In most cases you wont qualify for an interest-free loan if you go overseas for 184 days (about 6 months) or more. However you may still qualify for your existing loan to remain interest-free if you meet the conditions for one of the following situations: •Studying overseas •Living in Niue, Cook Islands, Tokelau or Ross Dependency •Working overseas for the New Zealand Government •Working for a New Zealand company overseas •Working as a volunteer overseas •Accompanying your partner overseas There are two additional circumstances where you may still qualify for your existing loan to remain interest-free: •Unexpected delay returning to New Zealand •Unplanned absence ird.govt.nz/studentloans/overseas/interest-free/#09
Posted on: Fri, 13 Jun 2014 19:05:34 +0000