New Zealand is one of the most popular study-abroad locations for international students seeking a higher degree. In fact, according to statistics from 2021, more than 100,000 students are enrolled in New Zealand universities to pursue higher education. But the bigger question is, is it really affordable to go studying abroad in New Zealand?
This is why international students should have a rough idea of the costs associated with their stay there. Hence, let's get down to business: how much does it actually cost to attend school in New Zealand, and is it a reasonable place for overseas students to live?
Here's the truth -
Cost of living checklist
The cost of living is the amount of money required to pay for your regular, essential expenses. For a single individual, the average cost of living in New Zealand is £670.05, which is 7.61% higher than in the UK.
However, depending on your lifestyle and preferred abroad accommodations, you'll require a different amount of money to study abroad in New Zealand.
For instance, you'll need to budget for increased living expenses if you want to live on campus in an en-suite room and go out every night of the week.
Regardless of your way of life, the following fundamental factors must be taken into account when determining whether you can afford the cost of living in New Zealand:
Housing
Food
Healthcare
Miscellaneous
Funding your studies in New Zealand
How to pay for your education is one of the most frequently asked questions when it comes to the cost of living in New Zealand for international students.
Fortunately, there are many different scholarship possibilities available to help you pay for your studies abroad, so be sure to check your university website to see if you qualify.
It's always worth emailing or calling the university to see if there's anything they can do, even if you can't find anything advertised online. If you don't ask, you won't find out!
The ability to work part-time while on a student visa, which is not permitted in many other nations, is another significant benefit of studying in New Zealand. As a result, you will have the option to make some extra spending money if necessary.
Moreover, it makes sense to start climbing the corporate ladder early because overseas students who choose to study in New Zealand are permitted to stay and work at any employment there for up to a full year after graduation or up to two years if your job is closely related to your degree.
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Affordable universities in New Zealand
Depending on the city you choose, the cost of living for students in New Zealand will vary. Now, if the value for money is what you want, read the below part as well.
With lower average tuition costs and more inexpensive housing alternatives, the University of Waikato in Hamilton and the University of Canterbury in Christchurch are two of the most affordable universities for overseas students.
In general, Christchurch, Dunedin, and Hamilton offer the cheapest living conditions, whereas larger cities like Auckland, Wellington, and Queenstown will all need a larger financial commitment.
Migration Opportunities
You will be categorised as a domestic student in New Zealand as an international student and be able to enrol in primary and secondary schools there at the same discounted rate as local students.
After completing your tertiary degree, you can apply to Immigration New Zealand for a 12-month Post-Study Work Visa, which will enable you to look for a job. You can then apply for a two-year Post-study work visa if you successfully land a position suitable for your skills and experience.
Health Support & Insurance for Students Studying in New Zealand
All students arriving in New Zealand prior to the beginning of their academic session must have medical insurance. International students now have access to comprehensive health insurance coverage at a number of New Zealand's colleges and universities, but this coverage is only valid while your programme is still in effect and expires once it is.
You will need to make arrangements for private medical insurance because certain universities might not provide coverage (your IDP counsellor will guide you with the same).
In fact, the typical annual cost of medical insurance is between NZ$200 and NZ$700 (indicative). In New Zealand, a wide range of health and support services are available to all Indian students.
Transportation while studying in New Zealand
In the absence of a shuttle service from your institution to and from your accommodations, you will need to rely on public transit.
During Short Distance Travel
There are local buses, railroads, and subways available. Because they can be cheaply priced, monthly passes (like Auckland's HOP Card) are a great option for travelling to and from college.
For Short Distances
For lengthy distances, you can travel between cities by taking buses that cover a lot of ground, or water taxis, rail, air, and ferries.
Final Words,
The cost of studying abroad may be high. However, managing your funds can be simple if you know how to handle your expenses. Consider expenses like housing, food, medical care, and travel when calculating the expected cost of studying in New Zealand, in addition to your tuition. When you prepare your funds early this way, nothing will feel expensive, and you can have a great career! |
