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Cost of studying in New Zealand

Study in New Zealand | How-to guides
10 October, 2023

Everything you need to know about the cost of studying in New Zealand

New Zealand is not just known for its scenic beauty; it is also a great hub for education. The cost of studying in New Zealand is much less than in America or most European countries. The cost of studying in New Zealand for international students being affordable is the biggest advantage and motivation. 

 

According to the official site, Study with New Zealand, it is ranked first for having a well-being strategy for international students. Moreover, New Zealand's universities provide funding to their students too.

 

Students wanting to go for their higher studies in New Zealand will benefit from a high-quality education at a reasonable cost. However, the fees will depend on the course and the program they choose because it varies.

 

If students wish to study abroad, New Zealand has two intakes, one in February and the second in July. Applicants can apply for the February intake as early as November or the beginning of December. The decisions for this intake are given in January. For the July intake, students can apply by April or May, for which decisions are given by June.

Accepting these offers in time is extremely crucial so that students can apply for visas within the allotted time. In this blog, we will cover everything you need to know more about the cost of studying in New Zealand.

 

There are reasons why many students feel New Zealand is the top destination for higher studies. New Zealand is great for both academic and work options. It offers scholarships, the ease of finding work, and the affordable cost of studying in New Zealand for international students.

 

 
Students need to note that public universities charge the tuition fees, while private ones are expensive and charge the most. However, this depends on the chosen degree, the duration, and the education level.

 

Some other reasons also include quality learning experiences and a lower cost of living. International students can easily get PR, stipends, and certain exemptions from the cost of living. The qualifications are the biggest advantage of studying at a university in New Zealand. They are recognized as globally beneficial in any part of the world.

 

The cost of studying in New Zealand depends on the course of study. The cost of studying in New Zealand for Indian students can be around INR 8 lakhs to INR 25 lakhs. This is the annual cost for bachelor's courses. The average cost of studying in New Zealand for postgraduate courses is around INR 13.50-19.21 lakhs. For doctoral degrees, the cost ranges between INR 3.37 lakhs and 4.67 lakhs.

 

Such courses are cheaper if a student is interested in humanities, education, and arts. Medicine and engineering are more expensive. MBA courses are the most expensive. The preferred cities are the Universities of Auckland and Christchurch, which rank in the top 100 in the QS World Ranking 2023.

 

Let's look at a few universities and the cost of living in New Zealand for Indian students:

● University of Auckland: INR 26,29,581 (NZD 54,885)

● Auckland University of Technology: INR 20,44,543 (NZD 42,674)

● University of Otago: INR 25,53,211 (NZD 53,291)

● University of Waikato: INR 24,49,676 (NZD 51,130)

● University of Canterbury: INR 22,03,894 (NZD 46,000)

● Lincoln University: INR 22,51,805 (NZD 47,000)

● Massey University: INR 26,79,239 (NZD 55,000)

● Wellington Institute of Technology - INR 17,87,023 (NZD 37,299)

Cost of Studying in New Zealand and Visa

Once a student has received confirmation, he or she can apply for a visa. The average cost of studying in New Zealand regarding visa application costs is INR 1,010 (NZD 430) if applying online. The application is verified and assessed within 53 working days, but the average timeframe can be 19 days. Obtaining permanent residency in New Zealand is also possible if applicants meet the Green Occupations List. It comprises 85 jobs in different sectors.

 

Cost of studying in New Zealand and Scholarships

There are numerous scholarships students can benefit from before studying in New Zealand. Here are some:

● The University of Auckland International Student Excellence Scholarships

● University of Auckland India High Achievers Scholarship

● Massey University Master's Research Scholarship

● Massey Business School Promising Student Assistance Bursary

● Massey University International Postgraduate Excellence Scholarship

● Otago Polytechnic Bachelors scholarship

● Education Loan to Study in New Zealand

Cost of Studying in New Zealand, Living, and other expenses

 

While it is important to consider the course and visa fees, students must also understand their estimated living expenses. It is necessary that students don't overspend while living abroad on a tight budget. Students will need to save for groceries, emergencies, and social activities, not just for accommodation and tuition.
Students need to get medical insurance before traveling abroad. Some universities provide health insurance; some do not. So, it is wise to research.

 

Students can look for part-time options, as they can lower the cost of studying in New Zealand for international students. Students are allowed to work the allotted 20 hours a week part-time. Many jobs, such as receptionist, supermarket assistant, sales assistant, waitress, and tutor, allow this. Once a student starts working part-time, the income becomes taxable, so make sure, as a student, you cover that too.

 

Cost of studying in New Zealand and loans

Both public and private banks offer education loans to students studying abroad. Also, showing that you have enough funds, scholarships, and sponsorships will secure your expenses too.

 

Conclusion

Being well-prepared is vital before you can start applying. The cost of studying includes the course fee and the total cost of your study period. We know choosing the right university, to considering the expenses can be stressful. At New Zealand Gateways, we ensure that your concerns are solved so that your application and study processes are hassle-free. Get in touch with our experts today!