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Qualification value calculator

This calculator from the Sorted website helps you put a dollar value on your qualification over time.  Be aware that no one can tell you exactly what your income will be in the future so regard this calculator as a guide only.

When you click "continue" the calculator will take you to the Sorted website to complete your calculation.

These flash calcs require Java script and the latest version of Flash Player installed and enable to function correctly. You can download Flash Player here.

Fees at New Zealand tertiary institutions for 2009  (There are different rates for international students.)
Compulsory fees - you can borrow the total amount of fees for your course (including Student Association fees) that are charged by your education provider for study at a university or tech.

Area of study Years to
complete
Cost per
year*
University Degrees
Architecture (Auckland University) 5 years $5,239- $5,759
Arts (Canterbury University) 3 years $4,200
Business Studies (undergraduate - Massey University) 3 years $4,174
Commerce (Auckland University) 3 years $4,756
Dentistry (Otago University) 5 years $11,326
Design (Massey University) 4 years $4,740
Fine Arts (Auckland University) 4 years $5,094
Engineering (Auckland University) 4 years $5,890
Law (Canterbury University) 4 years $4,200
Medicine (Otago University) 6 years $11,326
Music (Auckland University 4 years $5,045
Nursing (post graduate - Victoria University) 1 year $6,030
Optometry (Auckland University) 4 years $6,569
Physiotherapy (Otago University) 4 years $5,095-$6,061
Pharmacy (Auckland University) 4 years $4,416-$5,566
Teaching (Primary & Secondary - Auckland University) 3 years $4,416
Veterinary Science (Massey University) 5 years $8,623
Other Training Organisations
Bachelor in Hospitality Management (Weltech) 3 years $4,728
National Certificate in Exercise Science (Weltech) 1 year $4,805
Certificate in Business Administration (Weltech) 19 weeks $2,321
National Certificate in Hairdressing (Weltech) 1 year $5,316
National Diploma in Mechanical Engineering (Weltech) 2 years $4,934
Diploma in Early Childhood Education (NZ College of Early Childhood Education) 3 years $4,090
Diploma of Therapeutic Massage (Wellpark College of Natural Therapies) 18 Months $4,500
Diploma in Fashion Design (Design & Arts College of NZ) 2 Years $5,385
Diploma in Contemporary Photography (Design & Arts College of NZ) 2 years $5,380

Figures are indicative only and vary between different training organisations, and are reviewed on a yearly basis. Always check the course is one approved by the Ministry of Education for Student Loan purposes before you enrol.


Student Loan - course-related costs
You can borrow up to $1,000 per Student Loan account (usually a 52 week period) for course-related costs for things like stationery, textbooks, travel or computer equipment.


Student Loan - living costs
You can borrow up to $160.24 a week for living costs for the weeks while you're studying, or on a study break of three weeks or less (less any amount you get from Student Allowance).  (The average academic year is 37 weeks.) This is direct credited to your account each week. Remember you have to pay this back so only borrow what you need.

Your Student Loan course fees or course-related costs have not been included as categories. This is because you are looking at your day-to-day spending as a way to balance your student budget. You don't pay your weekly bills with money you borrow for tuition fees or text-books.


Last updated: 25 September 2009