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The Ultimate Guide to How Much Money Is Required to Study in New Zealand?

If you’re considering studying in New Zealand, it’s essential to understand the cost implications. As experienced education consultants, we have helped numerous students embark on their New Zealand journey, and we are here to provide you with expert advice and insights. In this blog post, we will delve into the study in New Zealand’s cost for Indian students in 2024, from tuition fees to living expenses, scholarships, and part-time job opportunities.

New Zealand Education Cost for Indian Students

When planning to pursue higher education in New Zealand, it’s crucial to clearly understand How much it costs to study in new zealand. Various factors contribute to the overall expenses, including tuition fees. Let’s explore the tuition fees for different levels of education in New Zealand:

Tuition Fees for Studying Bachelor for Indian Students

The new zealand education cost for Bachelor’s varies depending on the university, the program of study, and the student’s nationality. International students can expect to pay significantly more than domestic students.

The following table shows the average tuition fees for undergraduate degrees at some of the top universities in New Zealand:

UniversityAverage Tuition Fees for UG in (NZ$)
University of Auckland25,000
Massey University23,000
Waikato Institute of Technology22,000
Wellington Institute of Technology21,000
TOI-OHOMAI20,000
Overall Avg Fees22,000

The average tuition fees for undergraduate degrees in New Zealand are around NZ$22,000. However, there are some programs that are more expensive, such as medicine and engineering. These programs can cost upwards of NZ$30,000 per year.

Study in New Zealand Cost for Masters

The new zealand education cost for a master’s varies depending on the university and the course you choose. However, the average tuition fees for a Master’s degree in New Zealand are around NZ$25,000 per year.

Here are the average tuition fees for Master’s degrees at some of the top universities in New Zealand:

UniversityAverage Tuition Fees for PG in (NZ$)
University of Auckland30,000
Massey University25,000
Waikato Institute of Technology20,000
Wellington Institute of Technology22,000
TOI-OHOMAI18,000
Overall Avg Fees25,000

Note that these are just average tuition fees, and the actual cost may vary depending on the course you choose.

Tuition Fees for Studying MBA for Indian Students

The Cost of studying in New Zealand for Indian students varies depending on the university, the program, and the length of the program. However, the average tuition fee for an MBA in New Zealand is around NZ$30,000 per year.

Here is a table of the average tuition fees for MBA programs at some of the top universities in New Zealand:

UniversityAverage Tuition Fees for PG in (NZ$)
University of Auckland35,000
Massey University32,000
Waikato Institute of Technology28,000
Wellington Institute of Technology25,000
TOI-OHOMAI23,000
Overall Avg Fees30,000

Study in New Zealand Cost for Diploma Course

The Cost of studying in New Zealand for Indian students varies depending on the university, the level of study, and the subject. However, international students can expect to pay an average of NZ$22,000-25,000 per year for a diploma degree.

Here is a table of the average study in New Zealand cost for diplomas at some of the top universities in New Zealand:

UniversityAverage Tuition Fees for PG in (NZ$)
University of Auckland23,000
Massey University22,500
Waikato Institute of Technology21,000
Wellington Institute of Technology20,000
TOI-OHOMAI20,500
Overall Avg Fees22,000-25,000

It is important to note that these are just average fees, and the actual cost may be higher or lower depending on the specific university and program. For example, tuition fees for medicine and engineering degrees are typically higher than those for humanities and social sciences degrees.

Study in New Zealand Cost for Top Programmes in 2024

When it comes to pursuing higher education in New Zealand, the country offers a diverse range of programs that cater to different interests and career aspirations. Let’s delve into some of the top programs and what they entail:

1. Computer Science and IT:

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This program equips students with essential knowledge and skills in computer science, programming, software development, and information technology. Graduates in this field have excellent career prospects due to the ever-growing demand for tech professionals.

Bachelor’s: NZD 28,000 – 53,000
Master’s: NZD 35,000 – 49,000

 Engineering:

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Engineering programs in New Zealand cover various fields, such as Civil Engineering, Electrical Engineering, Mechanical Engineering, and more. Students are equipped with technical expertise, problem-solving skills, and innovative thinking.

