Study In New Zealand: Cost Of Studying In New Zealand

New Zealand is an island country in the Pacific Ocean famed for its beauty, Maori culture, and rugby team. It is also known for great higher education in numerous fields. Compared to other wealthy countries, studying in New Zealand is cheaper. With world-class professors and high-tech facilities, the country attracts over 100,000 international students. Before applying to any degree program, consider tuition, housing, meals, travel, health insurance, etc. This blog discusses the approximate cost of studying in New Zealand.

Cost of Studying in New Zealand: Tuition Fees

Tuition fees form an important part of the final estimation of the cost of studying in New Zealand. Since every university has its fee structure, the total fees vary from one institute to another. Given below are the general cost estimates for courses at undergraduate and postgraduate levels:

Tuition Fees For Undergraduate Programs

The yearly tuition fees for international students studying undergraduate courses in the prestigious universities of New Zealand generally range between NZ$ 22,000 – 32,000. This fee is higher for those who want to major in fields like Engineering, Medicine, Veterinary Science, Dentistry, etc. and have to pay approximately NZ$ 25,000 to 75,000 per year.

Tuition Fees For Postgraduate Programs

The cost of studying in New Zealand for graduates is somewhat more expensive than the cost of studying undergraduate courses. The international students have to bear the tuition fees which range between NZ$ 26,000 – 37,000. However, international PhD students shed the same amount as domestic PhD students, which is approximately NZ$ 6,500 – 9,000.

Cost of Studying in New Zealand: Accommodation

Accommodation costs must be included in final estimates of the cost of studying in New Zealand for foreign students. Although the majority of institutions offer on-campus housing, students also have the option of remaining off-campus or in self-catered apartments. The average weekly cost of residing in university residential apartments is NZ$ 270. Self-catered settlements, on the other hand, cost around NZ$ 170 each week.

Cost of Studying in New Zealand: Student Visa

Student visa fees are included in the cost of studying in New Zealand. Visa fees vary depending on whether you apply online or via paper. Online applicants pay NZ$270 on average. Medical and travel insurance are required in addition to a full-time student visa. International students can stay for four years and work 20 hours each week. The New Zealand immigration department website has details on the application process.

Other Expenses

Apart from the basic expenses like tuition fees, accommodation costs, and student visa, the cost of studying in New Zealand also includes other essential living expenses, the approximate costs are stated below:

• Transportation/Travel NZ$ 4
• Books and Supplies NZ$ 500
• Electricity/Gas/Water NZ$ 100
• Mobile Plan NZ$ 10
• Food and Entertainment NZ$ 170

Health Support And Insurance

Students leaving India for New Zealand must have medical insurance before starting their program. Many New Zealand colleges and universities offer complete health insurance for international students, however it only applies during your program and ends when it does.

Some universities don’t offer health insurance, so you may need to buy your own. Medical insurance in New Zealand costs $200–$700 annually. (indicative). All Indian students in New Zealand have access to health and support services.

International students have affordable health insurance. A popular student option, StudentSafe, offers yearly health and travel insurance for $590.

Taxes And Deductions

Without an IRD number, often known as an Inland Revenue Department number, Indian students in New Zealand are unable to get employment. You can work 20 hours per week throughout the school year and full-time during breaks thanks to this. Your earned income will be taxed if you decide to work while you study.

Keep in mind that changes in currency rates may have an impact on your budget. While you are studying in New Zealand, we advise you to hunt for part-time employment or apply for scholarships at the colleges you are interested in. This can significantly reduce the cost of your study abroad program.

Funding to Study in New Zealand

You could look for a part-time work to supplement your income while you study, but this should not be your primary source of income. You may work up to 20 hours a week part-time while enrolled in school for at least two years (and full-time during university breaks).

The government offers a variety of scholarships to international students, which can be found on Education New Zealand’s website using this search engine. You can also check their official websites to see if any New Zealand institutions are giving scholarships.

The StudentCard is only NZ$20 (about US$13.50) and will pay for itself after a few uses, so it’s worth it to take advantage of student discounts on anything from dining to skydiving.

FAQs

Is New Zealand a cheap country to study?

You will require between NZ$ 22,000 and NZ$ 35,000 per year to pay for tuition (indicative). Courses in the humanities, the arts, and education are often less expensive, whereas those in the sciences and engineering are probably to be more so.

How much does a student visa cost for New Zealand?

Cost of a New Zealand visa: Students who submit their student visa applications online must pay a visa cost of NZD 330 in receiving centre fees (New Delhi).

Is studying in New Zealand worth it?

New Zealand offers outstanding educational opportunities in a wide range of subjects. Furthermore, according to the QS World University Rankings, every university in New Zealand is highly rated and ranks among the top 3%.