You need to provide a corresponding deposit to study in New Zealand. What are the forms of the deposit for studying in New Zealand?

Do I need a guarantee to study in New Zealand? Financial guarantee for studying abroad is used to judge whether international students have enough financial ability to complete their studies. New Zealand has world-class educational facilities, resources and teachers. Students who want to study in New Zealand need to provide corresponding deposit.

Do I need a guarantee to study in New Zealand?

Immigration New Zealand requires that when applying for a student visa, applicants need to provide proof of deposit to support their study and living expenses in New Zealand. The amount of guarantee for studying in New Zealand is based on the current average level of tuition and living expenses in the country, which is used to judge whether international students have enough economic ability to complete their studies. Because there are some differences in price and consumer index in different countries, the amount of economic security for studying abroad is different.

The amount of study abroad guarantee in New Zealand is 15, RMB per year. If the applicant plans to study in New Zealand for three years, in principle, he needs to prepare a study fee of 45, yuan.

amount of study abroad guarantee in New Zealand

How much is the study abroad guarantee in New Zealand? The amount of guarantee is calculated according to the duration of the course and 15, yuan per year. For example, if a student wants to take a 2-year MPA course at Victoria University, the guarantee fund needs to be prepared at 3, yuan; If a student wants to go to the University of Auckland for a one-year preparatory course plus a three-year undergraduate course, then we don't need to provide 6, yuan, but generally we can provide a guarantee of 45, yuan for the first three years.

New Zealand study abroad guarantee form

1. Bank deposit. All major banks in China can apply for deposit certificates for studying in New Zealand. The deposit required when applying for a visa has been more than 6 months. A certificate of deposit simply means that the deposit is frozen for a certain period of time, usually three months, and a certificate is issued by the bank. To use a bank deposit certificate as a deposit for studying abroad, you need to submit the following two documents: a bank deposit certificate; A certificate of deposit or passbook with a maturity of more than 6 months corresponding to the certificate of deposit.

2. Special account for studying in New Zealand. The purpose of launching a special account for studying in New Zealand is to facilitate China citizens who have studied in New Zealand for more than 12 months to apply for student visas. How does the special account for studying in New Zealand work? Student applicants deposit their study fees in a special account in China.

If the application is approved, part of the study abroad funds under this account will be remitted to the educational institutions in New Zealand as tuition fees and part as living expenses to a bank in New Zealand. Banks in New Zealand manage this account by lending a fixed amount of money every month so that students can pay for living in New Zealand.

The advantages of the new scheme are as follows: 1) Parents are allowed to supervise their children's use of funds in New Zealand; 2) It is more economical than the existing loan for studying abroad; 3) It is easier than the existing way to prove economic strength-a series of materials need to be submitted at present; 4) Help visa officers to assess students' financial ability to pay for studying in New Zealand more easily in their applications. Usually, students must submit a series of materials to prove their financial ability, and visa officers will carefully evaluate and verify the submitted materials.

That's the introduction of studying in New Zealand. I hope it helps you.