You must submit evidence of sufficient funds for maintenance during your stay in New Zealand including:
Immigration New Zealand has introduced a system wherein the students are able to choose to transfer their living expenses of 12 months to a bank account in New Zealand which will be in addition to paying a tuition fee for 1 year. The amount is deposited in the bank and is sealed for a year, and is then provided to the student on prearranged basis.
The fund transfer option is available for the students who are genuinely intended to stay in New Zealand and do not have suffice funds that are 6 months old. Here the student is made to transfer $15,000 to the NZ's bank account through which the student is provided only $1,250 per month for his/her living expenses. Students who opt for this option find no need to verify any documentary evidence to demonstrate their source of funds.
Note: Additional documents and forms may be required as per individual case to support the application further. All the supporting documents should be notarized and self-attested.