Want to know, how much you have to spend on your child's education in New Zealand? Read the following article about study cost in New Zealand for relevant information.

Study Cost in New Zealand

Over the objective of studying abroad, comes the issue of cost of study, which can easily shake the very basic goal of studying abroad. The cost of studying abroad is generally so high that it takes lifetime savings of parents to afford, and in some cases, even that amount does not seem to be sufficient and bank loans are taken up to cover the hefty expense. However, this does not deter the parents who, for the sake of the bright future of their children, take up the loans to pay the sky high course fees of the prestigious colleges abroad. However, though this may be feasible for some, for most it is absolutely formidable. In such circumstances, New Zealand proffers as an excellent option. Despite having world-class infrastructure and excellent education system, the cost of education is reasonably priced. The courses offered by prestigious universities here are much cheaper than the course available in many countries. New Zealand offer quiet and serene environment that greatly complement to the studying atmosphere. There are several scholarships available for international students. The accommodation and leaving expenses in New Zealand are much cheaper than the countries in West, and are easily affordable by most of families. Read further for more information on tuition fees of courses, living and accommodation expenses of studying in New Zealand.
Study Cost in New Zealand
Tuition Fees
Tuition fees vary from universities to universities and courses to courses. Here are listed few courses with the approximate range of annual tuition fees.
Undergraduate Courses
  •  Arts / Humanities / Social Sciences ,NZ $ 10,000 - $ 12,000 per year 
  • Commerce / Administration / Management , NZ $ 10,000 - $ 12,500 per year
  • Computing & Mathematical Sciences , NZ $ 13,000 - $ 15,000 per year
  • Engineering,   NZ $ 16,000 - $ 17,500 per year
  • Science / Science Technology, NZ $ 14,000 - $ 16,000 per year 
  • Technology , NZ $ 14,000 - $ 18,000 per year 
Post Graduate Courses
  • Arts / Humanities / Social Sciences, NZ $ 14,000 - $ 16,000 per year
  • Master of Business Administration (MBA), NZ $ 18,000 - $ 24,000 per year
  • Engineering,             NZ $ 18,000 - $ 24,500 per year
Living & Other Expense in NZ$
Your living expenses that include cost of accommodation, food, cloth, travel, telephone and incidental will be around NZ$12,000 - NZ$14,000 per year.
Accommodation Expense in NZ$
  • Halls of residence or student hostels: around $200 per week.
  • Home stay or private board: around $180 per week.
  • Flatting: Bond, plus around $120 per bedroom per week.
Health Insurance in NZ$
  • Incase of international students who are taking insurance, your Insurance cost can be around NZ$399 per year or NZ$33.25 per month.
Evidences of Funds
In order to gain student visa for your study programs in New Zealand, you will require following evidences.
  • You are required to show proof of sufficient funds held in New Zealand by you, or on your behalf.
  • You may show an undertaking by another person to cover your accommodation and living costs or you can have a proof of undertaking by a New Zealand sponsor to cover your accommodation and living costs.
  • In case of financial assistance available to you under aid programmes operated in New Zealand by a government agency, you may require to show the scholarship certificate.
  • Some of the evidences of funds that you can carry are cash, traveler's cheque, bank drafts or a recognized credit card with sufficient available credit.

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