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To know the cost of studying in New Zealand, you must research the subject you opt for and the institution. The aggregate educational cost may vary from university to university. The fee structure of NZ universities is much more reasonable for domestic students than for international ones. But in general, here are the usual costs of New Zealand universities.
| Degree Levels | Tuition Fees |
|---|---|
| Undergraduate degree | $20,500 - $25,000 annually |
| Post-Graduation degree | $19,000 - $29,000 annually |
| Doctoral degree | $6,500 - $9,000 annually |
| MBA | $31,000 - $50, 000 annually |
Besides tuition fees, understanding the cost of living in New Zealand is also important. Living expenses are divided into various brackets like accommodation, food, transportation, healthcare, insurance, etc. Let's take a look at the table below for average living expenditure.
Cost of living for international students in New Zealand is 20000/- New Zealand dollars for the whole year.
| Type | Expense (in NZD) |
|---|---|
| Transportation | NZD 10-NZD 12 (for 5 km) |
| Rent | NZD 800-NZD 950 per month |
| Groceries | NZD 200-NZD 500 per week |
| Visiting a doctor | NZD 45-NZD 85 |
| Milk | NZD 3 per litre |
| Food | NZD 15 - NZD 20 |
| Telecommunications | NZD 19 |
| Utilities | NZD 200 per week |
To sum up, when you plan to study in New Zealand , you must do so with an understanding of the educational and living expenses there. International students should research these factors based on their chosen course and university. After knowing the total costs, they will be able to efficiently manage their funds. Despite the cost, experiencing welcoming culture and benefits such as financial aid makes New Zealand a perfect study destination.
Accommodation costs may vary depending on the accommodation type, like a shared apartment, flat, studio, dorm, etc. You can expect housing costs to range from 150 NZD to 500 NZD per month.
International students on a student visa can stay in New Zealand for up to 4 years. Depending on the applicant's course of study and the length of the study period, the applicant's stay will vary.
Part-time jobs can help you manage your living expenses, get new experiences, and meet new people. During the academic year, international students studying in New Zealand may work up to 20 hours a week while studying, and during the holiday period, up to 40 hours.
Textbooks and material costs may vary depending on the type of subject you opt for. You can expect up to NZD 500 to NZD 1000 per year on average.
New Zealand is the safest country among all of them. Even the Global Peace Index ranks it the 2nd most peaceful country in the world. In addition to the lowest crime rate and high-quality lifestyle, New Zealand has gained recognition for being warm and welcoming towards international students.
