U3.20 Sufficient funds (05/06/2000)

Immigration Regulations 1999 reg 22(a)

Applicants must provide evidence of sufficient funds to maintain themselves during their stay in New Zealand, which may include but is not limited to:

1. a notice of the award of a full scholarship; or
2. the form Financial Undertaking for a Student (which covers a stay in New Zealand of 12 months only) completed either:
   1. before the student's arrival in New Zealand, by a sponsor who is in New Zealand, the applicant's home country or a third country, or
   2. after the student's arrival in New Zealand, by a New Zealand citizen or resident; or
3. in the case of students taking courses lasting less than 36 weeks:
   1. a letter or certificate from a trading bank in New Zealand, that confirms that funds of the amount required for ordinary visitors have been deposited in New Zealand, or

      Note: This evidence may be sighted after the application has been approved in principle,

   2. a letter from an educational institution confirming that accommodation and other living expenses are included as part of a prepaid package; or
4. in the case of students taking courses lasting 36 weeks or longer:
   1. for students from Samoa and Tonga, a written guarantee of maintenance from a relative in New Zealand who is either a New Zealand citizen or resident, or
   2. for all other students, funds of NZ$7000 per year available in New Zealand for the student (travellers' cheques or bank documents in the student's name are acceptable).

Effective 05/06/00