Finance

Here we want to give you a picture of the financial framework within which we operate and what a prospective student needs to know. You may have more questions than we are answering and if so, please get in touch.

Fees

Eastwest College operates a semester-based study programme - two semesters per year. All costs are calculated in New Zealand Dollars, are per semester and are subject to change without notice.

Tuition and accommodation fees for students ~ 2011 - Semester A & B

	Tuition Per Semester	Accomodation Per Semester	Total for Semester
Full Time NZ Students	$1.020	$2,785	$3,805
Full Time International Students	$1,715	$2,785	$4,500
Non Studying Spouses (NZ & International Students)	-	$2,785	$2,785
Full Time Non Residential Students	$1,365	-	$1,365
Children of students
Place in family	1st	2nd	3rd +
Under 1 year old	$830	$585	$330
1-4 years old	$1,045	$790	$545
5-12 years old	$1,245	$1,000	$755
13+ years old	$1,380	$1,215	$970

* Fees include lunch on the week days during term time but not weekends and holidays.

* Fees are payable on the first day of the semester.

Other fees

$30 Application fee/person

$100 House Cleaning Bond (refundable)

$25 Key Bond (refundable)

$25 Resource Fee

$30 Public Trust Registration Fee

$10 Student ID Card

Note: These fees are subject to change without notice.

Additional Notes on Fees

Residential students' fees cover meals and accommodation during the semester (except Friday evening meals and weekend food). They do not cover language lessons, text books, writing materials, telephone bills, personal items, ministry expenses or travel costs on ministry and 'short-term field experience' (STFE) practicuums
Student fees only cover the weeks of each semester and mid-term holidays. Students will require additional funds to cover holiday expenses occurring between semesters or be prepared to make alternative arrangements.
All students' fees are payable on the first day of the semester. Fees not paid after that day incur a 5% penalty plus 1% per month thereafter. Students who have not paid their full fees by the due date are required to set up an automatic payment for that semester to cover the outstanding amount.
International students' fees are payable on acceptance of enrolment.
Students will not be permitted to commence a new semester unless all previous semesters' fees are paid.

Student Allowances & Loans

Student allowances and loans are approved by StudyLink to those students who meet New Zealand government criteria. Student allowances are only available to New Zealand residential students who have had residency status for at least two years. Information about StudyLink can be viewed on their website at http://www.studylink.govt.nz.

For students who think they may be eligible for a student allowance or loan, the freephone number is 0800 88 99 00 from within New Zealand. Students are not permitted to access the student loan scheme for course-related costs for any overseas short-term college ministry.

Fee Protection

Student fees and accommodation payments are protected in an independant trust account operated by the New Zealand Public Trustee. Student fees are lodged with the Trustee and paid to the college monthly according to an agreed payment schedule signed at enrolment. All monies held in the Fee Protect Trust are NZ government guaranteed.

Fee Refunds

Refunds will be made to students withdrawing from courses on the following basis:

Within seven days of the course commencement - 100% of the fees paid, less one week's accommodation charge if applicable.
If a student withdraws after seven days and before 40 days, the refund will consist of the unexpired portion of fees paid (calculated as the number of whole weeks until the end of the semester as a percentage of the total weeks within that semester) less an administration fee of $500.
If a student withdraws after 40 days from the commencement of the semester, there will be no refund of fees.
All semesters paid for but not commenced will be refunded in full.

Budget advice for prospective students

Students need to budget very carefully whilst studying. A typical budget would cover:

College Fees
Rainbows Early Childhood fees for pre-school children
Text books: approximately $250 per semester
Cross-cultural practicum expenses: from $100 for local outhreach up to $3,000 for overseas ministry
Personal costs - stationery, toiletries, telephone calls/rental, internet, small items of clothing etc. - $50+ per adult per week
See below for accommodation costs for staying on campus during semester breaks
Food costs during semester breaks: $150 - $200 per week per family

Semester break student accommodation charges

The following are the charges for accommodation during semester breaks:
$40 per adult for single room per week
$35 per adult for shared room per week
$10 per child per week
$80 per accommodation unit per week for families
Students remaining on campus during semester breaks are required to provide one half day's work per week per week per adult in respect to community sharing of responsibility.

Additional costs for international students

Air fares
Car purchase (optional): An example would be $3,000 for a 10 year old car
Annual car registration and insurance: $1,200 + per year
Petrol costs
Holiday accommodation. Motel costs of sightseeing: $100+ per night
Fees for school-age children (approximately $7,000 per year for primary tuition and approximately $10,000 per year for secondary school tuition)
The New Zealand Government requires a Medical examination and x-ray (approximate cost: $380)

Important notice: The NZ Immigration Service requires all international students and their families to have ful medical and surgical insurance cover. Proof is required at the time of enrolment. Please see the document called 'Pastoral Care of Intenational Students'.

Textbooks

Students should allow approximately $250 for textbooks each semester. Books are obtained by the College at a discounted rate and available for purchase.

Visitors

There is a charge of $20 per adult per night up to $100 per week, and $10 per child (under 15 y/o) per night. This does not cover meal costs which are as follows:

$2 per lunch
$3 per evening meal

All requests or bookings shall be recorded in the guest accommodation book.
All guests and their facilities are the responsibility of the student concerned.