Cost of studying in New Zealand

Cost of studying in New Zealand

Introduction

New Zealand is globally recognized for its exceptional education system, offering international students an opportunity to study in a high-quality academic environment. The country’s universities consistently rank among the world’s top institutions, providing cutting-edge programs and research opportunities across various fields. Moreover, New Zealand offers a unique, culturally diverse environment where students can learn alongside peers from around the world. The nation’s rich cultural heritage, combined with its reputation for political stability and a high standard of living, makes it a preferred destination for students seeking both academic excellence and a vibrant life experience.

However, while the benefits of studying in New Zealand are immense, understanding the costs involved is essential for international students. From tuition fees to living expenses, the financial commitment can vary based on factors such as course type, university, and city. This guide aims to provide a detailed breakdown of all associated costs, including scholarships and financial aid options that can help mitigate expenses.

At MSM Unify, we have helped more than 1,86,000 students navigate their study abroad journeys. With access to over 50,000 programs across 1,500+ campuses in 21 countries, we provide expert guidance to help you choose the best university to studying in New Zealand and program, ensuring your study abroad goals are met efficiently.

Key highlights

new zealand cost of studying.png

Tuition fees

The cost of tuition in New Zealand varies based on the course, institution, and level of study. Here’s a breakdown:

Program

Annual tuition fees (NZD)

Undergraduate Degree

NZD 20,000 – NZD 40,000 approximately 

Postgraduate Degree

NZD 26,000 – NZD 45,000 approximately 

PhD (Domestic rates for international students)

NZD 6,500 – NZD 9,000 approximately 

MBA

NZD 31,000 – NZD 50,000 approximately

Medicine (specialized fields)

35,000 – 75,000 approximately

Please note: Tuition fees vary significantly by field of study. For example, humanities degrees tend to be on the lower end, while specialized programs like medicine and engineering are costlier.

Living expenses

The cost of living in the country will depend on your location and lifestyle. Major cities like Auckland and Wellington are more expensive than smaller cities such as Dunedin and Hamilton. Here’s a general breakdown:

Expense

Average monthly cost (NZD)

Accommodation (shared)

NZD 800 – NZD 1,200 approximately

Food

NZD 300 – NZD 500 approximately 

Utilities (water, electricity)

NZD 100 – NZD 200 approximately 

Transport

NZD 100 – NZD 150 approximately

Entertainment

NZD 100 – NZD 200 approximately

Please note: Overall, students should budget NZD 15,000 to NZD 27,000 annually for living expenses. Universities like Auckland recommend setting aside around NZD 25,000 per year.

Also, note that the actual expenses will significantly depend on your lifestyle, requirements, and spending habits. 

Course-wise cost of education

Costs also vary considerably based on the specific course you choose to study. Below is a table to help you learn about the varying tuition fees for some popular study programs.

Field of study

Average annual fees (NZD))

Arts and Humanities

NZD 22,000 – NZD 28,000 approximately

Engineering

NZD 30,000 – NZD 45,000 approximately 

Medicine

NZD 35,000 – NZD 75,000 approximately

Business and Management

NZD 28,000 – NZD 40,000 approximately

Natural Sciences

NZD 26,000 – NZD 35,000 approximately

Please note: Medicine and specialized fields have higher costs compared to humanities and social sciences.

Pre-arrival costs

Before arriving in New Zealand, international students should account for several pre-arrival expenses as mentioned below:

Post-arrival costs

After arriving in New Zealand, students will incur these additional costs:

Cost of living in the best student cities of New Zealand

New Zealand’s cities vary in terms of living costs. Here’s a comparison of the most popular student cities:

City Annual living cost (NZD)
Auckland NZD 25,000 – NZD 35,000 approximately
Wellington 22,000 – 30,000 approximately 
Christchurch 20,000 – 27,000 approximately
Hamilton 18,000 – 24,000 approximately
Dunedin 15,000 – 21,000 approximately

Please note: Auckland and Wellington are more expensive, while Dunedin is one of the more affordable cities for students. Also, note that the actual expenses will significantly depend on your lifestyle, requirements, and spending habits.

Scholarships to study in New Zealand

Numerous scholarships to studying in New Zealand are available to help offset the costs of studying in New Zealand. Some notable ones include:

MSM Unify can assist you in finding and applying for scholarships to help ease the financial burden of studying in New Zealand.

Conclusion

New Zealand offers world-class education with a unique cultural experience, but understanding the costs is crucial for international students. Tuition fees, living expenses, and additional costs can add up, but scholarships and part-time work opportunities provide financial relief. MSM Unify Overseas Education Consultant is here to support your study abroad journey, offering personalized guidance and access to over 50,000 programs across 1,500+ campuses worldwide.

By partnering with MSM Unify, you can find the most suitable institution, navigate scholarships, and prepare financially for your academic journey. Let us help you turn your dream of studying in New Zealand into a reality.

new zealand ost of studying flag.png

Interested in studying abroad?

Share your details & our experts will call to discuss your goals

FAQs

Got questions?
Find answers here
Group 1000004588.png
Q. What is the typical cost of studying in New Zealand?

The cost varies based on the program but typically ranges from NZD 22,000 to NZD 45,000 annually.

On average, students spend between NZD 15,000 and NZD 27,000 per year on living expenses.

Yes, international students are allowed to work up to 20 hours a week during the semester and work full-time during holidays.

You need proof of admission, evidence of NZD 20,000 for living expenses, and health insurance to apply for a student visa.

Health insurance costs approximately between NZD 200 and NZD 700 per year

Accommodation costs range from NZD 800 to NZD 1,200 per month, depending on the type of housing and location.

Scholarships like the New Zealand International Doctoral Research Scholarships (NZIDRS), the University of Auckland International Student Excellence Scholarship, and the New Zealand Commonwealth Scholarships provide financial aid for tuition and living costs. MSM Unify can help you identify and apply for scholarships tailored to your needs.

The minimum cost of living for students is approximately NZD 15,000 annually, but it can go up to NZD 27,000 depending on the city and lifestyle.

International students pursuing PhD need to pay the same as domestic students, which typically range from approximately NZD 7,000 to NZD 9,000 each year.

Yes, international students can apply for a post-study work visa, which allows you to work in New Zealand after completing your degree. The duration of the visa depends on your qualifications.

Welcome to MSM Unify