Coasties preparing for tertiary education can look forward to the introduction of a new final-year Fees Free scheme starting 1 January 2025.

This initiative, announced by Tertiary Education and Skills Minister Penny Simmonds, will provide eligible first-time learners with up to $12,000 to cover their final year of provider-based study or the last two years of work-based learning.

The new programme replaces the current first-year Fees Free scheme, which will conclude at the end of 2024.

Payments under the final-year model will be available after learners complete their qualifications, with the first payments expected in 2026 for studies completed in 2025.

“This decision reflects the Government’s focus on incentivising educational success and ensuring funding delivers maximum value for both learners and communities,” Ms Simmonds said.

The entitlement applies to learners studying at Level 3 and above on the New Zealand Qualifications and Credentials Framework.

The initiative aims to reward students for their perseverance, motivating them to complete their studies and achieve their educational goals.

The policy, approved by Cabinet in April 2024, was developed as part of the National-New Zealand First Coalition’s commitment to improving tertiary education funding.

The Tertiary Education Commission and Inland Revenue will oversee its implementation. Learners will be able to claim the entitlement through myIR from early 2026, supported by a streamlined data-sharing process.

“This Government is focused on fostering educational achievement, rewarding perseverance, and preparing learners for bright futures,” Ms Simmonds said.

For the Hibiscus Coast community, the new scheme offers local students and families an opportunity to pursue higher education with greater financial support, enabling long-term benefits for individuals and the community as a whole.

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