What are the tuition fees and living cost requirements for studying in Australia and New Zealand, and what financial documents are needed for visa applications for a Master's?

For a master's in Australia or New Zealand, you’ll need to show proof of both tuition fees and living costs for your student visa. Financial documents must be recent, genuine, and clearly show accessible funds.

Australia:
- Tuition fees: AUD 22,000 - 50,000/year (varies by course/university)
- Living costs: AUD 29,710/year (minimum required)
- Other costs: AUD 2,500 (travel), AUD 500 - 1,000 (health insurance)
- Documents: Recent bank statements (3 - 6 months), education loan sanction letter (if applicable), scholarship letter (if any), proof of tuition payment, ITRs (recommended but not mandatory)

New Zealand:
- Tuition fees: NZD 28,000 - 55,000/year
- Living costs: NZD 20,000/year (or NZD 1,667/month for shorter courses)
- Other costs: NZD 500 - 1,000 (health insurance), airfare, visa fee
- Documents: Recent bank statements (3 months), fixed deposit certificates (if used), education loan/scholarship letters, ITRs (recommended), proof of return ticket or funds, sponsor’s financials (if sponsored)

Requirements and amounts are subject to change. Both countries require mandatory health insurance.

If you need help preparing these documents, connect with your LeapScholar counsellor.