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Student Loan Scheme Act 2011

Interest, relief, penalties and offences, rights of objection, and rights to challenge - Dispute procedures and rights to challenge - Rights to challenge and challenge procedures

186: Challenge to student loan shortfall penalty

You could also call this:

“You can ask for a review if you think your student loan penalty was a mistake”

If you have a student loan shortfall penalty, you can challenge it. You can do this if you think the penalty was given to you by mistake. This means if you believe there was an error when they put the penalty on you, you have the right to question it. Remember, you can only challenge the penalty for this specific reason.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM3180376.

Topics:
Education and learning > Higher education Money and consumer rights > Banking and loans
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185: Challenge to late notification penalty, or

"You can say a late fee is wrong if you think it's a mistake"

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187: Person who may make challenge, or

"Who can question decisions about their student loan"

Part 4 Interest, relief, penalties and offences, rights of objection, and rights to challenge
Dispute procedures and rights to challenge: Rights to challenge and challenge procedures

186Challenge to student loan shortfall penalty

  1. A borrower who has a student loan shortfall penalty imposed on him or her may challenge the student loan shortfall penalty on the ground that it was imposed on the borrower in error.

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