Cost of Studying in New Zealand

You must choose an efficient budget plan to save on your expenses while staying and studying in New Zealand. Before you depart for New Zealand, make sure to accommodate yourself with sufficient money to bear up with the expenses, including accommodation, food, travel, health coverage, and tuition fees for the upcoming terms.
The tuition fees depend on the type of your level of studying and the tenure of the program. The fee structure will vary according to the colleges and universities. The approximate expenditure on tuition fees may cost approximately NZ$ 22,000 and NZ$35,000 a year.
The tuition fees for humanities, arts, and education courses are lower than medicine and engineering courses, which are more expensive. The tuition fees at the postgraduate level are considerably higher than at the graduate level. Moreover, MBA programs are the most costly, and the approximate tuition fee is NZ$31,000-50,000.
Here is a list of the programs and the approximate tuition fees for these programs

• • Undergraduate degree- NZ$20,500 - $25,000 per year
  • Master's degree- NZ$19,000 - $29,000 per year
  • Doctoral degree- NZ$6,500 - $9,000 per year
  • MBA- NZ$31,000 - $50, 000 per year

  Accommodation cost is also to consider if you choose to complete your higher education at universities or colleges in New Zealand. On-campus residence or Hall of residence provided by the universities is the most affordable option. The cost of staying in the halls of residence varies according to the type of accommodation and your city of living. However, the approximate cost may be NZD 215-NZD 555 per week. You can choose a fully-catered or self-catered hall of residence per your budget and requirement.
  
  Off-campus accommodation is also available. You can choose to live with other students in an apartment or a home or choose a homestay with a local family. However, you must adjust yourself to living in a different culture and adoptive enough to all situations. Living in shared apartments or flats may cost NZ$100-120. However, the recent may vary according to your city living.
  
  YMCA also provides youth hostels for students and working professionals, and you can also choose to live temporarily in such hostels. You must also need a valid student visa to study in New Zealand. The approximate cost for a student visa may cost NZ$ 270-300. Moreover, several other expenses may cost you NZ$ 13,000 and NZ$ 16,000 per year.
  
  It is mandatory for all Indian students traveling to New Zealand to have medical insurance before getting admission to the program. Some colleges and universities provide initiative health insurance plans for international students. However, this medical insurance plan expires with the closure of your course. You can choose medical insurance that may cost approximately NZ$ 200 – NZ$ 700 a year.