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How to make a student loan repayment in NZ

Visual:

The video starts with Inland Revenue’s logo. Then a map of New Zealand slides onto the screen and a question mark pops up in a circle. These images disappear and a man wearing a tie is joined by an image of a graduation cap and the word “Loan”. A payslip appears showing the “SL” repayment code.

Audio:

"Are you a student loan borrower in New Zealand?"

"If you're an employee, repaying your loan is easy. Your repayments come out of your salary or wage every payday. Just make sure you're using the "SL" repayment code."


Visual:

A dollar sign appears on top of the payslip and moves over to the “Loan” image, which shrinks in size, indicating a smaller loan. A bubble showing two people talking appears.

All images leave the screen, and we see a man in a hi-vis vest. The graduation cap drops down, and so does a form marked “Income tax”. Five circles containing dollar signs line up at the top of the screen then move apart, indicating “spreading the load”.

Audio:

"Did you know you can pay off your loan faster by making voluntary repayments? A little extra can make a big difference."

"You can ask your employer to deduct extra repayments directly from your pay."

"If you're self-employed, you repay your student loan along with your income tax. Making repayments throughout the year will help spread the load."


Visual:

A computer screen appears, showing the homepage of Inland Revenue’s website. The image changes, and “myIR” comes on the computer screen. Underneath, each activity is listed in turn, following the voice exactly. The activities disappear and “REGISTER” pops up.

Audio:

"It’s easy to manage your student loan with our myIR service. You can check your balance and repayment dates, update your contact details, and receive your statements at any time. Go to our web site and register now."


Visual:

We see the graduation cap, which receives a tick. Then an image of two “helping hands” appears, to be replaced by an image of myIR. The video ends with Inland Revenue's logo and a student loan web address, and a footer reading "New Zealand Government".

Audio:

"Most borrowers are up to date with their payments. But if you get into difficulty, don't worry. You don't have to deal with it on your own. Contact us through myIR, and we can help you get back on track."

"Take control of your student loan today and you’ll be celebrating in no time. "