Study in the New Zealand: Learn About Universities, Cost of Living & Loans

Explore top universities, living cost, study abroad loans, visa guidance, and more for planning your study journey in New Zealand.

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Why is New Zealand the Upcoming Best Study Destination for Indian Students

New Zealand ranks 5th globally among countries with eight or more ranked universities, excelling in international faculty and sustainability. Its practical, research-driven education, smaller class sizes, and approachable professors ensure a job-ready learning experience rarely found in larger universities.

The Kiwi approach to education focuses on critical thinking, creativity, and real-world application through internships, research, and industry-linked projects. It also offers one of the simplest pathways to permanent residency for international students.

Quick Facts

  • New Zealand is among the safest and most student-friendly countries globally.
    New Zealand is among the safest and most student-friendly countries globally.
  • Over 30,000 Indian students currently study in New Zealand.
    Over 30,000 Indian students currently study in New Zealand.
  • Graduates can apply for post-study work visas for up to 3 years.
    Graduates can apply for post-study work visas for up to 3 years.
  • New Zealand has only 8 universities, but all are globally ranked.
    New Zealand has only 8 universities, but all are globally ranked.

Universities in New Zealand

  • Auckland University of Technology
    Auckland University of Technology
    New Zealand
    Public
    Applied Sciences
    Avg Tuition:
    NZ$34,500/year
  • Massey University
    Massey University
    New Zealand
    Public
    Research
    Business
    Avg Tuition:
    NZ$34,500/year.
  • University of Auckland
    University of Auckland
    New Zealand
    Public
    Research
    Avg Tuition:
    NZ$40,000/year
  • University of Canterbury
    University of Canterbury
    New Zealand
    Public
    Research
    STEM
    Avg Tuition:
    NZ$35,500/year

Cost of Studying & Living in New Zealand

  • Tuition Fees
    Tuition Fees
    Varies by university type & program
    NZ$25,000 - NZ$45,000/year
  • Accommodation
    Accommodation
    On-campus or off-campus housing
    NZ$8,000 - NZ$15,000/year
  • Living Expenses
    Living Expenses
    Food, transport & personal expenses
    NZ$10,000 - NZ$15,000/year

Total Estimated Costs

Public Universities
  • Tuition & FeesNZ$25,000 - NZ$35,000
  • AccommodationNZ$8,000 - NZ$12,000
  • Living ExpensesNZ$10,000 - NZ$13,000
  • Annual TotalNZ$43,000 - NZ$60,000
Private Universities
  • Tuition & FeesNZ$35,000 - NZ$45,000
  • AccommodationNZ$10,000 - NZ$15,000
  • Living ExpensesNZ$12,000 - NZ$15,000
  • Annual TotalNZ$57,000 - NZ$75,000

Post-Study Work Visa & Job Opportunities

Post-Study Work Visa (Open)

Up to 3 years (depends on qualification level)

Work for ANY employer in ANY role

Apply for the Skilled Migrant Category residence visa after gaining relevant work experience

Skilled Migrant Category

Based on age, qualifications, work experience

New Zealand study and work experience receives bonus points

Streamlined process for graduates with job offers

2025 Updates

Green List occupations fast-track residence applications

Enhanced regional pathway programs

Streamlined processes for healthcare and technology graduates

Average Starting Salaries

  • IT & Computer ScienceNZ$55,000 - NZ$80,000/year
  • EngineeringNZ$60,000 - NZ$75,000/year
  • Business & FinanceNZ$45,000 - NZ$65,000/year
  • Agricultural ScienceNZ$45,000 - NZ$60,000/year
  • HealthcareNZ$50,000 - NZ$70,000/year

Life & Culture in New Zealand

Campus Life & Internships

You'll find active student associations, outdoor clubs (hiking, skiing, surfing), and a strong emphasis on work-life balance. Universities have excellent industry connections, and internships are often built into degree programs. Most of the times, your internship supervisor would likely become your mentor in helping you navigate the job market.

