Money Matters

Finding money is easy. Some options are: rob a bank, snatch jewelry from old women or become a cricket player for India with more ads than runs!! Just kidding guys, read on.

Money, money money!! Isn’t it strange how life seems to revolve around this little word? But yes, you will need some money to go to New Zealand or any other country. But not a whole lot really. You would have heard stories about how you need to show 30 – 40 lakhs to get a student visa. That’s all bull@%*#!

To study in New Zealand you only need the following:

For 1 year course – Approximate fees of Rs.6 - 7 lakhs + living expenses of Rs.3.5 - 4 lakhs = Rs.10 - 11 lakhs = VISA!

For 2 years course – simply double the above equation and account for 80% of it.

Now the big question is where to get the required money from? We always encourage students to be honest when it comes to money matters. If your family does not have the required funds, there are many ways to raise the funds required for study in New Zealand. Some of them are:

Educational Loans: Many banks now offer education loans liberally for overseas study. If you have a property that can be pledged as a security, the chances of a getting an education loan are very high. We have tie-ups with some banks and we can certainly help you in this.

Sponsorship: Sponsors for study can include family members and friends. We had a significant success rate showing funds from them. So funds can be shown in a legitimate manner from various sources. Don’t get conned by some ‘consultants’ who will scare you and say you have to show 30 – 40 lakhs and will then help you ‘manage’ the funds by taking 10%. Bloody thieves! Discuss with us and we will show you clearly how you can raise the funds in a proper and genuine manner.

So go ahead and plan your money matters well to ‘Study & Settle in New Zealand’.

Cost of Living in NZ

The cost of living in New Zealand is similar to Australia and the table below gives an idea of the costs of some well known items. Many shops and services in New Zealand offer a student discount and some institutions offer student cards that entitles their students to discounts on and off campus.

Internet Access (cafe): NZ$4.00/hour

Internet Access (home connection): NZ$40/month

Movies at the cinema: NZ$13.00

A cup of coffee at a café: NZ$4.00

New Zealand Cost of Living Affordability

A 1.25 litre bottle of coke: NZ$1.80

Big Mac at Mcdonalds: NZ$4.90

Eggs (12 of): NZ$3.50

Rice 1 kg: NZ$1.60

Litre of Milk: NZ$1.80

Haircut: NZ$12.00-$30.00

Local Newspaper: NZ$1.00

Local Bus Fare (one-way): NZ$2.00-4.00

Motorcar (second-hand): NZ$1,000-$5,000

Shops in New Zealand are open from Monday through to Saturday with a large number also open on Sundays. Shopping hours are from 9am to 5.30pm with a “late night” shopping nights twice a week, where shops may be open till 9pm. 

Please Note: As well as the tuition fees, all StudyPlus students are required to budget for NZ$15,000 per annum for their general living expenses.

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