Student allowance and living cost rises come in at $200m a yearCAMERON BURNELL/STUFF Prime Minister answers questions on school starting age. Labour's $50 a week rise to student allowances and student loan living costs is expected to cost about $200 million a year. From January 1, 2018, student allowance base rates and the maximum amount students can borrow for living costs will rise by a net $50 a week. GRANT MATTHEW/STUFF Education Minister Chris Hipkins has released preliminary costings of the Government's policy to boost student allowances and student loan living costs. The spilt between the cost of the rise to student allowances, and those to student loan living costs was relatively even.

Source: Stuff November 22, 2017 03:00 UTC