{"id":3306,"date":"2025-10-21T10:02:33","date_gmt":"2025-10-21T10:02:33","guid":{"rendered":"https:\/\/aimseducation.co.uk\/bd\/?p=3306"},"modified":"2025-12-14T06:55:12","modified_gmt":"2025-12-14T06:55:12","slug":"financial-requirements-for-australian-student-visa","status":"publish","type":"post","link":"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/","title":{"rendered":"Financial Requirements for Australian Student Visa"},"content":{"rendered":"\n<p class=\"has-text-align-justify\">Getting approved for an Australian Student Visa (subclass 500) is highly dependent on fulfilling the financial requirements to study in Australia. The minimum financial requirement for an Australian student visa is AUD29,710.<\/p>\n\n\n\n<p>Proving financial requirements is the most crucial part of applying for a Student Visa in Australia. As an International Student, you may face some difficulties in arranging all the documents appropriately because it is very sensitive and complicated. However, the financial requirements for an Australian Student Visa are pretty much similar to other student visa requirements and if you search it online, you don\u2019t have to face much difficulty.&nbsp;&nbsp;<\/p>\n\n\n\n<p>This article aims to cover every question related to financial requirements for an Australian Student Visa, so if you have any queries, please read through the article.&nbsp;<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#What_are_the_Financial_Requirements_for_an_Australian_Student_Visa\" >What are the Financial Requirements for an Australian Student Visa?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#How_to_show_the_Proof_of_Funds_for_an_Australian_Student_Visa\" >How to show the Proof of Funds for an Australian Student Visa?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#Check_Your_Eligibility\" >Check Your Eligibility!<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#Preference_1\" >Preference 1:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#Preference_2\" >Preference 2:&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#What_are_the_total_financial_requirements_for_an_Australian_Student_Visa\" >What are the total financial requirements for an Australian Student Visa?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#How_do_you_calculate_the_funds_for_a_student_visa_in_Australia\" >How do you calculate the funds for a student visa in Australia?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#Acceptable_sources_of_financial_requirements_for_an_Australian_Student_Visa\" >Acceptable sources of financial requirements for an Australian Student Visa<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#Bank_Statement\" >Bank Statement<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#Government_Loan\" >Government Loan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#Scholarship\" >Scholarship<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#Property\" >Property<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#Who_can_show_funds_for_Australian_student_visa\" >Who can show funds for Australian student visa?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#Final_Words\" >Final Words<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#FAQ\" >FAQ<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#How_much_bank_balance_is_required_for_an_Australian_Student_Visa\" >How much bank balance is required for an Australian Student Visa?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#How_much_annual_income_is_needed_for_an_Australian_Student_Visa\" >How much annual income is needed for an Australian Student Visa?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#What_is_proof_of_sufficient_funds_for_a_visa_to_Australia\" >What is proof of sufficient funds for a visa to Australia?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#What_can_I_show_as_proof_of_financial_requirements_for_an_Australian_student_visa\" >What can I show as proof of financial requirements for an Australian student visa?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/aimseducation.co.uk\/bd\/blog\/financial-requirements-for-australian-student-visa\/#How_much_money_do_I_need_in_my_bank_to_apply_for_an_Australian_visa\" >How much money do I need in my bank to apply for an Australian visa?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Financial_Requirements_for_an_Australian_Student_Visa\"><\/span><strong>What are the Financial Requirements for an Australian Student Visa?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-justify\">To get an Australian student visa, you need to meet certain requirements. One of these is showing that you have enough money to cover your travel, course fees, and living expenses while you&#8217;re in Australia. This is to make sure you won&#8217;t face financial problems during your studies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading \\&quot;wp-block-heading\\&quot;\"><span class=\"ez-toc-section\" id=\"How_to_show_the_Proof_of_Funds_for_an_Australian_Student_Visa\"><\/span><strong><strong>How to show the Proof of Funds for an Australian Student Visa?<\/strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-justify\">Since you are an International Student, you need to provide enough evidence of your funding in order to cover your tuition fees, living expenses, travel costs, and other relevant expenses. You have to ensure the flow of finance throughout the time of your study duration. There are two ways of proving the financial requirements for an Australian Student Visa. Such as-<\/p>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-text-align-center\"><span class=\"ez-toc-section\" id=\"Check_Your_Eligibility\"><\/span><strong>Check Your Eligibility!