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Paying for Hall Accommodation
How do I pay for my course and my university or polytechnic hall?
Firstly, once you get an offer, you must pay around $1000 within 14 days to keep your space in that hall. This means you’ll need access to $1K next month. (savings/job/parents/grandparents)
Then you choose how you wish to pay for the rest – up to $20,000.
The Student Loan from Studylink will automatically pay your course fees to your tertiary provider.
This amount (around $7-8K) is added to your loan. In addition you can choose to get up to $320 per week for living costs and use this to pay a weekly sum to your hall.
Not all halls offer this method of payment. You may have the option to pay in 4 instalments or 1 lump sum. Check the resource attached to this post which are examples of payment schemes for this year (2024).
It’s important to talk to your parents/whānau about how you plan to pay for your studies and living costs. You can call Studylink or the university/polytechnic to discuss options.
Studylink phone 0800 889900
Also
MoneyTalks Free Advice 0800 345123