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Total versus principal on overseas student loan debt

Zane Johnston made this Official Information request to Inland Revenue Department

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From: Zane Johnston

Dear Inland Revenue Department,

I understand the overseas student loan debt is at approximately $1 billion NZD.

I am writing to request 2 figures:

What is the total amount of NZ student loan debt owing by overseas based borrowers?

How much of that debt is the actual principal?

If you can provide these figures from either the 30th June 2018 or the most recent date feasible that would be much appreciated.

Yours faithfully,
Zane Johnston.

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From: Zane Johnston

Dear Inland Revenue Department,

I submitted a previous request and realised I require further information. What I require is the following information as of 30th June 2018 or the most recent feasible date

How many overseas based student loan borrowers are there?
How much is the total amount owing by overseas based borrowers? (as per initial request)
How much is the total amount of principal owing by overseas based borrowers? (as per initial request)

How many overseas based student loan borrowers are in default?
How much is the total amount owing by overseas based borrowers in default?
How much is the total amount of principal owing by overseas based borrowers in default?

I hope you are able to please provide this information.

Yours faithfully,
Zane Johnston

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From: oia
Inland Revenue Department

[IN CONFIDENCE RELEASE EXTERNAL]

Good morning,

Thank you for the two requests made on 10 October 2018 under the Official Information Act 1982. We will respond to your requests within 20 working days from the date of receipt.

Kind regards,

Government & Executive Services

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From: oia
Inland Revenue Department


Attachment 19OIA088 Signed response Johnston.pdf
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[UNCLASSIFIED]

Good morning

 

Please find attached the response to your Official Information Act request
on behalf of Kaylynne Bell, Group Lead Customer and Compliance Services
Individuals.

 

Regards

Government and Executive Services

 

This email and any attachment may contain confidential information. If you
have received this email or any attachment in error, please delete the
email / attachment, and notify the sender. Please do not copy, disclose or
use the email, any attachment, or any information contained in them.
Consider the environment before deciding to print: avoid printing if you
can, or consider printing double-sided. Visit us online at ird.govt.nz

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