New Zealand study visa- Who can Show funds?

In New Zealand student visa process there are certain requirements the study in New Zealand aspirants need to meet. These requirements are as below

  • Academic requirements
  • English language requirement
  • Funds requirements
  • Income proof requirement
  • Health requirement
  • Character requirement requirements

All these are very important to meet in order to successfully get your New Zealand student visa

Who can sponsor you for your New Zealand study visa?

We commonly receive queries from NZ study visa aspirants about the funds requirement for New Zealand study visa .to successfully get your New Zealand student visa one of the requirements is of having sufficient funds for your tuition fee as well as your cost of living for the entire duration of your stay in New Zealand. It is not only enough to have these funds; the person sponsoring you that is the person who has got funds in their bank must be eligible sponsors as per Immigration New Zealand.

Who are eligible sponsors for New Zealand study visa?

If your marital status is single then

As per immigration New Zealand for the funds supporting your Student visa NZ application to be acceptable must be held in the names of eligible sponsors.

 The Eligible sponsors list includes

  • Parents that is your father and mother
  • Grandparents that is both sets of grandparents- your paternal grandparents and your maternal grandparents
  • Siblings that is your real brother or sister

These are the acceptable sponsors if your marital status is single that is you are not married and are looking forward to apply for your New Zealand student visa.

If your marital status is married

If you are married and would like to study in New Zealand then the additional people who can sponsor you are your spouse that is your partner and your parents in law that is your father in law and your mother in law.

So the list of sponsors for the people who are married is

  • Your parents
  • Grandparents
  • Real brother or sister
  • Spouse
  • Your parents in law

This is the list of acceptable sponsors for applicants who are citizens of India. applicants must take care that they strictly follow requirements because if the sponsor that is the person who is paying for your study in New Zealand is not in the list As given by immigration New Zealand then there are very high chances that your visa application may be refused.

Below we would be answering one of the queries we regularly receive from students who would like to go to New Zealand for their

Query   I have got my education loan and the guarantor is third party. Is it acceptable as per the NZ student visa policy?

As per immigration New Zealand applicant who is a citizen of India and would like to apply for NZ study visa and has got education loan then the guarantee in your education loan must be also an acceptable sponsor.

Third party guarantee in your education loan may not be accepted for your NZ student visa.

To further clarify let’s say that you have got an education loan and the guarantor in that education loan is your father and your uncle .as per the policy your father is an acceptable sponsor but your uncle is not an acceptable sponsor for your NZ student visa application. So this education loan may not be acceptable by immigration New Zealand for your New Zealand student visa.