Could it be covered by a loan for the University of Auckland budget requirement in New Zealand?

Yes, you can use an education loan from India to cover both tuition fees and living expenses for the University of Auckland, as required for a New Zealand student visa.

Indian banks typically offer loans that include:
- Full tuition fees (amount varies by program; for example, Bachelor of Arts is NZ$42,236.40/year, Bachelor of Engineering (Honours) is NZ$60,909.60/year for 2027 entry)
- Living expenses (including accommodation, health insurance, and other costs; accommodation is estimated at NZ$7,000 - 10,000/semester, health insurance at NZ$899/year)
- Student Services Fee (about NZ$1,108.80/year)

The loan amount and terms depend on your eligibility and the bank’s policies, which are subject to change.

To ensure your loan meets visa requirements, your sanction letter should clearly state it covers both tuition and living expenses as per the university's guidelines. Consult your LeapScholar counsellor for guidance on loan documentation.