Financial Requirements for New Zealand Study Visa for Indian Students

Financial Requirements for New Zealand Study Visa for Indian Students

To obtain a New Zealand study visa from India, an applicant needs to provide the evidence of financial support. According to financial requirements for New Zealand study visa for Indian students,  You must prove that you have sufficient funds available to study in New Zealand. Besides educational cost, you also need to show that you are able to meet your living expenses during your stay in New Zealand.

For New Zealand, not all evidence of funds is acceptable and you will need to provide documents that can show the money will be genuinely available to support your study. The evidence of funds may be in form of cash, travellers’ cheques, bank drafts, or a recognized credit card with enough credit.

Here are some of the ways through which you can prove that you have enough funds available to support your stay to study in New Zealand. Find below financial requirements for New Zealand study visa for Indian students :

  • An undertaking or sponsorship by another person to cover your accommodation and living expenses.
  • Original and photocopies of Bank Statements or fixed deposit statement of your parent or sponsor. The sponsor could include parents, guardians, or cousin.
  • Proof of relationship to the sponsor, if you are financially sponsored by another person.
  • An undertaking by a New Zealand sponsor to cover your accommodation and living costs.
  • Proof of liquid assets sufficient to pay for the entire first year of education and living expenses as well as proof of readily available funds to cover the expenses for remaining years.
  • Provide official documents, if you have taken an educational loan from a bank of any financial institution.
  • Any financial assistance available to you under aid programmes operated in New Zealand by a government agency.
Author: Mega Immigration
Mega Immigration and Study Visa Consultants Pvt. Ltd. is one of the best Study Abroad Immigration Consultants, we have the answers to all your questions related to studying abroad in USA, New Zealand, Canada, Australia, UK, Germany, Cyprus, Spain, France, Singapore, Ireland and Malaysia. With over thousand successful placements to top colleges and universities in abroad, Mega Immigration remains dedicated towards being a best one-stop solution for all those who wish to Study Abroad.

2 Comments

  • parmjot singh

    hello sir/ma’am
    i am Parmjot singh wish to apply visa file for new Zealand .i have done graduation in 2015 and got degree in 2016 due to supply, with(48%) marks.if i had a gap, i am doing job as a trainer of spoken English in Ielts center and getting salary in cheques.i have taken ielts exam as well with scoring overall 6.0 band not less than 5.5each.i have 19 lakhs in bank 6 months old.i am looking forward to take enroll in hotel management for one year diploma course..so could you tell me that am i eligible for getting new zealand visa,if yes then when should i start my procedure for june intake

  • Jinu

    how much fund required for studying in new Zealand

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