To study in New Zealand, you need to show proof of funds, issued by a bank.

So you need to deposit this overseas study deposit in the form of cash in the bank, as well as stocks, real estate, financial management, etc.

It can only be used as a deposit after realization, or as an auxiliary guarantee.

The deposit can be in the name of the student or a guarantor (such as a parent).

How long does it take to deposit a deposit for studying in New Zealand?

Below, Study Abroad will answer your questions.

How long does it take to pay a deposit to study in New Zealand?

The deposit does not need to be handed over to anyone, just deposit it in the bank (both current and regular deposits are acceptable, except for stocks, real estate, financial management, etc., which cannot be used as a deposit unless there is a discount).

The deposit can be in the name of the student or a guarantor (such as a parent).

1. The New Zealand visa officer requires proof of funds for more than 6 months; 2. If the legal source of the large amount of funds can be proven, it can also be deposited in the bank one month before submitting the visa.

Just prove that the source of funds is legal: such as selling cars, houses, stocks, letters of guarantee, etc.

, you need to provide a car and house purchase contract and a car and house sale contract; 3. If you cannot prove the legal source of funds, you can set up a "New Zealand Study Abroad Fund Special Account", which is only granted by CITIC Bank and ANZ Bank.

This money is a fixed asset, and the bank will transfer enough tuition and living expenses to your bank card when you pay your tuition every year.

In addition, the money in this special account of the New Zealand Study Abroad Fund can be deposited in the name of the student or the name of the parents; 4. Provide auxiliary information such as car books, real estate, stocks, funds, etc.

Deposit amount for studying in New Zealand 1. For PhD or master’s degree students with full scholarship: Generally, this type of study visa has relatively low financial guarantee requirements.

Generally, a financial guarantee of RMB 100,000 can meet the visa requirements.

2. Four-year financial guarantee requirements for studying in New Zealand: generally refers to undergraduate or doctoral studies, no scholarships.

Since the tuition for studying for a PhD in New Zealand is not expensive, the financial guarantee for this type of study visa can be 300,000 to 400,000 to meet the requirements.

But the financial security for undergraduates is different.

Undergraduate tuition fees for international students are very expensive, usually four to five times that of local students in New Zealand, so financial security usually reaches 600,000.

3. Financial guarantee requirements for three-year study in New Zealand: Generally, a college or undergraduate degree, and the financial guarantee generally needs to be between 400,000 and 500,000.

4. Fund guarantee requirements for studying in New Zealand for one to two years: generally refers to the category of master's degree, college degree or diploma, and generally requires a fund guarantee of about 300,000.