If I take a loan and have all the money in hand, will that be acceptable for visa purposes in New Zealand?
23 Jun 2026 · Answered by Swathi Boppana · 1 min read
Yes, having an education loan and the funds available in your account is acceptable for a New Zealand student visa.
You must provide:
- Loan sanction letter: Issued by your bank, showing the loan amount, security, interest rate, and repayment schedule.
- Repayment plan: A clear outline of how you will repay the loan after your studies.
The funds must be genuinely available to you while in New Zealand - not tied up in non-liquid assets. These requirements are subject to change by Immigration New Zealand.
If you need help preparing your financial documents, contact your LeapScholar counsellor.
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