4 Nov 2013

IRD says mistakes in some student loan accounts

5:04 pm on 4 November 2013

The Inland Revenue Department says about 1400 student loan statements recently sent to borrowers may state an incorrect amount to pay.

The Department says it sends statements out twice a year and the mistake is in the current run.

One person who received one of the incorrect statements says she was alarmed when she received the letter.

The Inland Revenue Department says it is working to resolve the problem and will be sending corrected statements to affected borrowers.