In comparison to other western countries studying in New Zealand is affordable. The students should consider expenses like accommodation, food, health coverage and travelling along with the tuition fees while calculating the estimated cost of studying in New Zealand.
The expenditure on tuition fees varies according to the type of qualification and university. Between NZ$ 22,000 and NZ$ 35,000 per year (approximately) is needed to cover up the tuition fees.
Medicine and engineering courses are likely to be expensive in comparison to the courses like humanities, education and arts. Likewise, postgraduate courses tuition fees are higher and the costs vary depending on the program.
The cost of living varies according to lifestyle an individual want to live. But the students need to keep on track of their expenditures so that they do not over spend. Likewise, considering various expenses a single student budget in New Zealand comes between approximately NZ$ 20,000 TO NZ$ 25,000.
New Zealand has made it compulsory for all the international students to get a medical insurance before starting their program. Various New Zealand universities and schools has started a comprehensive health insurance plans for international students. This is applicable as long as the program is ongoing and ends upon completion.
Likewise, there are some college that do not offer any insurance policies, and in that case students have arrange for private medical insurance. The average cost for medical insurance ranges between NZ$ 200- NZ$ 700 a year (approx.).
The first step to study in New Zealand is to secure a valid study permit which costs approx.NZ$ 270.
There are various Universities in New Zealand that offer on-campus residence to international students. If a student want to live on-campus then they need to apply for it separately. Living on-campus is a very affordable option for a student.
Likewise, you can also rent an apartment which will be a bit costly in comparison to on-campus residence as an individual has to pay their utility bills like electricity, internet, water usage and also tenant’s insurance.
There are facilities of public transports in all the cities and major towns of the country. An individual can take regional trains, buses and subways to reach their required destination. The students can take monthly passes for travelling to universities which can be comparatively cheap. Likewise, if the college has the facility of shuttle service then the student can use it and have problem while traveling to the college.