Cost of living in New Zealand 3

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  1. 1. November 13, 2014 Published by: Olia EssinaCost of living in New Zealand Part 3EducationIn this post we put together available in NZ media information about the cost ofeducation and students living. Those of you who plan to get higher education in NZ,moving to NZ with the family on a permanent basis, or send a child to public or privateschool will find a few interesting facts here.One of the reasons for students choosing New Zealand as a study destination forhigher education is the cost of living, especially when compared to the UK and the US.The cost other than the tuition fees include daily expenses like transport, food,entertainment, cost of stationery and so on. Tertiary students should keep a budget ofNZ$15,000 a year for a modest living in New Zealand (Immigration New Zealandrequirement).Approximate everyday expenses for a Student: $150 to $320 a week for accommodation $12 to $17 to go to the movies $1.80 for a 1-stage bus fare
  2. 2. $4.45 for a Big Mac at McDonald's Textbooks and stationery $500 a year Student ID card $20 Students' association membership $30 Photocopy cards $100 Bus fares $30 to $60 a week Coffee in student cafeteria $1 to $3 a cup Hot meals in cafeteria up to $6-10 for a one-course mealThe following table shows the approximate cost of a student living in New Zealand: Lunch (cafe/fast food) - $6.00 - $10.00 Big Mac Meal - $9.50 2 litre Coke - $2.00= Cappucino (cafe price) $3.50-5.50 Writing paper (A4 lecture page/notebook) $3.00 - $5.00 Pens $1.00 - $3.00 Movie ticket (student price) - $15.00 Milk (2 litres) - $3.50 Loaf of sliced bread $2.00 - $4.00 12 eggs (1 dozen) - $4.00Schools: Primary, Intermediate and HighBelow you find an information of school fees for permanent residents of NZ or childrenof a long term work visas holders. If you sending a child to study from overseas, aschjpc-nz.comool fee are between $10,000 and $17,000, depending on the age of thechild and education provider. Other costs will occur if you not accompany your child, but
  3. 3. will want him to be hosted by a local family. Feel free to contact us regarding this: 64274928648 or email: [email protected] schools in the 2000sNew Zealands thriving private education sector included almost 100 private schools andjust over 300 state-integrated schools in the 2000s. In 2010, 4% of school-ageSchool feesSchool fees vary: in 2011 many integrated schools charged fees of $1,500$5,000 peryear. Private schools generally charged $12,000$19,000 per year, with boarding fees inaddition. (State schools ask parents for a donation, which at the secondary level wasgenerally less than $700, and at primary level less than $200.)A cap on funding to private schools, in place since 2000, ended in 2009 when thegovernment increased funding from $39.8 to $49.8 million. The increase included $2.6million for scholarships for children from low-income families.FundingElite schools funding has come from fees, endowments, fundraising by parents, and thegovernment. Fees charged in 2010 were generally in the $14,000 to $18,000 range;boarding charges almost doubled this to $30,000 to $34,000 per year. The schoolsbenefited from the success of their students and from loyalty to a school demonstratedthrough endowments. In some instances, schools were endowed by a founder or thegovernment.http://www.teara.govt.nz/en/private-education/sourcesA "free" state education in New Zealand will cost the average parent nearly $35,000 by the timetheir child finishes secondary school, a survey claims. More than 1,000 New Zealand members ofASG Education Programs responded to the survey, in which they were asked about the cost ofschool fees, transport, uniforms, computers, school and sports trips. About 15,600 New Zealandfamilies have enrolled in ASG, an investment program designed to help cover the costs ofeducation.According to the not-for-profit organization's projections, Kiwi parents will pay about $16,000for a child starting their eight-year primary school state education this year.Doing the maths$35,000 - The average cost per child of a state education in New Zealand, the survey says$16,000 - What primary education costs over eight years$18,000 - Cost of secondary education$262,310 - What a private education will cost - roughly 7.5 times the cost of a state educationhttp://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11191129
  4. 4. Cost of living in New Zealand Part 3