How to avoid debt

While StudyLink is a critical financial support service for most tertiary students, it is also important to be aware of the downfalls of borrowing money.

If you are receiving payments from Studylink, you must keep them in the loop with any changes that might affect what or how much financial support you’re eligible for, to avoid getting yourself in debt.

The most common ways to get into debt include but are not limited to:

• Studylink paying you too much for your Student Allowance or other payments (e.g., Accommodation supplement). This can happen if you didn’t tell Studylink:
  • Your correct income before they paid you
  • Your income increase
  • About a change in your circumstance, e.g. you withdrew from study, started work, or you no longer have a partner.

• Recoverable assistance: this is money that Studylink has paid you with the understanding that you will have to pay this money back, e.g. a bond assistance, school uniforms or a rent payment.

• Benefit overpayment: this is when you are receiving a benefit that you aren’t allowed to get while you are studying (e.g., you’re studying full-time and get Jobseeker Support).

To read more about changes that may impact your entitlements, click here.

If in doubt about a change in your circumstances and how this may affect future debts, it’s always a good idea to contact Studylink.

If you need additional assistance in contacting Studylink, you can reach out to your Student Support Advisor or the Te Papa Manaaki, Campus Care team for further support. They can provide guidance and help you navigate the process of contacting Studylink.