Indian Communities
Auckland has vibrant areas like Sandringham with Indian grocery stores, restaurants, and cultural centers. Cities like Wellington and Christchurch have active Indian student associations organizing Diwali celebrations, cricket matches, and cultural festivals. The beauty is that you'll be part of a close community while also integrating with the broader multicultural Kiwi society.
Food & Lifestyle
Indian groceries are available in major cities through stores like Spice Village and Indian Spice Shop. Most universities have halal and vegetarian options in their cafeterias. The food scene is amazing, from excellent Indian restaurants to fresh local produce at weekend farmers markets. Apps like Countdown and FreshChoice deliver groceries, making student life convenient.
Cities to Live In
Auckland offers the most opportunities but higher living costs. Wellington is the capital with great government and corporate internships. Christchurch is rebuilding beautifully with lower costs. Hamilton and Dunedin are quintessential university towns with strong student communities and affordable living.
Transportation
Auckland has trains, buses, and ferries with AT HOP cards. Wellington has efficient buses and the iconic cable car. Monthly transport passes cost NZ$80-150. Many students buy used cars for NZ$3,000-6,000, which is great for weekend adventures and job hunting.

Education Loan Options for New Zealand

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INR Loans (Indian Lenders)

  • Interest rates start at 8.25%* p.a.
  • Loan amount: Up to ₹1.5 crore
  • Collateral or co-borrower often required
  • Processing time: 7–14 days

Why Choose Lorien for Studying in New Zealand?

  • Free loan eligibility check across 17+ lenders
  • Higher approval rates through lender matching
  • No-collateral loan options
  • End-to-end application support
  • Faster processing time
SBI
Union Bank of India
ICICI Bank
IDFC Bank
Axis Bank
Punjab National Bank
Credila
Auxilo
Avanse
InCred
Tata Capital
Ascent
Earnest
Prodigy
MPOWER Financing
SBI
Union Bank of India
ICICI Bank
IDFC Bank
Axis Bank
Punjab National Bank
Credila
Auxilo
Avanse
InCred
Tata Capital
Ascent
Earnest
Prodigy
MPOWER Financing
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Destination
Destination: USA
Loan Received: $30,000
Int. Rate: 6.45%
"I had a smooth and hassle-free experience securing a loan with Lorien Finance. They were professional, approachable, and transparent throughout the process, explaining all terms and conditions clearly. I highly recommend Lorien finance and Nishant for reliable financial assistance."
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Harsh
Montclair State University
5
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Destination
Destination: USA
Loan Received: $28,000
Int. Rate: 7.24%
"I would like to express my sincere gratitude to Lorien Finance for their outstanding support in assisting me with my loan process. The team took the time to explain all the details, answer all my questions, and provide valuable advice throughout the entire process."
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Vaidehi
University of New Haven
5
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Destination
Destination: USA
Loan Received: $35,000
Int. Rate: 4.70%
"I had a great experience with Lorien Finance while securing my student loan. The process was smooth, transparent, and efficient, making it stress-free for me. Lorien’s dedication to helping students achieve their educational goals is truly commendable."
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Ayush
University of North Carolina
5
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Destination
Destination: UK
Loan Received: ₹34 Lakh
Int. Rate: 11%
"With straightforward application process I received my loan approval faster than I expected with Lorien Finance. The customer service team was responsive and very knowledgeable. I appreciate their transparency about fees and interest rates."
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G. Bhanu
University of Portsmouth
4.7

Frequently Asked Questions

01
Are there tax benefits available for study abroad loan for New Zealand?
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01
Yes, you can claim tax deductions on interest paid under Section 80E of the Income Tax Act.
02
What is the maximum loan amount for studying in New Zealand?
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02
Loan amounts can go up to ₹1.5 crore based on eligibility and lender criteria.
03
What documents are required for a study abroad education loan?
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03
You’ll need KYC documents for the student and co-borrower, academic records, and financial documents.
04
How does Lorien Finance help me get the best education loan?
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04
We partner with leading Indian banks and NBFCs to match you with the best loan options. Our team helps with documentation and negotiations for optimal loan terms.
05
Which courses and universities are eligible for education loans through Lorien Finance?
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05
Lorien Finance provides loans for full-time undergraduate, postgraduate, MBA, and STEM programs at accredited New Zealand universities. You can check eligibility via our loan calculator or by consulting our experts.
06
Are there any tax benefits or deductions available on study abroad education loan interest?
Expand
06
Yes, the Income Tax Act of 1961 permits the deduction of interest paid on an education loan under Section 80E.
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