Fulfill your dream to study in top Study in the New Zealand universities with hassle-free loans covering tuition, living, and travel — at competitive rates.
Flexible and low interest options to suit your needs.
No security required for reputed universities.
Repay only when you start earning.
One-stop solution for all education-related costs.
30K+ Students Counselled
600+ Universities
Indian students are increasingly considering New Zealand as a study abroad destination because of the quality of education, employment opportunities after completion of study and quicker visa processing. It has globally recognised universities and a welcoming atmosphere, making it a seamless experience for students to study abroad. Whether you're starting your college education or finishing, PayStudy helps students get education loans for studying in New Zealand with easy support and flexible options.
New Zealand stands out for offering flexible international student pathways, while many countries raise entry barriers.
| Factors | Description |
|---|---|
| Average Cost of Study | ₹11.23L – ₹17.86L/year (NZD 22,000 – 35,000) |
| Average Living Cost | ₹7.65L – ₹10.21L/year (NZD 15,000 – 20,000) |
| Funding Options | Scholarships, education loans, part-time work, personal savings |
| Major Intakes | February, July (limited September programs) |
| Study Visa Types | Student Visa, Pathway Visa, Post-Study Work Visa |
| Popular Cities | Auckland, Wellington, Christchurch, Dunedin |
| Visa Fee | ₹16,840 (NZD 330) |
| Expense | Estimated Cost (NZD) | Notes |
|---|---|---|
| Tuition Fees | UG: 25,000 – 45,000 / PG: 20,000 – 37,000 per year | Varies by course |
| Visa Fee | 530 – 600 | Based on location |
| Health Insurance | 350 – 700 per semester | Mandatory |
| Accommodation | 600 – 1,200/month | Shared/independent |
| Food | 300 – 500/month | Cooking reduces costs |
| Utilities | 200 – 300/month | Often shared |
| Transport | ~215/month | Student discounts available |
| Books & Supplies | ~300/year | Varies by course |
| Phone/Internet | ~110/month | Some rentals include Wi-Fi |
| Lifestyle/Misc | 200/month | Personal expenses |
| Scholarship | Benefits | Eligibility |
|---|---|---|
| GyanDhan Scholarship | Up to ₹1,00,000 | Indian students with education loan |
| ADB-Japan Scholarship | Full tuition + stipend | PG, under 35, return-home commitment |
| INSPIRE | Funding support for science students | Ages 17–22, strong academics |
| University/ NZ Govt Scholarships | Up to NZ$20,000 | Merit-based |
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An education loan for your New Zealand studies helps with tuition fees, accommodation, travel expenses, visa expenses and other living expenses.
Most loans provide a moratorium period that allows you to begin repayment once you have finished your course.
Loans make it easier to afford education at leading universities in New Zealand known for quality and global recognition.
With access to quality education and post-study work opportunities, students can build strong international careers.
Submit your profile and loan requirements through our simple online form.
Receive loan offers matched to your profile from top partners.
We help gather and verify all your required documents quickly.
Our experts handle coordination with banks/NBFCs for fast sanction.
Funds are sent directly to the university or your account as needed.
| University | UG Requirement | PG Requirement | MBA Requirement | Popular Courses |
|---|---|---|---|---|
| Auckland University of Technology (AUT) | Class 12 + IELTS 6.0 | Bachelor’s with GPA B (3.0) + IELTS 6.5 | Bachelor's + GMAT 550 | Design, Business, Health Sciences |
| Massey University | Class 12 + IELTS 6.0 (5.5 min) | Bachelor’s GPA 2.75 + IELTS 6.5 | Bachelor’s + GMAT recommended | Business, Science |
| University of Auckland | Class 12 + IELTS 7.0 | Bachelor’s GPA 5.5 + IELTS 6.5–7.0 | Bachelor’s + GMAT 550 | Engineering, Arts, Commerce |
| University of Otago | Class 12 + IELTS 6.0 | Bachelor’s GPA 2.8 + IELTS 6.5 | Bachelor’s + GMAT recommended | Engineering, Management |
| Victoria University of Wellington | Class 12 + IELTS 6.5 | Bachelor’s GPA B (3.0) + IELTS 6.5 | Bachelor’s + GMAT 550 recommended | Law, Commerce, Arts |
| Test | Purpose |
|---|---|
| IELTS / TOEFL / PTE | English proficiency |
| GMAT | Required for business-related PG programs |
| GRE | Recommended for engineering & IT programs |
| SAT | Optional but strengthens UG applications |
| UMAT / Interview | Required for some medical programs |
Processing time: 4–6 weeks
Work 20 hrs/week during study
Work full-time during breaks
Part-time work helps with living expenses and local experience but cannot be used as proof of funds for visa.
| Stage | Opportunity | PR Eligibility |
|---|---|---|
| After Graduation | Up to 3-year Post-Study Work Visa | — |
| After Job Offer | Switch to Skilled Migrant Category | — |
| PR Eligibility | — | After 5 years (2 years if working with accredited employer under WTR) |
Keep previous visa documents for smooth PR processing.
We guide students in selecting a suitable education loan for studying in New Zealand. We assist you through the process of being eligible for a loan, paperwork, approval and repayment.
We help the student select the right universities and courses as per their objectives, budget and academic profile. We are also able to handle the entire admission procedure.
We have experts who help you to prepare powerful Statements of Purpose (SOP) and Letters of Recommendation (LOR), which will enhance your university application.
We guide you in preparing visa documents and help ensure your application is submitted correctly and on time.
In the lead up to your travel, we provide you with crucial tips on student life abroad, forex, travel planning and accommodation.
Are you ready to transform your life?
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