly | $928.00 (gross) |
4-weekly | $1,856.00 (gross) |
Monthly | $2,010.66 (gross) |
For more information see:
For more information on which borrowers are affected by these repayment thresholds and repayment obligations for non-residents, see:
Previous thresholds
For previous annual thresholds see:
