There have been several iterations of discounts introduced or abolished by various governments. There is currently no discount for upfront payments for any students.
A previous HECS-HELP discount was removed on 1 January 2017, and reinstated on up front payments of $500 or more from 1 January 2021. That 10% discount has now ended with effect from 31 December 2022.
Previous discounts:
The 10% discount for up-front payments of $500 or more for units of study with a census date on or after 1 January 2021 applied if a student was entitled to an amount of HECS-HELP assistance for a unit of study with a higher education provider. This meant that if a New Zealand Special Category Visa (SCV) holder was eligible for a HELP loan then they were also eligible for the HECS-HELP 10% discount.
This discount was abolished by the former government from 1 January 2017 and reintroduced from 1 January 2021.
Visit the StudyAssist website for more information about the:
