• New Zealand
Cost of Living for International Students in New Zealand
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New Zealand emerges as a prime preference for Indian students due to its abundant opportunities for personal and professional advancement. This blog sheds light the cost of living in New Zealand for international students. Explore the reasons why New Zealand stands as a cost-effective option for those seeking higher education opportunities abroad.
New Zealand stands out as a leading destination for international students aspiring to pursue higher education abroad. The country is ranked as one of the best countries to live in. The cost of living in New Zealand is one of the standout advantages of studying in the country.
Why Choose New Zealand as a Study Abroad Destination?
Education System in New Zealand
Certificate | New Zealand Certificate qualifications may be approved at several levels. All certificates must comprise at least 40 credits. Certificate qualifications are delivered at levels 1-5. |
Diploma | New Zealand Diploma qualifications may be approved at levels 5-7. They must be at least 120 credits. New Zealand Diploma qualifications are delivered at levels 5 and 6, both one and two-year diplomas. |
Degree | The degree gives a systematic and coherent introduction to a body of knowledge of a recognized major subject. It requires a minimum of 360 credits from levels 5 to 7 and gives eligibility to enroll in a postgraduate qualification in New Zealand. |
Graduate Certificate | It broadens or deepens skills learnt in an undergraduate degree in New Zealand and requires a minimum of 60 credits, with a minimum of 40 at level 7 or above. |
Graduate Diploma | It expands expertise and skills in a known subject or discipline, or cultivates abilities in a novel area. A minimum of 120 credits is mandatory, with at least 72 credits at level 7 or higher. |
Bachelor Honors Degree | It may be either a 480-credit degree or a discrete, 120-credit degree following a bachelor’s degree. It requires a minimum of 120 credits at level 8, with a research component that represents at least 30 credits at that level. |
Postgraduate Certificate | Available to students holding a Bachelor's degree, Graduate Certificate, or Graduate Diploma in a pertinent subject, this program necessitates a minimum of 60 credits at level 8. It serves as a foundation for subsequent postgraduate studies. |
Postgraduate Diploma | It is open to those who have completed all requirements of the relevant Bachelor’s Degree, Graduate Certificate or Graduate Diploma. It may make one eligible to enroll in a Master’s Degree in New Zealand and requires a minimum of 120 credits from levels 7 and above, with a minimum of 72 credits from level 8. |
Master's Degree | It has a minimum entry requirement of a Bachelor’s Degree or equivalent. It must include at least 40 credits at level 9, with the remainder at level 8. It may give one eligibility to apply for admission to a program of advanced study. |
Factors Affecting the Cost of Living in New Zealand
Location | The cost of living varies significantly depending on location. Major cities like Auckland and Wellington are more expensive than smaller towns and rural areas. |
Lifestyle | The lifestyle one adopts significantly impacts the cost of living in New Zealand. Personal choices regarding travel, socializing, and leisure pursuits play a pivotal role in determining the overall cost of living in this captivating destination. |
Rising inflation | The inflationary trend in New Zealand has witnessed an increase in recent years, propelled by various factors. Consequently, prices for goods and services, encompassing essentials such as food, housing, and transportation, have experienced a notable upsurge. |
Climate change | Climate change is having a significant impact on New Zealand, with more extreme weather events becoming more common. This is leading to higher costs for things like insurance and disaster recovery. |
Average Cost of Living in New Zealand for Indian Students
Expenses | Average Cost |
Accommodation | NZD 200-400 per week |
Groceries | NZD 100–150 per week |
Entertainment | NZD 50-60 per week |
Transportation | NZD 10-20 |
Personal Expense | NZD 100-200 |
Tips to Reduce Cost of Living in New Zealand
Below are the tips that can help an international student reduce the cost of living in New Zealand :Housing Strategy | Collaborate on renting apartments or homestays, and consider more economical off-campus choices. |
Budget-Friendly Food Enthusiast | Forego takeout, prepare meals at home, and organize food plan ahead of time. |
Smart Travel | Opt for buses and trains, or walk/bike for short distances. |
Financial Management Expert | Monitor expenditures, prioritize essential needs, and opt for a cost-effective health plan. |
Cost Cutting | Cut costs by pooling resources for groceries, rides, and enjoyable activities with fellow students. |
Education Expenses in New Zealand
Conclusion
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