Funding for New Zealand Study Visa 2025

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Funding for New Zealand Study Visa 2025

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In this video, Chakit Sir provides a detailed breakdown of the funding requirements and process for applying for a New Zealand study visa. Here's what he covers:

1. Sponsor ITR (Income Tax Returns):
The sponsor’s financial documents must reflect a stable and sufficient income.
A minimum income of ₹12-15 lakhs per year is recommended to show the ability to support your education.

2. Your ITR: If you are earning or have part-time income, include your own ITR to strengthen your financial profile.

3. Parent’s ITR: For dependent students, the ITRs of parents are crucial to demonstrate a strong financial backing.
Parents' income should be consistent and verifiable through bank statements.

4. Total Cost Calculation: Show adequate funds for tuition fees, living expenses, travel costs, and medical insurance.
Ensure the total funds available are 1.5–2 times the estimated cost of studying in New Zealand.

5. Source of Funds: Funds must be traceable and legitimate, whether from savings, fixed deposits, or education loans.
Avoid large, unexplained deposits in bank accounts.

6. Intent of Studying in NZ: Clearly express why you chose New Zealand, how the course aligns with your career goals, and your post-study plans.

A well-prepared SOP (Statement of Purpose) can strongly support this aspect.

Pro-Tips to Avoid Rejections: Double-check documentation for accuracy and consistency.
Show genuine financial stability without fabricating details.

Ensure the course you apply for is relevant and adds value to your career.
Chakit Sir emphasizes that strong financial documentation and clear intent are the pillars of a successful New Zealand study visa application. Follow these steps to maximize your chances of approval!

Introduction 00:00 1:12
How much funds do you actually need for New Zealand study visa 1:13 2:36
Funding for New Zealand study visa explained in detailed 2:37 3:35
Purpose of studying abroad & relation with the Funding 3:36 4:22
Source of Fund is very crucial 4:23 5:19
Education Loan for New Zealand Study Visa 5:20 6:49
Points to remember before applying for New Zealand Study Visa 6:50 7:40
Sponsor Income Should Be Very Good & Accurate 7:41 7:50
Only Connect with a Responsible Consultant 7:51 9:00
Get in touch with me 9:01 10:01

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About Us -
Unlock Your Global Potential To Study Abroad with VAC Global Education

VAC Global Education is a rising star in the field of Edtech Overseas Education. Our mission is to empower students by providing exceptional study abroad services, focusing on the world's leading universities in countries such as Canada, UK, New Zealand, Australia, and the US.

We understand that choosing the right educational institution is a pivotal decision in shaping your future. That's why our dedicated team of experts, including counselors and country heads, are here to offer you invaluable guidance. We strive to help you make informed choices, ensuring that you embark on a transformative educational journey in the top-ranked universities and colleges.

Our commitment goes beyond just advice. We take pride in staying up-to-date with the latest information and industry trends. From assisting you in shortlisting colleges and universities to securing offer letters, organizing education loans, managing tuition fees and GIC deposits, handling visa documentation, crafting compelling statements of purpose (SOPs), and finally submitting visa applications, we cover every aspect of your dream destination journey.

At VAC Global Education, we believe in unlocking your global potential and paving the way for your abroad studies success.

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