Medical students' borrowing limits extended
01 December 2015.
Tertiary Education, Skills and Employment Minister Steven Joyce has today announced changes to student loan borrowing for long undergraduate programmes in medicine, optometry, dentistry and veterinary science.
From next year all eligible graduate-entry students in these long undergraduate programmes will be able to apply for an extra 1 EFTS of student loan support on top of the 7 EFTS they can already access. This extra 1 EFTS was previously only available to help graduate students complete post-graduate qualifications.
Graduate-entry medical students will also be able to be paid the Medical Trainee Intern Grant as a lump sum at the beginning of their final year so that they can use it to pay their fees if needed. Up until now, this grant was paid monthly.