Do I need a guarantee to study in New Zealand? Immigration New Zealand requires that when applying for a student visa, applicants need to provide proof of deposit to support their study and living expenses in New Zealand. The amount of guarantee for studying in New Zealand is based on the current average level of tuition and living expenses in the country, which is used to judge whether international students have enough economic ability to complete their studies. Because there are some differences in price and consumption index in different countries, the amount of economic security for studying abroad is different. The amount of guarantee for studying in New Zealand is RMB 6,543,800+RMB 5,000 per year. If the applicant plans to study in New Zealand for three years, in principle, he needs to prepare a study abroad fee of 450,000 yuan.
The launch of the New Zealand study abroad guarantee fund is a proof that students have enough financial ability to support their study and life in New Zealand. Embassies generally require a deposit period of six months, that is, you must have certain financial strength to deposit money into your account for half a year. Then you can choose which grade you want to go to New Zealand. After all, the undergraduate course needs so much savings. Do I need a guarantee to study in New Zealand? Otherwise, it is impossible to get a visa smoothly without relevant certificates. In addition, Bian Xiao suggested that applicants who intend to borrow money should raise a guarantee fund for studying abroad. They must be careful on this issue. Without follow-up financial support, their studies may fall by the wayside. The deposit for studying in New Zealand does not need to be given to anyone, just deposit it in the bank (both current and fixed), and there are other stocks, real estate, wealth management and so on. Unless there is a discount, it cannot be used as a deposit. The guarantee money can be in the name of the student or guarantor (such as parents).