Viewport width =
May 21, 2007 | by  | in News | [ssba]

IRD “Fixing” incorrect student loan statements

Inland Revenue (IRD) sent out up to 95,000 incorrect student loan statements last week that wrongly indicated interest had not been written off.

Up to twenty percent of borrowers, or 95,000 people, may have received the incorrect statements. About 160 called IRD to complain.

IRD spokeswoman Alison Welch told media the error occurred when interest had been written off in the system, but the data wasn’t transferred to the computer code which prints the statements out.

Welch said no accounts were affected by the error, and that corrected statements would be sent out over the next two weeks.

Laura McQuillan with reporting from NZPA


About the Author ()

With her take-no-prisoners, kick-ass attitude, former News Editor Laura McQuillan adequately makes up for her lack of stature. Roaming the corridors (and underground tunnels) of the University by day, and hunting vampires and Nazi war criminals by night, McQuillan will stop at nothing to bring you the freshest news.

Comments are closed.

Recent posts

  1. VUW Halls Hiking Fees By 50–80% Next Year
  2. The Stats on Gender Disparities at VUW
  3. Issue 25 – Legacy
  4. Canta Wins Bid for Editorial Independence
  5. RA Speaks Out About Victoria University Hall Death
  6. VUW Hall Death: What We Know So Far
  8. New Normal
  9. Come In, The Door’s Open.
  10. Love in the Time of Face Tattoos

Editor's Pick

Uncomfortable places: skin.

:   Where are you from?  My list was always ready: England, Ireland, Scotland, Wales, puppy dogs’ tails, a little Spanish, maybe German, and—almost as an afterthought—half Samoan. An unwanted fraction.   But you don’t seem like a Samoan. I thought you were [inser

Do you know how to read? Sign up to our Newsletter!

* indicates required