Is the six months old funding requirement for New Zealand visa acceptable if shown through parents' salary account or collateral education loan?
Yes, New Zealand accepts proof of funds from parents' salary accounts and collateral education loans for student visa applications, as long as the funds are clearly documented and verifiable.
- Parents' salary account: Provide recent bank statements (typically last 3-6 months), along with proof of income like payslips and income tax returns, to show the funds are genuine and regularly sourced.
- Collateral education loan: Submit the official loan sanction letter from a recognized bank, including details of the loan amount, collateral, and repayment terms.
Large or recent deposits may require additional explanation with supporting documents. All financial evidence must be transparent and traceable to be accepted. For detailed guidance on document preparation, connect with your LeapScholar counsellor.
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