U3.20 Sufficient funds for maintenance while in New Zealand (29/11/2010)

See also Immigration Act 2009 ss 48, 55

1. Applicants must provide evidence to satisfy an immigration officer that they have sufficient funds available to maintain themselves throughout the period of their stay in New Zealand. Evidence may include but is not limited to:
   1. a notice of the award of a full scholarship; or
   2. the form Sponsorship for Temporary Entry (INZ 1025) completed by a person who is an acceptable sponsor (see E6.5 and E6.5.1); or
   3. funds held by or on behalf of the student; or
   4. before the student’s arrival in New Zealand, the form Financial Undertaking for a Student (INZ 1014) (which covers a stay in New Zealand of up to 12 months) completed by a person who is in the applicant’s home country, in New Zealand or in a third country; or
   5. after the student's arrival in New Zealand, the form Financial Undertaking for a Student (INZ 1014) (which covers a stay in New Zealand of up to 12 months) completed by a New Zealand citizen or residence class visa holder.
2. When determining whether a student has sufficient funds to maintain themselves throughout their stay in New Zealand, immigration officers may consider the period of time for which funds have been held by the student and/or their ability to access funds for the period that they are in New Zealand.

U3.20.1 Funds required for students taking courses lasting less than 36 weeks

Students taking courses lasting less than 36 weeks must provide:

1. evidence that funds of the amount required for visitor visa holders have been deposited in New Zealand, or
2. a letter from an education provider confirming that accommodation and other living expenses are included as part of a prepaid package.

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

U3.20.5 Funds required for students taking courses lasting 36 weeks or longer

Students taking courses lasting 36 weeks or longer must provide evidence to satisfy an immigration officer that:

1. they have NZ$10,000.00 per year available to maintain themselves during their stay in New Zealand (travellers' cheques or bank documents in the student's name are acceptable); or
2. (if they are citizens of Samoa and Tonga), a written guarantee of maintenance from a relative in New Zealand who is either a New Zealand citizen or residence class visa holder.

Effective 29/11/2010