Studylink is a service of the Ministry of Social Development that financially assists students while they study. It supplies Student Allowances and Student Loans to those that are eligible.
Student Loan: The Student Loan is there to help with study costs. You may get a loan to help with your compulsory fees, course-related and living costs. You do have to pay this back.
Student Allowance: This is a weekly payment for full-time students to help with day-to-day living expenses. There are certain criteria you have to meet to qualify, but you won't have to pay it back.
Link to StudyLink for further information StudyLink