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Do I need to have specific funds ready to invest for my study abroad plan in New Zealand for a Master's?

24 Aug 2026 · Answered by Shairal Pathak · 1 min read
Shairal Pathak
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Yes, you must show proof of specific funds to study in New Zealand. Immigration New Zealand requires evidence that you can cover tuition, living expenses, and travel costs for your student visa.

- Tuition fees: NZD 28,000 - 55,000/year (varies by program and university)
- Living expenses: NZD 20,000/year
- Travel costs: NZD 2,000 or a paid return ticket

For a one-year master's, the total is typically NZD 50,000 (tuition + living + travel).

Funds must be genuine, accessible, and verifiable - usually via bank statements, education loan letters, or sponsor documents from immediate family. These requirements are subject to change.

Cash income, business income or no ITR?

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