You need to pay back the money you borrowed for your student loan. This is called your 'consolidated loan balance'. You must follow the rules in the Student Loan Scheme Act and your loan contract when paying back your loan.
If there's a difference between what the Act says and what your loan contract says, you should look at Section 203 of the Act. This section will tell you what to do in this situation.
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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM3180095.
29: Borrower to notify Commissioner of return to New Zealand of more than 183 days, or
"Tell the government when you return to New Zealand for more than 6 months"
31: Repayment obligations that apply to New Zealand-based borrowers and overseas-based borrowers, or
"Different loan repayment rules for people living in New Zealand and overseas"
Each borrower must repay his or her consolidated loan balance in accordance with this Act and the loan contract.
Section 203 applies if there is an inconsistency between this Act and the loan contract.