Bachelor’s: NZD 30,000 – 55,000
Master’s: NZD 37,000 – 51,000

Hospitality Management:

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This program focuses on developing students’ management and leadership skills in the hospitality industry, including hotel and restaurant management. Graduates can pursue rewarding careers in the booming global tourism sector.

Bachelor’s: NZD 25,000 – 40,000
Master’s: NZD 30,000 – 45,000

Health care & Social Work:

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This program prepares students to work in the healthcare sector, focusing on nursing, health management, and social work. Graduates play a crucial role in promoting well-being and providing care to individuals and communities.

Bachelor’s: NZD 27,000 – 42,000
Master’s: NZD 32,000 – 47,000

Tourism:

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This program focuses on the tourism industry, covering areas such as travel management, destination marketing, and sustainable tourism. Graduates find opportunities in tourism boards, travel agencies, and hospitality establishments.

Bachelor’s: NZD 22,000 – 37,000
Master’s: NZD 27,000 – 42,000

Explore More: Top 10 Courses in Demand in Abroad

Living costs in New Zealand in 2024

When you plan to study in New Zealand, it’s essential to consider the living costs to ensure a comfortable and enriching experience. Transglobal has assisted numerous students in understanding the Cost of studying in New Zealand for Indian students.

The cost of living in New Zealand can be broken down into various categories. Here are tables outlining the approximate monthly expenses based on different family sizes:

Single Student (NZD)

  • Rent (per month): $800 – $1,500
  • Groceries: $200 – $300
  • Utilities (electricity, : $100 – $150
  • water, internet)
  • Transportation:$100 – $150
  • Dining Out: $150 – $250
  • Entertainment : $100 – $200
  • Miscellaneous: $100 – $200
  • Total : $1,550 – $2,550

Couple (NZD)

  • Rent (per month): $1,200 – $2,500
  • Groceries:  $300 – $500
  • Utilities (electricity, :$150 – $200
  • water, internet)
  • Transportation:$150 – $200
  • Dining Out: $250 – $400
  • Entertainment : $150 – $250
  • Miscellaneous: $150 – $250
  • Total :  $2,350 – $4,100

Couple with Child (NZD)

  • Rent (per month): $1,200 – $2,500
  • Groceries:  $300 – $500
  • Utilities (electricity, :$150 – $200
  • water, internet)
  • Transportation:$150 – $200
  • Dining Out: $250 – $400
  • Entertainment : $150 – $250
  • Miscellaneous: $150 – $250
  • Total :  $2,350 – $4,100

Transglobal overseas education consultants are here to support you with your study in New Zealand cost every step of the way. With our expertise, you can confidently embark on your journey to study in New Zealand. Contact us today! 

English proficiency exam fees

Cost of IELTS Exam: Rs. 16,500

Cost of TOEFL Exam: Rs. 16,900

Cost of PTE Academic Exam: Rs. 15,900

New Zealand Student visa and application cost in 2024

When it comes to applying for a student visa to study in New Zealand, it’s essential to be well-informed about the associated costs. 

The cost of a student visa for New Zealand can vary depending on your nationality. For most students, the standard visa application fee is around NZ$375.

In addition to the student visa cost, you will also need to pay an application fee. The application fee for a New Zealand student visa is approximately NZ$225. 

Health support and insurance expenses

New Zealand is renowned for its excellent healthcare system, and as an international student, you will have access to quality medical facilities. However, it is mandatory for all international students to have health insurance during their stay in New Zealand. 

The average cost of health insurance for international students in New Zealand is around NZD 100 per month.

Taxes in New Zealand

As an international student in New Zealand, it’s essential to be aware of the country’s tax regulations and financial obligations. Let’s delve into the details to ensure you have a clear understanding.

  1. Income Tax: The good news for international students is that you are not required to pay income tax on your first NZ$14,000 of income earned in New Zealand. This tax exemption provides some relief, especially for those working part-time to support their studies.
  2. Corporate income tax: Companies in New Zealand are taxed on their New Zealand-sourced income at a rate of 28%.
  3. Goods and Services Tax (GST): GST is a value-added tax that is applied to most goods and services sold in New Zealand. The current GST rate is 15%.
  4. Residential property investors tax: The current rate of the residential property investors tax is 33%.

