New Zealand is one of the world’s fastest-growing study destinations, known for research excellence, innovative teaching, and globally ranked universities. With diverse programs in engineering, business, biotechnology, agriculture, hospitality, and aviation, New Zealand offers unmatched academic quality and a safe, multicultural environment.
Planning to study here? A well-structured financial plan is key. With PayStudy, you can access a low-interest overseas education loan, choose from secured & no collateral education loans for abroad studies, and enjoy fast approval overseas education loan options, all on a seamless digital education loan platform.
Whether you're looking for a student loan for New Zealand, financing for top overseas colleges, or a student loan for studying abroad, PayStudy is your trusted education loan partner.
| Program Type | Average Annual Tuition |
|---|---|
| Undergraduate | NZD 22,000 – NZD 32,000 |
| Master’s | NZD 26,000 – NZD 37,000 |
| PhD | NZD 6,000 – NZD 9,000 (with funding options) |
New Zealand offers some of the most competitive research-based PhD fees globally, making it an attractive destination for higher studies supported by the right education loan for international universities.
| University | QS Ranking 2023 |
|---|---|
| University of Auckland | 87 |
| University of Otago | 217 |
| Victoria University of Wellington | 275 |
| University of Canterbury | 284 |
| Massey University | 292 |
Get the best-fit education loan for top overseas colleges in New Zealand with PayStudy’s lender comparison and expert help.
Average cost for international students: ~NZD 1,500/month
| Expense | Monthly Cost |
|---|---|
| Accommodation | NZD 800 – NZD 1,000 |
| Food | NZD 100 – NZD 150 |
| Travel | NZD 100 – NZD 150 |
| Utilities | NZD 200 – NZD 250 |
Studying abroad requires smart financial planning. Students often ask, “Can international students get student loans in New Zealand?” Yes, with PayStudy, you can secure the right student loan for New Zealand from Indian banks & global lenders.
Two major loan types:
Collateral can be property or liquid assets. Public banks are preferred for long tenures & low-interest overseas education loan benefits.
| Feature | SBI | UBI | BOB |
|---|---|---|---|
| Loan Amount | Up to ₹1.5 Cr | Up to ₹2 Cr | ₹1.5 Cr |
| Interest Rate | 10.65% – 11.15% | 9.8% – 10.15% | 10.14% – 11.15% |
| Margin Money | 10–15% | 10–15% | Nil |
| Repayment Tenure | Up to 15 Years | Up to 15 Years | Up to 15 Years |
| Processing Fee | ₹10,000 + GST | ₹5,000 | ₹10,000 + GST |
Ideal for students with strong academics, admission to reputed universities, but no collateral.
| Feature | Private Banks (ICICI, Axis, IDFC First) | NBFCs (HDFC Credila, InCred) |
|---|---|---|
| Loan Amount | Up to ₹40 Lakhs | Up to ₹30 Lakhs |
| Interest Rate | 11.15% – 13% | 12.5% – 14% |
| Margin Money | Nil | Nil |
| Tenure | 10–15 years | Up to 15 years |
| Tax Benefits | Available | Not available (except Credila) |
| Lender Type | Moratorium Period Policy |
|---|---|
| Public Banks | Nil / Simple Interest |
| Private Banks | Nil / Simple / Partial EMI |
| NBFCs | Simple / Partial EMI |
Students can work 20 hours/week during studies & full-time during breaks, helping manage expenses & future repayment planning.
PayStudy simplifies everything with a digital education loan platform offering:
This makes us one of the best study abroad loan platforms for Indian students.
Choosing the right student loan shapes your global education journey. PayStudy gives you transparency, speed, and expert guidance to make the smartest loan decision.
Whether you need a no-collateral education loan for abroad studies, low-interest overseas education loan, or student loan for New Zealand, PayStudy is your trusted financing partner.
UK
USA
Ireland
Canada
France
Australia
SBI
Union Bank
BOB
PNB
Yes Bank
Idfc Bank
Icici Bank
Axis Bank
Credila
Avanse
Mpower
Incred
Auxilo
Poonawalla
Are you ready to transform your life?
Check Your Education Loan Eligibility
Get your education loan eligible within a minute.
