Evidence of Funds

Student Visa application Evidence of Funds guide
All bank accounts must meet the following criteria:

1. Available funds must be:
• In your own New Zealand bank account (for joint accounts, please also see page 3 of this
guide).
• In New Zealand Dollars.
• Funds must be accessible at any time.
• You must have a complete bank transaction history covering three months or more. An ATM
receipt or Account Summary showing your balance(s) will not be accepted.
2. The transaction history must include the following:

• Your name and address.
• Bank account number.
• Official bank stamp (if your bank provides this service).
• The start and maturity date of your Term Deposit (if applicable). If you have held your Term
Deposit for less than six months at the time of your student visa application, you will need
to provide six months transaction history of your other accounts in addition to your Term
Deposit details.
• A minimum of three months continuous transaction history from all linked accounts. For
example, if you have a cheque account, savings account, and online account, you must
provide the three months transaction history for all accounts if you make transfers between
them. The transaction history should show this complete date range, finishing no more than
two days before your visa application appointment.
• An example to demonstrate how to calculate the last three months transaction history
follows:
Three months Two months One month Visa application date

3 December 3 January 3 February 3 March
• The transaction history must be printed no more than two days before your visa application
appointment, as shown:
Day 2 Day 1 Visa application date
1 March 2 March 3 March
• Print your bank transaction history at least one business day after the last payment is
receipted, as shown on your tuition fees statement (available to print from Student
Services Online).
If you are submitting your student visa application at AskAuckland Central (Provider
Direct), we cannot accept the following in place of the three months transaction history:
• Pay slips or job contracts
• Cash in any currency
• Overseas bank account/s
1
Evidence of Funds required:
1. AskAuckland Central cannot accept a transaction history showing a total of NZ$3,000 or
more in domestic deposits, made within the four weeks prior to your student visa application
appointment. This includes:
• Cash deposits.
• Currency Conversions.
• Domestic transfers from a New Zealand account other than your own.
This does not include:
• Overseas (Telegraphic) transfers, provided these are clearly identified as such on your
transaction history. If the transfer is not clearly identifiable as having come from
overseas, please provide evidence from your New Zealand bank.
• Your own Term Deposit maturing, and being paid into your own account.
2. You must show that you have enough living expenses to cover the time period that your
visa application will cover. For a guide, please refer to the following tables. You must also
show that you have sufficient evidence of funds for outward travel from New Zealand to your
home country after your period of study. This can be either:
• A fully paid travel ticket, departing from New Zealand after your period of study,
or
• Sufficient funds (NZ$1,500 or more) in addition to your living expenses to enable you
to purchase outward travel after your period of study.
For more information, please see: https://www.immigration.govt.nz/new-zealand-visas/apply-for-a-
visa/about-visa/full-fee-paying-student-visa#https://www.immigration.govt.nz/new-zealand-
visas/apply-for-a-visa/visa-factsheet/conditions/full-fee-paying-student-visa
Funds required in an individual account:
Semester enrolment Living Expenses and air ticket Living Expenses without air ticket
One Semester $7,500 and copy of ticket $9,000
Two Semesters $15,000 and copy of ticket $16,500
Quarter enrolment Living Expenses and air ticket Living Expenses without air ticket
One Quarter $3,750 and copy of ticket $5,250
Two Quarters $7,500 and copy of ticket $9,000
Three Quarters $11,250 and copy of ticket $12,750
Four Quarters $15,000 and copy of ticket $16,500
Funds required for Research Masters students whose thesis has been submitted, is
enrolled in code TSBM, and insurance has been paid:
Thesis submitted Living Expenses and air ticket Living Expenses without air ticket
4 months TSBM $5,000 and copy of ticket $6,500
2
Funds required for PhD students whose thesis has been submitted, is enrolled in code
TSBD, and insurance has been paid:
Thesis submitted Living Expenses and air ticket Living Expenses without air ticket
7 months TSBD $8,750 and copy of ticket $10,250
Funds required for PhD students enrolled in a full Doctoral academic year: $16,500
Funds required in a joint account:

• If the joint account is held in two individual’s names, you must show double the
amount required, plus an air ticket or additional funds for outward travel, when
applying for a student visa with Provider Direct. If the account is held in three
individual’s names, triple the funds amount is required, and so on. This condition also
applies to jointly held term deposits.
Using a Sponsorship for Temporary Entry (INZ1025) or Financial Undertaking

(INZ1014) form as Evidence of Funds
1. Please refer to Immigration New Zealand’s website for more information, and to download
these forms:
• Sponsorship for Temporary Entry (INZ1025):
https://www.immigration.govt.nz/documents/forms-and-guides/inz1025
• Financial Undertaking for a Student (INZ1014):
https://www.immigration.govt.nz/documents/forms-and-guides/inz1014
2. Please check the instructions on the first page of these forms to ensure you are using the
correct form for your circumstances. The form must be completed following these
instructions.
3. If you intend to use either of these forms for your next student visa application at
AskAuckland Central, you must submit the completed form to AskAuckland Central at least
two weeks before your current student visa expires. Approval to use the form will then be
requested from Immigration New Zealand on your behalf.
4. You will not be able to apply for your next student visa using either of these forms until
you have received an email notification from AskAuckland Central confirming that
Immigration New Zealand has approved your sponsorship or financial undertaking form for
use.
5. For more information regarding sponsorship, please contact Immigration New Zealand
directly, or consult: https://www.immigration.govt.nz/new-zealand-visas/apply-for-a-visa/tools-and-
information/general-information/acceptable-sponsors

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Student Visa application Evidence of Funds guide

All bank accounts must meet the following criteria:

2. The transaction history must include the following:

Three months Two months One month Visa application date

Funds required in an individual account:

Funds required in a joint account:

Using a Sponsorship for Temporary Entry (INZ1025) or Financial Undertaking

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