Cost of living funds
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Study in New Zealand-Cost of living funds

 

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

 
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