Is it possible to extend my education budget by an additional five lakhs if needed in New Zealand?
Yes, you can typically extend your education budget by an additional ₹5 lakh through several options.
- Education loans: Indian banks often offer loans up to ₹20 - 25 lakh for overseas studies, sometimes more. You’ll need admission to a recognized institution, a co-applicant with stable income, and possibly collateral.
- Scholarships: Many New Zealand universities and the New Zealand government offer scholarships for international students. These can help reduce your expenses if you meet the eligibility criteria.
- Part-time work: As a full-time student in New Zealand, you can usually work up to 25 hours/week during term and full-time during breaks, which can supplement your budget.
Loan terms, scholarship availability, and work rights are subject to change. If you need detailed guidance, please connect with your LeapScholar counsellor.
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