Cost of Studying in New Zealand

University course fees and cost of living in New Zealand

Renowned for its internationally reputed exceptional universities and institutions, New Zealand offers a plethora of high-quality academic programmes. Its multicultural society, vibrant cities, awe-inspiring landscapes, and welcoming environment all contribute to the allure of studying in New Zealand. Moreover, students benefit from abundant opportunities for research, innovation, and career advancement across diverse fields. New Zealand's unwavering commitment to academic excellence and its dedication to fostering the success of international students have firmly established it as a preferred choice for those seeking a global education experience.

Studying abroad, including in New Zealand, can be a rewarding experience, but it's essential to plan your finances carefully to ensure a comfortable lifestyle during your studies.

Student Expenses in New Zealand

International tuition fees in New Zealand

Tuition fees for undergraduate degrees typically range between NZD 25,000 and NZD 45,000 per year. However, programmes like medicine and veterinary science may have higher fees.

For postgraduate degrees, the fees generally range from approximately NZD 20,000 to NZD 37,000. PhD programme cost for international students is usually between NZD 6,500 and NZD 9,000 per year across most subjects. It's important to note that PhD programme costs are the same for both domestic and international students.

In addition to tuition fees, universities may also charge administration and student services fees. The specific amount can vary among institutions. For example, the University of Auckland charges NZD 1,005.60, but other universities may have different fees.

Cost of living

As per information provided by New Zealand universities, the estimated cost of living varies across different locations within the country. For the South Island, it is advised to allocate a budget ranging from NZD 15,000 to NZD 20,000 per academic year. Conversely, for the North Island, the recommended budget falls within the range of NZD 18,000 to NZD 25,000 per academic year.

These estimates encompass various aspects of living expenses, such as accommodation, food, transportation, personal expenses, and miscellaneous costs. It is worth noting that individual lifestyles and spending habits can significantly influence the actual amount spent.

Accommodation

Student residence halls are conveniently located near universities, with costs ranging from NZD 100 to NZD 700 per week. Prices depend on factors like location, room type, and amenities provided. Homestays involve living with a local host family, providing a chance to experience the local culture. A room in a homestay typically costs between NZD 100 and NZD 370 per week, varying based on location, services, and meal options.

Flats, independent apartments or houses are also popular. Weekly rent for flats in New Zealand ranges from NZD 200 to NZD 600, depending on location, size, and quality. Rental costs vary significantly across the country, such as in Auckland, where a three to four-bedroom house can cost NZD 565 to NZD 640 per week.

Lifestyle and Other Costs

Study Visa

To study full-time in New Zealand, you are required to apply for Fee Paying Student Visa. This visa allows you to enrol with an approved education provider and pay the complete cost of your courses. Here are some key details regarding this visa:

• Length of Stay: The visa permits you to stay in New Zealand for a maximum duration of up to 4 years.

• Cost: The application fee for this visa starts at NZD 375. Additional expenses, such as tuition fees and living costs, will be separate and should be considered when planning your studies in New Zealand.

• Processing Time: The processing time for this visa is relatively efficient, with 90% of applications being processed within 67 days. It's important to apply well in advance to ensure timely processing. 

The Fee Paying Student Visa allows individuals to pursue full-time studies at specified educational institutions, including schools, colleges, universities, and language programmes. Compliance with visa regulations requires attendance at the endorsed place of study. Moreover, the visa permits part-time employment of up to 20 hours per week during academic terms and full-time employment during holidays, subject to the conditions specified in the visa.

Financial Support in New Zealand

Funding options for international students in New Zealand present a wealth of opportunities to support their educational endeavours. Scholarships, part-time work, student loans, personal savings, family assistance, and university-specific grants offer avenues for financial assistance. Distinguished scholarships like the New Zealand Excellence Awards, the New Zealand International Doctoral Research Scholarship, and the New Zealand Development Scholarships are attainable based on academic brilliance, potential, and developmental contributions. 

Moreover, students can work part-time for up to 20 hours per week during the academic year, with the flexibility to work full-time during holidays. Institutions actively aid students in finding part-time employment through dedicated job portals.

Study in New Zealand

If you have any questions about the above and how to fund your studies in New Zealand, arrange a free consultation with SI-New Zealand today. Don't forget our scholarship search can also help you find funding to support your stay.