Besides showing three months old funding, what other financial options do I have for visa eligibility in New Zealand?
You have several options to meet New Zealand student visa financial requirements beyond showing three-month-old funds:
- Education loan: A sanctioned loan from a recognized Indian bank, with supporting documents like the sanction letter and repayment details.
- Scholarship: An official scholarship award letter confirming the amount and duration.
- Fixed-term deposits: Certificates for deposits held at least three months.
- Sponsor: A New Zealand-based sponsor (family or friend) who provides financial documents and a sponsorship form, taking legal responsibility for your costs.
- Guarantor/Financial undertaking: A relative or close friend outside New Zealand can guarantee your funds with supporting financial documents.
- Funds Transfer Scheme (FTS): Transfer funds to a New Zealand account via the FTS, commonly used by Indian students.
All funds must be genuine, accessible, and verifiable.
Will you qualify for a NZ education loan?
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