Study in New Zealand-Cost of living funds
Evidence of funds to support yourself
To gain a Student Visa or Permit we want to see that you’re able to meet your living costs during your stay.
Evidence may include: - sufficient funds held in New Zealand by you, or on your behalf or
- an undertaking by another person to cover your accommodation and living costs. We’ll want to see this before you leave for New Zealand or
- an undertaking by a New Zealand sponsor to cover your accommodation and living costs or
- financial assistance available to you under aid programmes operated in New Zealand by a government agency.
If you’re taking a course lasting less than nine months… you’ll need to show us you have access to: - NZ $1000 for each month of your stay or
- NZ $400 for each month, if your accommodation is already paid for. You’ll need to show us that you’ve paid or
- a letter from your education provider that your accommodation and other living costs are included in the package you’ve already paid for.
If you’re taking a course that’s longer than nine months… you’ll need to show us you have access to: - NZ$10,000 per year to cover your costs during your stay in New Zealand or
- if you’re a citizen of Samoa or Tonga, a written guarantee from a relative who is a New Zealand citizen or resident that they will cover your living costs.
Evidence of funds can be: - cash
- travellers cheques
- bank drafts
- a recognised credit card with sufficient available credit.
Source: www.immigration.govt.nz |