Planning About Studying in Australia?
One of the key requirements you need to keep in mind is your financial capacity. To get an Australian student visa (subclass 500), international students must show proof of suficient funds to cover tutition fees, living costs, travel expeses, and other essentials during their stay. A common question that arises is: "How much bank balance is required for an Australia student visa?"
In this blog, we will break down the financial requirements in simple terms so you can prepare your documents with confidence.
Why is Bank Balance Required for an Australia Student Visa?
The Australian Department of Home Affairs requires students to show proof of sufficient funds to ensure they can manage their expenses while studying. This prevents cases of students who may end up in financial hardships or missing their studies because they lack the finacnces.
Showing a sufficient bank balance proves:
- You can pay your university tuition fees
- You can afford living expenses (like food, accommodation, transport)
- You can afford a return to your home country.
In short, showing a sufficient bank balance is an essential step in the Australian student visa application process.
How Much Bank Balance Do You Need for an Australian Student Visa in 2025?
Australian student visa bank balance requirement varies depending on your circumstances, whether you are an individual or have dependents (Spouse or Children), and the duration of the course.
| Expense Category | Applicant Type | Amount Required (AUD) |
| Living Expenses | Student | AUD 24,505 per year |
| Partner (Spouse) | AUD 8,574 per year | |
| Child | AUD 3,670 per year | |
| Tuition Fees | All students | AUD 20,000 – AUD 45,000 |
| Travel Expenses | From outside Australia | AUD 2,000 |
| From within Australia | AUD 1,000 |
How to Show Proof of Funds for an Australian Students Visa
You can demontrate your financial capacity in many ways. One of the most common is through bank statement, which should:
Bank Statements
- From your or your sponsor’s account
- Should cover the last 3 to 6 months
- Must show the minimum required balance
Education Loan Letter
- From an approved bank
- Should mention the loan amount, repayment terms, and purpos
Financial Sponsor Documents
- Affidavit of support from parents or relatives
- Their bank statements and income proof
Scholarship Proof
- Your financial documents are very important when processing an Australian student visa. This means one of the requirements is that you must demonstrate that you have sufficient money to support your tuition, cost of living and travelling. Having a healthy, genuine bank balance helps you show that you are financially prepared and also gains the confidence of the visa officers.
- Scholarship award letters (if you’ve received any scholarships)