Why study in New Zealand

New Zealand has an excellent education system with internationally accredited qualifications. The quality of life in New Zealand is also matchless. This country’s education provides a strong foundation to students for getting long term success in life. The New Zealand Qualifications Authority (NZQA) also ensures that institutions are registered to enroll international students and comply with qualifications standards. The cost of studying in New Zealand is affordable & most importantly it is one of the safest countries in the world where students get a high quality education at low cost. The environment of New Zealand is also very pleasant and peaceful. Students get an opportunity to work in a technologically developed environment.

1. Tuition Fee:

   Tuition Fees in New Zealand ranges from NZ $15000 to NZ $25000 per year. The universities and colleges offer both degree and diploma programs to international students.

2. Living Expenses:

   Students need NZ $15,000 to pay their living costs for each year of study. This is the minimum amount they need to transfer to their Funds Transfer Scheme (FTS) account. Living costs do not include their course or tuition fees. This is a secure way for students from some countries to transfer funds to support themselves in New Zealand. The FTS, which is operated by the ANZ Bank of New Zealand (ANZ):

   • is one way to show that students have genuine access to money to support themselves while they are studying in New Zealand, and
   • helps them transfer their funds securely to New Zealand and then withdraw a set amount each month to maintain themselves comfortably while they are in New Zealand.

   Students can follow these steps to set up the FTS account:

   1. After you receive your AIP letter, contact the ANZ bank to apply for an FTS account and transfer your funds. You need to provide your AIP letter and a copy of your passport to the ANZ.
   2. After your funds have been transferred to your FTS account, the ANZ sends you an email confirming that they have received the money. The bank also contacts INZ directly to confirm the funds transfer.