The taxation system in New Zealand is relatively simple and straightforward. If you are a resident of New Zealand, you are required to file an income tax return each year. You can file your income tax return online or by mail.

Explore More: Top 10 Reasons to Study in New Zealand

Scholarships in New Zealand for Indian Students in 2024

As expert education consultants, we are here to guide you through these opportunities, ensuring you find the support you need to embark on your academic journey.

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1) Manaaki New Zealand Scholarships

The Manaaki New Zealand Scholarships, funded by the New Zealand Government, are aimed at international students studying in New Zealand or the Pacific.

2) Prime Minister’s Scholarships to Asia and South America

The Prime Minister’s Scholarships to Asia and South America are funded by the New Zealand Government and administered by Education New Zealand Manapou ki te Ao (ENZ). The scholarships are awarded to New Zealanders for study, internship, or research programmes in Asia and South America.

3) The University of Auckland International Student Excellence Scholarship

A Scholarship of up to $10,000 towards compulsory tuition fees for domestic and international students enrolling full-time or part-time in a sub-doctoral postgraduate programme in the Faculty of Arts.

4) Auckland University of Technology International Excellence Scholarship

The AUT International Excellence Scholarship is available for undergraduate and postgraduate study and is a testament to AUT’s commitment to fostering academic excellence among its diverse student community.

5) Massey University International Excellence Scholarships

The scholarships are awarded to students who have demonstrated academic excellence and are committed to their studies.

  1. Undergraduate Programme maximum: NZD 20,000 (for a 4-year programme) 
  2. Postgraduate Programme maximum: NZD 10,000 (for a 2-year programme)

6) Commonwealth Scholarships

The New Zealand Commonwealth Scholarship is a full scholarship that covers the cost of tuition fees, living expenses, and travel expenses for eligible students from Commonwealth countries. The scholarship is available for undergraduate, postgraduate, and doctoral study at any New Zealand tertiary education institution.

These are just a few scholarships available for study in New Zealand. You can contact us to discover more scholarships according to your academic eligibility and desired university.

Part-Time Job in New Zealand for Students in 2024

As an international student in New Zealand, the prospect of earning some extra income through part-time work can be both exciting and beneficial. Not only can it help you manage your living expenses and gain valuable work experience. Below, we will explore the various aspects of part-time job opportunities in New Zealand and how they can enhance your overall study abroad experience.

Work Eligibility for International Students in 2024

Before diving into the job market, it’s essential to understand the work eligibility rules for international students in New Zealand. As an international student with a valid student visa, you are permitted to work up to 20 hours per week during the academic year and full-time during scheduled breaks and holidays. This flexibility allows you to strike a balance between your studies and work commitments while making the most of your time in New Zealand.

Types of Part-Time Jobs

New Zealand offers a wide range of part-time job opportunities suitable for students. Some popular options include:

  1. Hospitality and Tourism – The vibrant tourism industry in New Zealand creates a demand for part-time workers in hotels, restaurants, cafes, and tourism-related businesses.
  2. Retail – Many retail outlets seek part-time employees to assist with customer service, sales, and inventory management.
  3. Tutoring and Teaching – If you excel in academics, you can explore tutoring opportunities for fellow students or assist in teaching assistant roles.
  4. Office and Administrative Work – Various businesses and organizations require part-time help in administrative tasks, data entry, and office support.
  5. Healthcare and Aged Care – For students pursuing healthcare-related courses, part-time roles in healthcare facilities or aged care centers can be rewarding.

Transglobal Overseas can guide you through the process of finding part-time job opportunities in New Zealand. Contact us today to make the most of your time in New Zealand.

Complete Your New Zealand Journey with Transglobal Overseas

With our deep understanding of the New Zealand education system and immigration policies, we are well-equipped to guide you through every step of the study abroad process, ensuring a smooth and successful journey.

