More than 200 IPU NZ students were each given $30 to spend in Palmerston North.
One of IPU founders, Dr Ohashi, said Palmerston North has always been available to the tertiary institute, and to celebrate 30 years she wanted to give back to the city.
"The city of Palmerston North has always been there for IPU New Zealand and I wanted to aid in this time of need."
Ohashi said IPU was proud of the students who responded to lock-down regulations beyond expectations.
"I would like to give my praise to the students who stayed in their rooms on campus following strict instructions during the lockdown.