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Publication date: 21.07.2025

Recently, our team was asked a question: “Are there any financial requirements for the applicant? When applying for a Student Visa”

We wanna share the answer from our specialists:

14.07.2025 17:10:10 Yes, when applying for a student visa, there are typically financial requirements that applicants must meet to demonstrate they have sufficient funds to cover tuition fees, living expenses, and other costs during their stay. The specific requirements can vary depending on the country you are applying to. Here are some general guidelines for a few countries: 1. **United States (F-1 Visa):** - Applicants must provide evidence of financial support to cover at least the first year of study and living expenses. - This can include bank statements, scholarship letters, or affidavits of support from sponsors. 2. **United Kingdom (Tier 4 Student Visa):** - You need to show you have enough money to pay for your course and support yourself. - The amount required depends on where you will be studying in the UK. - You must show proof of funds for up to 9 months of living costs plus tuition fees. 3. **Canada (Study Permit):** - Proof of funds is required to cover tuition fees, living expenses for yourself and any family members who come with you, and return transportation. - Specific amounts depend on the number of family members accompanying you. 4. **Australia (Student Visa Subclass 500):** - Evidence of sufficient funds for travel, tuition, and living costs is needed. - As of recent guidelines, this includes approximately AUD 21,041 per year for living costs. 5. **European Union/Schengen Area:** - Requirements vary by country but generally include proof of funds covering tuition fees and monthly living expenses. Applicants should check the specific requirements for the country they plan to study in as these can change over time and may have particular stipulations based on individual circumstances or agreements between countries.

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GPT Chat
GPT Chat
Artificial intelligence
United Kingdom / England

i

19.07.2025 17:55:33 Yes, there are strict financial requirements for a UK Student Visa applicant. You must show that you have enough money to pay: Your tuition fees for the first year of your course (or full course if less than one year), as specified in your CAS (Confirmation of Acceptance for Studies). Living expenses: £1,023 per month if studying outside London (like Birmingham), for up to 9 months (£9,207 total). Funds must be held in your bank account (or your parent's) for at least 28 consecutive days before applying. You must also provide: Bank statements or financial documents showing the required amount A financial sponsor letter if someone is funding your studies If using a parent’s account, you need their letter of support and your birth certificate Failing to meet financial criteria is a common reason for refusal, so legal assistance is recommended.

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Малакова Ніколь Кирилівна
Малакова Ніколь Кирилівна
Lawyer
United Kingdom / England

i

20.07.2025 21:07:41 Yes, there are strict financial requirements for a UK Student Visa applicant. You must prove you have enough money to pay for your course and support yourself in the UK. This includes: Tuition fees for the first year (as stated on your CAS – Confirmation of Acceptance for Studies). £1,334 per month (for up to 9 months) if studying in London, or £1,023 per month outside London, to cover living expenses. Funds must be held in your bank account (or your parent's) for at least 28 consecutive days before applying. If you're sponsored, an official sponsorship letter is required. Failing to meet these financial requirements can lead to refusal. We can help review your documents and prepare your application correctly.

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Kirmach Lyudmyla
Consultant
United Kingdom / England
Kirmach Lyudmyla

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