9 December 2019
S Devoy
[FYI request #11531 email]
Dear S Devoy
Thank you for your request made under the Official Information Act 1982 (OIA) received on
25 October 2019. You requested the following:
1. How many overseas based student loan borrowers are there?
2. How much is the total amount owing by overseas based student loan borrowers?
3. How much is the total amount of principal owing by overseas based student loan
borrowers?
4. How much is the total amount of interest owing by overseas based student loan
borrowers?
5. How many overseas based student loan borrowers are in default?
6. How much is the total amount owing by overseas based student borrowers in
default?
7. How much is the total amount of principal and total amount of interest owing by
overseas based student loan borrowers in default?
The requested information is provided in the appendix below. The data has been provided
as at 31 October 2019. The figures have been rounded up.
Thank you for your request
Yours sincerely
Kaylynne Bel
Group Lead – Customer and Compliance Services – Individuals
Overseas-based borrower data as at 31 October 2019 (rounded up)
Overseas-
based
Principal
Net payment
Administration
Total loan
Borrowers
amount
Net interest
Net penalties
transfers
fees
balance
Compliant
37,200
1,243,800,000
408,200,000
12,800,000
-736,900,000
9,300,000
937,100,000
In default
72,200
1,424,400,000
927,000,000
526,900,000
-435,900,000
21,400,000
2,463,700,000
Total
109,400 2,668,200,000 1,335,100,000
539,600,000 -1,172,700,000
30,600,000 3,400,900,000