Student loan holders are about to be hit with a $40 administration fee for every year they don't repay their loan.

Nearly 900,000 people have taken student loans since the scheme started, and over two-thirds have not fully repaid the money back.

Plans for a Kiwi bach that generates more power than it uses are on display next week as the nation's universities showcase to business their latest innovations.

A new national service looks ready to start next year to make sure every 16 or 17-year-old ends up in work or training after leaving school.

The Government will spend an additional $55 million over the next two years to meet demand for places at universities.