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Student Visa: Financial Requirements

With this type of visa it allows you to study for the period of your course as well as take family members with you. You will have to declare on your application that you are able to financially support yourself and family member for the duration of your stay. These expenses include travel cost, tuition fees and living expenses.
If you have children between the ages of 5 to 18, it is compulsory that they attend full-time education for the duration of your course and therefore you will need to provide tuition fees for their education also. This accumulates to around $8,000 per year plus your own course fees.
To show you are able to support you and your families living expenses each year you will have to have a minimum of $12,000 for yourself, $4,200 for your spouse, $2,400 for your first child and $1,800 for each other child.
If you have family member that are not accompanying you to Australia you will still need to show you have enough funds to support them.
Example of evidence that you may be requested include: bank statements, pay slips, bank loan documents, to show you have sufficient funds.
You can apply to work on this visa at an extra cost of $60 to help supplement your stay in Australia, family member can also apply for permission to work.
This allows you to work on a casual basis for up to 20 hours a week.
If you are studying for less than 12months your family members are not eligible to travel to Australia with you on this visa however, you will still have to show you are able to support them financially in your absence.
If you wish to discuss character requirements further or have any questions, please do not hesitate to contact one of our visa experts on 01925 451165 or by email at info@visasforaustralia.co.uk.
Student visa | Character Requirements | Financial Requirements | Health Requirements
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