Will I need to take a loan to fund my studies abroad in Ireland/New Zealand for a Master's?
Yes, you will likely need an education loan to fund your master's studies abroad.
Typical tuition fees are:
- Ireland: €10,000 - 25,000/year (₹9 - 22.5 lakh, subject to change)
- New Zealand: NZD 32,000 - 40,000/year (₹17.35 - 21.69 lakh, subject to change)
- USA: $62,820 total (₹46.5 lakh, subject to change)
Living expenses are additional. For example, in New Zealand, monthly costs are NZD 1,400 - 2,300 (₹76,000 - 1.25 lakh, subject to change).
With your B.Tech (AI), 7.0 CGPA, 2 years’ work experience, and a projected IELTS 7.0, you may be eligible for scholarships or assistantships, but these usually do not cover all expenses. Most Indian education loans cover up to ₹20 lakh, with interest rates of 9 - 14%/year and repayment starting 6 months after course completion.
If you want to discuss loan options or next steps, your LeapScholar counsellor can guide you.
What will studying in Ireland actually cost you?
Tuition, living costs and loan options in one clear plan you can show your parents.
More Cost & living questions
- What is the lowest undergraduate tuition fee I can expect to pay at a Canadian university for the 2026 academic year?
- How much would I pay in first-year tuition for the International MBA program at York University, Toronto?
- How much monthly rent should I expect to pay for accommodation in Austria as an international student?
- If I get an education loan, can I proceed with the application after the loan amount is clear?
- Is it better to spend 12 lakhs in India or go abroad for higher studies in Germany for a Master's?
- Does the agency provide end-to-end services including visa, loan guidance, and accommodation?
- Do I need to show living expenses in my bank account for visa purposes, and can I withdraw it after reaching Ireland?
- How do I get an education loan for an MBA abroad as an Indian student?
More Ireland questions
- Is it possible to study computer science with specialization in artificial intelligence in UK/New Zealand for a Master's?
- Can you add preferences for good digital marketing and performance marketing courses in New Zealand for a Master's?
- Can I call my husband on a dependent visa after I go on a student visa for my masters abroad in UK/Ireland?
- Can you tell me which colleges provide good scholarships, especially need-based rather than merit-based scholarships in Ireland/France for a Master's?
- Is it possible for my son, who is currently in twelfth grade, to study in New Zealand next year for a Diploma?
- Which country is more suitable for a Computer Science master's student who prioritizes lower costs and a strong job market, Germany or Ireland?
- After completing my studies, can I stay back in Ireland and apply for permanent residency for a Master's/Bachelor's?
- Will there be any problems if I do my studies offline abroad given the education structure is different from India in Ireland/Canada?