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-columns has-ast-global-color-8-background-color has-background is-layout-flex wp-container-core-columns-is-layout-b653aba5 wp-block-columns-is-layout-flex\" style=\"border-radius:20px;padding-top:var(--wp--preset--spacing--50);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--50);padding-left:var(--wp--preset--spacing--50)\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><p class=\"wpcf7-contact-form-not-found\"><strong>Error:<\/strong> Contact form not found.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:40px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading \\&quot;wp-block-heading\\&quot;\"><span class=\"ez-toc-section\" id=\"Preference_1\"><\/span><strong>Preference 1:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-justify\">You can show the evidence of a fund that can cover your tuition fees, living costs, and travel costs for 12 months (including the expense of family members, if any).<\/p>\n\n\n\n<h2 class=\"wp-block-heading \\&quot;wp-block-heading\\&quot;\"><span class=\"ez-toc-section\" id=\"Preference_2\"><\/span><strong>Preference 2:<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-justify\">You can provide evidence of your annual income that meets the government requirements. This income can be either the income of your parents or spouse. annual income required for Australia student visa<\/p>\n\n\n\n<h2 class=\"wp-block-heading \\&quot;wp-block-heading\\&quot;\"><span class=\"ez-toc-section\" id=\"What_are_the_total_financial_requirements_for_an_Australian_Student_Visa\"><\/span><strong>What are the total financial requirements for an Australian Student Visa?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Showing the required amount of money as a bank statement is important to get your Australian student visa approved. The Australian government has fixed the amount of money you need to show as your proof of funds. Such as-<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><\/td><td><strong>Financial capacity requirement before 10 May 2024<\/strong><\/td><td><strong>Financial capacity requirement after 10\u200b\u200b May 2024<\/strong><\/td><\/tr><tr><td>Primary applicant<\/td><td>AUD24,505<\/td><td>AUD29,710<\/td><\/tr><tr><td>Spouse or de facto partner of the Student primary applicant (not applicable to Student Guardian applicant)<\/td><td>AUD8,574<\/td><td>AUD10,394<\/td><\/tr><tr><td>Dependent child<\/td><td>AUD3,670<\/td><td>AUD4,449<\/td><\/tr><tr><td>Annual school costs<\/td><td>AUD9,661<\/td><td>AUD13,502<\/td><\/tr><tr><td>Personal annual income if there is no member of the family<\/td><td>AUD72,465<\/td><td>AUD87,856<\/td><\/tr><tr><td>Personal annual income where there is a member of the family unit<\/td><td>AUD84,543<\/td><td>AUD102,500<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading \\&quot;wp-block-heading\\&quot;\"><span class=\"ez-toc-section\" id=\"How_do_you_calculate_the_funds_for_a_student_visa_in_Australia\"><\/span><strong><strong>How do you calculate the funds for a student visa in Australia?<\/strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-justify\">The total amount of funds required for an <strong>Australian student visa<\/strong> can be calculated easily. Whether you live for 1 year or 3 years in Australia you need to show a 1 year cost that must cover all the expenses of your study. The calculation of financial requirements for an Australian Student Visa is given below-<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Particulars<\/strong><\/td><td><strong>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Expenses<\/strong><\/td><\/tr><tr><td><strong>Living Cost<\/strong><\/td><td><strong>AUD8,000-$9,000<\/strong><\/td><\/tr><tr><td><strong>Course Fees<\/strong><\/td><td><strong>AUD 20,000 (Approximated)<\/strong><\/td><\/tr><tr><td><strong>Total =<\/strong><\/td><td><strong>AUD28,000- AUD29,000<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The living cost and travel fee are set by the Australian government but the health insurance depends on your education institution. Hence, this is the approximate cost that you must meet as financial requirements for an Australian Student Visa.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading \\&quot;wp-block-heading\\&quot;\"><span class=\"ez-toc-section\" id=\"Acceptable_sources_of_financial_requirements_for_an_Australian_Student_Visa\"><\/span><strong><strong>Acceptable sources of financial requirements for an Australian Student Visa<\/strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-justify\">The Immigration department always looks for the evidence that you\u2019ve given to be genuine. The sources that are acceptable as financial requirements for Australian Student Visa are given below-<\/p>\n\n\n\n<h2 class=\"wp-block-heading \\&quot;wp-block-heading\\&quot;\"><span class=\"ez-toc-section\" id=\"Bank_Statement\"><\/span><strong>Bank Statement<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-justify\">If you are a self-funding student and your annual income meets the requirements, you need to show the bank statement of your account for at least one year. If your parents or spouse are sponsoring you, then the bank statement should be their savings account.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading \\&quot;wp-block-heading\\&quot;\"><span class=\"ez-toc-section\" id=\"Government_Loan\"><\/span><strong>Government Loan<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If you applied for a government loan to support your study, you can show it as financial requirements. In that case, the amount of loan and your name must be written clearly on the statement.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading \\&quot;wp-block-heading\\&quot;\"><span class=\"ez-toc-section\" id=\"Scholarship\"><\/span><strong>Scholarship<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-justify\">If you\u2019ve received any fully funded scholarships, you can use that statement as proof of your bank statement for Australia student visa.