John Key and Bill English last Week announced the 2011 Budget. Some major changes will be taking place, many which will affect students, including changes to the Student Loan Scheme and changes to KiwiSaver.
But what will this mean for you?
The Government will now be tougher on students who get student loans.
If you are over 55, you now will be looking at paying for your course related costs yourself. The payment holiday for paying back student loans has been reduced from 3 years to 1 year.