新西兰英语 616 Student loans

 　　The government is going to change the repayment¹ rate for student loans. At the moment, when graduates earn a minimum of $19,084 a year (that is $367 a week), they have to start repaying the loan at a rate of 10% of their pay until the full loan is paid. This will change to 12% after the Budget at the end of this month. The government said that extra money will add another $60 or $70m to the Education Budget which will be used mostly for Science and Engineering education.

　　The three-year holiday from repaying a loan for those who go overseas is now only one year. Listen to April 18th 2011 to hear more about student loans.

　　The government is also planning a reward for graduates who pay back their loans fast. We will have to wait for the Budget on May 24th to hear the details of this.

　　Another change for students will affect those who come from families on low incomes. If their parents earn less than $55,000, students can apply for an allowance of $6,000 a year. The government says there will be no change for the next four years to that $55,000 maximum income. The other change is that the student allowance will only be for four years. At the moment it is five years.

　　Vocabulary

　　repay (v), repayment (n) – pay back money borrowed

　　The Budget – the government’s spending plan for the year

　　minimum – lowest number

　　maximum – highest number

　　reward – prize

　　affect – make a difference

　　allowance – money for living while they are at university. It is not a loan – they do not pay it back.

　　Grammar

　　is going to – is planning to, will (‘going to’ is more common for plans)

　　have to start– ‘have to’ is more common than ‘must’

1 repayment   

n.偿还，偿还款；报酬

参考例句：

• I am entitled to a repayment for the damaged goods.我有权利索取货物损坏赔偿金。
• The tax authorities have been harrying her for repayment.税务局一直在催她补交税款。