As part of your student visa application, you must provide evidence that you can cover your living expenses while studying in New Zealand. If you’re studying in New Zealand on a scholarship or a sponsor/family member has agreed to accept financial responsibility for you while you’re here, you may not be required to show proof of funds.
If you will be studying in New Zealand for more than one year, you‘ll need to prove that you have at least $15,000 to support yourself for the first year. If you’re studying for less than a year, you must have at least $1250 for each month of study to contribute to your living expenses.
Living costs will depend on your lifestyle and which part of the country you live in. Some costs vary by region. For example, you may need to travel more in the main centres, and transport costs may be more expensive than in your home country.
As an example of how much to budget for, Victoria University recommends that students allow between $18,000-$27,000 each year, the University of Auckland recommends $20,000-$25,000, the University of Otago recommends $15,000-$17,000 and Massey University recommends $15,000-$18,000.
You may be able to offset some of your costs by working. Most student visas enable you to work up to 20 hours per week, or full-time in the holidays.