Here’s why you should complete your New Zealand journey with Us:

  1.  Expert Guidance: Our team of expert counselors possesses in-depth knowledge of New Zealand universities, colleges, courses, and visa procedures. We stay updated with the latest changes in immigration policies, ensuring accurate and reliable advice.
  2.  Personalized Counseling: Our counselors take the time to understand your academic profile, career objectives, and preferences, tailoring our guidance to match your needs.
  3.  Comprehensive Services: From university selection to visa application and pre-departure assistance, we provide end-to-end support, leaving every aspect of your study abroad journey to be completed.
  4.  Scholarship Opportunities: We can help you identify and apply for scholarships that match your qualifications and financial needs, maximizing your chances of securing financial aid.
  5.  Visa Assistance: With our expertise, we ensure that your visa application is complete, accurate, and submitted on time, increasing the likelihood of visa approval.
  6.  Pre-Departure Support: We offer pre-departure orientation sessions that equip you with essential information about life in New Zealand, cultural nuances, and tips for a successful transition.
  7. Exam Preparation: We provide coaching classes in the Delhi region for English proficiency exams like IELTSUKVI, and PTE. Our trainer has 8+ years of experience. So, what are you thinking? Book your free demo class today.
  8.  Ongoing Assistance: Our commitment to your success continues after your departure to New Zealand.

Conclusion

Studying in New Zealand can be a transformative and life-changing experience. By understanding the cost of studying and living in New Zealand and exploring available scholarships and financial aid, you can plan your study journey with confidence. Remember that Transglobal Overseas is here to support you at every step, making your dreams of studying in New Zealand a reality.

FAQs Regarding "Study in New Zealand Cost"

What are the factors that determine the study in new zealand cost?

Studying in New Zealand offers a world-class education, but the Cost of studying in new zealand for Indian students can vary depending on several factors. The main determinants include the level of study you pursue, the specific university or college you choose, the city you live in, and your personal lifestyle choices. Tuition fees, accommodation, food, transportation, and entertainment are some common expenses you need to consider.

How much bank balance is required for a New Zealand student visa?

When applying for a New Zealand student visa, you must show that you have sufficient funds to support yourself during your stay. As of March 2024, the required bank balance is typically NZ 20,000 per year for a student visa. However, the exact amount may vary based on your nationality and the duration of your course.

Is studying in New Zealand expensive?

While studying in New Zealand may be comparable to other developed countries, it is essential to plan your finances wisely. By exploring various financial aid options, scholarships, and part-time work opportunities, you can make your study experience more affordable and fulfilling.

How much cost to study in new zealand for Indian students?

The cost of studying in New Zealand for Indian students depends on several factors, including the academic level you choose, the institution you attend, your chosen field of study, and your living preferences. On average, annual expenses can range from NZ$20,000 to NZ$30,000. Remember that investing in quality education is an investment in your future.

Is it easy to get PR in New Zealand for Indian students?

Obtaining a Permanent Residency (PR) in New Zealand is not a straightforward process, but it is possible through various pathways. Many international students opt for PR through skilled employment opportunities or by acquiring further qualifications. It requires dedication, planning, and understanding of the eligibility criteria for different PR categories.

Is Australia or New Zealand cheaper to study?

The cost of studying in Australia and New Zealand is relatively similar, but overall we can say that cost of studying in Australia is costlier than new zealand. It’s essential to consider factors like tuition fees, accommodation, living expenses, and potential part-time work opportunities to determine the best fit for your budget.

Is it cheaper to study in Canada or New Zealand?

Both Canada and New Zealand offer excellent education and comparable expenses. However, Canada generally has a higher cost of living than New Zealand. It’s vital to consider not only the financial aspect but also the quality of education and the cultural experience each country offers.

How can I afford to study in New Zealand?

Affording your study in New Zealand requires careful financial planning and exploring available resources. Scholarships, grants, bursaries, and part-time work opportunities can help you manage the costs. Additionally, consider setting up a budget, saving in advance, and researching potential education loans to ensure a smooth and successful journey towards your dream education.