<\/p>\n\n\n\n<h2 class=\"wp-block-heading \\&quot;wp-block-heading\\&quot;\"><span class=\"ez-toc-section\" id=\"Property\"><\/span><strong>Property<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-justify\">If you\u2019ve applied for a scholarship against your property, you have to provide a property evolution report as well. The report should be provided by the financial institution or the bank that provides the loan.<\/p>\n\n\n\n<h2 class=\"wp-block-heading \\&quot;wp-block-heading\\&quot;\"><span class=\"ez-toc-section\" id=\"Who_can_show_funds_for_Australian_student_visa\"><\/span><strong>Who can show funds for Australian student visa?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As an international student, you can show proof of your financial requirements for an Australian Student Visa in 3 options. Such as-<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-74e2db4f wp-block-columns-is-layout-flex\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<ul class=\"wp-block-list\">\n<li>The Students<\/li>\n\n\n\n<li>Parents<\/li>\n\n\n\n<li>Spouse<\/li>\n<\/ul>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading \\&quot;wp-block-heading\\&quot;\"><span class=\"ez-toc-section\" id=\"Final_Words\"><\/span><strong>Final Words<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Fulfilling the financial requirements for an Australian Student Visa is a crucial step for an international student to <strong><a class=\"ek-link\" href=\"https:\/\/aimseducation.co.uk\/bd\/study-abroad\/australia\/\">study in Australia<\/a><\/strong>. This article has covered all important information about the financial requirements to study in Australia. However, if you have any more queries, contact <strong><a href=\"https:\/\/aimseducation.co.uk\/bd\/\">AIMS Education<\/a><\/strong> without any hesitation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading \\&quot;wp-block-heading\\&quot;\"><span class=\"ez-toc-section\" id=\"FAQ\"><\/span><strong>FAQ<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-rank-math-faq-block \\&quot;wp-block-rank-math-faq-block\\&quot;\"><div class=\"rank-math-faq-item\"><h3 class=\"rank-math-question\"><span class=\"ez-toc-section\" id=\"How_much_bank_balance_is_required_for_an_Australian_Student_Visa\"><\/span><strong><strong>How much bank balance is required for an Australian Student Visa?<\/strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><div class=\"rank-math-answer\">Ans: As an international student you need to show sufficient money in your bank as proof of financial requirements for an Australian Student Visa. You\u2019ll need AUD29,710 to apply for the visa.<\/div><\/div><div class=\"rank-math-faq-item\"><h3 class=\"rank-math-question\"><span class=\"ez-toc-section\" id=\"How_much_annual_income_is_needed_for_an_Australian_Student_Visa\"><\/span><strong><strong>How much annual income is needed for an Australian Student Visa?<\/strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><div class=\"rank-math-answer\">Ans: You can show your annual income as a source of your funds for an Australian Student Visa. In that case, your annual income should be AUD$40000.<\/div><\/div><div class=\"rank-math-faq-item\"><h3 class=\"rank-math-question\"><span class=\"ez-toc-section\" id=\"What_is_proof_of_sufficient_funds_for_a_visa_to_Australia\"><\/span><strong>What is proof of sufficient funds for a visa to Australia?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><div class=\"rank-math-answer\"><strong>Ans:<\/strong> You can show bank statements, government loans, and scholarships as proof of sufficient funds for a visa to Australia.<\/div><\/div><div class=\"rank-math-faq-item\"><h3 class=\"rank-math-question\"><span class=\"ez-toc-section\" id=\"What_can_I_show_as_proof_of_financial_requirements_for_an_Australian_student_visa\"><\/span><strong>What can I show as proof of financial requirements for an Australian student visa?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><div class=\"rank-math-answer\"><strong>Ans:<\/strong> You can show a bank statement, government loan, scholarship, or your annual income as proof of financial requirements for an Australian Student Visa.<\/div><\/div><div class=\"rank-math-faq-item\"><h3 class=\"rank-math-question\"><span class=\"ez-toc-section\" id=\"How_much_money_do_I_need_in_my_bank_to_apply_for_an_Australian_visa\"><\/span><strong>How much money do I need in my bank to apply for an Australian visa?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3><div class=\"rank-math-answer\"><strong>Ans:<\/strong> Whether your course duration is 1 or 3 years, you need to show 1-year expenses on your bank statement. You will need to show AUD29,710 in your bank account to apply for an Australian visa.<\/div><\/div><\/div>\n\n\n\n<p><strong>Disclaimer<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-justify\">The university authority can anytime change their entry requirements, tuition fees, course options, scholarship opportunities and other requirements for international students. This blog is written with current information regarding the university requirements. But if there is any confusion about any kind of information regarding any university you can contact us directly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Getting approved for an Australian Student Visa (subclass 500) is highly dependent on fulfilling the financial requirements to study in Australia. The minimum financial requirement for an Australian student visa is AUD29,710. Proving financial requirements is the most crucial part of applying for a Student Visa in Australia. As an International Student, you may face [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3308,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Financial Requirements for Australian Student Visa | AIMS Education<\/title>\n<meta name=\"description\" content=\"Want to know the financial requirements for an Australian Student Visa? 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