Education Cost?
Studying abroad can be an expensive affair. However, an efficient budget plan can help you manage your living expenses more effectively. Before you depart from India, ensure that you consider expenses like accommodation, food, health coverage and travel along with your tuition fee when calculating the estimated cost of studying in New Zealand.
1. Tuition fee is your prime expenditure
Your expenditure on the tuition fee depends on the type of qualification and university or school you opt for. There are many high-ranking universities and colleges in New Zealand with their own fee structures. To cover tuition fees, you will need between NZ$ 22,000 and NZ$35,000 a year (indicative).
Most commonly humanities, education and arts courses are cheaper, while subjects such as medicine and engineering are likely to be more expensive. If you wish to study at postgraduate level, the tuition fees are typically higher and the costs vary depending on the program. As with most other countries, MBA programs are often the most expensive. The average cost for these programs is around NZ$ 40,000 (indicative).
|
S.No. |
Study Program |
Cost (in NZ$)* |
|
1 |
Undergraduate degree |
$20,500 - $25,000 annually |
|
2 |
Postgraduate diploma and degree |
$19,000 - $29,000 annually |
|
3 |
MBA |
$31,000 - $50, 000 annually |
|
4 |
PhD |
$6,500 - $9,000 annually |