Cheapest Universities in New Zealand for Undergraduate, Postgraduate and MBA

Cheapest Universities in New Zealand for Undergraduate, Postgraduate and MBA

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Jhalak Sharma

| Updated On - Oct 25, 2024

New Zealand is a preferred study destination for many students owing to its relatively low cost for quality education. Students aspiring to undergo undergraduate, postgraduate, or MBA courses can get affordable universities that suit them academically or even financially.

For example, Lincoln University costs NZD 17,200 (8,70,938 INR) for its undergraduate programs, and it is perhaps the cheapest university. On the other hand, Massey University offers postgraduate programs at NZD 33,880 (INR 17,155,46). In this article, you can get complete information about tuition fees.

Cheapest Universities in New Zealand by Academic Levels

New Zealand boasts a variety of affordable universities offering undergraduate, postgraduate, and MBA programs. Notably, Lincoln University stands out with undergraduate tuition starting at just NZD 17,200 (8,69,887 INR), while Massey University offers programs from NZD 33,880(1,7134,76 INR). Checkout the table given below and compare tuition costs across institutions.

University Name QS World Rank 2025 Location Undergraduate Tuition (NZD) Postgraduate Tuition (NZD) MBA Tuition (NZD)
University of Otago #214 Dunedin 42,613 38,795 38,795
Massey University #239 Auckland 33,880 56,220 to 70,120 49,346
University of Waikato #235 Hamilton 37,521 37,937 - 18,968 68,192
Victoria University of Wellington #244 Wellington 35,420 46,633 45,478
Auckland University of Technology (AUT) #412 Auckland 46,192 - 5,000 39,146 58,719 - 57,000
University of Canterbury #261 Christchurch 33,570 36,400 61,350
Lincoln University #=371 Lincoln 17,200 7,950 15,700
University of Auckland #65 Auckland 44,078 7,926 46,188

Scholarships in New Zealand for International Students

New Zealand offers diverse scholarships to help international students achieve their academic goals. These programs cover tuition fees, living expenses, and sometimes travel costs, easing financial burdens. With scholarships tailored for various study levels and fields, students with strong academic records, leadership skills, or special talents can find opportunities to thrive in a dynamic educational setting.

Government and private institutions alike provide these scholarships, opening doors to valuable learning experiences in New Zealand’s globally recognized institutions. Checkout the table below for more information.

Scholarship Name Eligibility Amount
The University of Auckland Faculty of Arts Sub-doctoral Postgraduate Scholarship Domestic and international students enrolling in the Faculty of Arts. Up to NZD 10,000 (5,057,48 INR)
University of Auckland International Student Excellence Scholarship International students undertaking eligible programs at the University of Auckland Up to NZD 10,000 per annum (5,057,48 INR)
ASEAN High Achievers Scholarship New international students from ASEAN Up to NZD 10,000 per annum (5,057,48 INR)
The University of Auckland International School Leaver Scholarship A scholarship for international students from New Zealand secondary schools entering The University of Auckland. Up to NZD 20,000 per annum (10,07,492 INR)

Cost of Living In New Zealand

The cost of living in New Zealand can vary depending on lifestyle and location, but it’s generally considered moderate to high. For example, rent for a one-bedroom apartment in the city center averages around NZD1,867 (43,674 INR) while an inexpensive meal costs about NZD 25 (1,259 INR). Checkout the table given below for more details:

Category Item Price (NZD) Price (INR)
Rent (One Bedroom) City Centre 186 9,369
Outside of Centre 1,541 77,627
Transportation One-way Ticket (Local Transport) 4 201
Monthly Pass (Regular Price) 182 9,168
Taxi Start (Normal Tariff) 4 201
Taxi 1km (Normal Tariff) 3 151
Gasoline (1 liter) 2 100
Restaurants Meal, Inexpensive Restaurant 25 1,259
Meal for 2 People, Mid-range Restaurant (Three-course) 125 6,296
McMeal at McDonald's (or Equivalent Combo Meal) 15 755

Placement Opportunities

Education in New Zealand not only gives students the best education but also the best chance to find a job while studying. Most New Zealand universities are industry-focused, ensuring internships and job placements that provide practical learning to students and professionals. Such exposure normally results in higher employment rates and better job prospects after graduating from college.

To give students a clearer understanding of the return on investment (ROI) for studying in New Zealand, here is a table showcasing the average graduate salaries from some of the prominent universities:

University Average Graduate Salary (NZD) Average Graduate Salary (INR)
University of Auckland 44k- 132k 2,19,496- 66,58,489
Victoria University of Wellington 55k - 88k 27,73,469 - 44,37,550
University of Otago 72k 38,82,856

New Zealand offers good student deals to undergraduate, postgraduate, graduate, and MBA students. Besides tuition fees, other factors like the cost of living, and grants, or the quality of the programs should also be considered.

Thus, it is possible to choose the university that will meet the student's academic and financial expectations. It also helps them enjoy a successful education in one of the most attractive countries in the world.

FAQs

Ques. What are the most affordable universities in New Zealand?

Ans. Some of the most affordable universities in New Zealand are Lincoln University, with undergraduate tuition starting at NZD 17,200( 8,66,443 INR), and Massey University, where programs begin at NZD 33,880 ( 17,06,691 INR). In contrast, institutions like the University of Auckland have tuition fees exceeding NZD 40,000( 20,14,984 INR).

Ques. Can international students work while studying in New Zealand?

Ans. Yes, international students can work up to 20 hours per week during the academic year and full-time during breaks. It allows students to earn extra money while studying and can earn up to 460 NZD ( 23,172 INR) per week.

Ques. How can I apply for admission to New Zealand universities?

Ans. Applications can be submitted online through university websites. Most universities have specific application deadlines, usually between September and November for the following academic year. Ensure you check each institution’s site for specific requirement

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