To apply for an undergraduate course in New Zealand, you need to provide a certain amount of deposit. What are the forms of deposit for studying abroad?

to apply for a New Zealand undergraduate course, you need to provide a certain amount of deposit. What are the forms of deposit for studying abroad?

form of deposit for studying in New Zealand

How is the deposit reflected? Real estate cannot be used as a deposit. Deposits can only be deposited in the bank in cash, which can be current and time deposits. And stocks, real estate, wealth management, etc. It can only be used as a deposit after liquidation or as an auxiliary guarantee. The deposit can be in the name of the student or guarantor.

deposit period for studying abroad in New Zealand

1. You don't need to explain the source of funds if you deposit for more than 6 months.

2. If the deposit is less than 6 months, you need to explain the source: for example, after the house is sold, the money is transferred to the deposit; Or after the stock is sold, it is transferred to the margin; Or what wealth management products were bought before, and now they are transferred out, and so on. As long as you can explain the source of funds, you don't have to deposit it for six months. It is undoubtedly good news for parents with strong investment and financial management concepts.

3. If your deposit can't meet the 6-month deposit period and you can't explain the source of funds, then I suggest you apply for a special account for New Zealand students, which can also be used as a deposit. However, special funds can only be used as expenses for studying abroad and cannot be used for other purposes.

4. New Zealand applicant: It is relatively easy to apply for universities in New Zealand. Applicants only need to provide proof of tuition fees and living expenses of NZD 15, for the current year. For example, classmate B, when the tuition fee was NZ $2,, plus the living expenses of NZ $15,, needed a guarantee of NZ $35, (about RMB 175,).

New Zealand special account for international students

1. According to the new policy, the capital requirement of the special account for international students is NZ $15, per year. Of course, if you think 15, yuan is not enough, you can also choose to put more money in this account.

2. If students study in New Zealand for more than one year, there is no need to transfer all the living expenses during the study period to the special account for international students. Because the custody period of the special account for international students under the New Deal is only one year, the living expenses after one year can be remitted normally.

3. Although students only need to provide at least NZ $15, a year for remittance when they apply for a special account for international students, the Immigration Bureau will still check students' financial ability according to their study plan to ensure that students have stable and sufficient living expenses during their study. In other words, in addition to the special account for international students, the Immigration Bureau will also check other financial materials.