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Funds and Documents for the Australian Student Visa: A$29,710, the Parents' Income Route, Loans and English Evidence

Home Affairs asks you to show you can pay for twelve months in Australia: the first year's tuition, A$29,710 of living costs and travel. Whether you attach the evidence when you lodge depends on what the Document Checklist Tool shows for your country and university, but the department can ask for it at any time, so prepare it either way.

Leonid Kurza, co-founder of EdumappleBy Leonid Kurza · co-founder of Edumapple · checked

  • ₹20 lakhliving costs, 12 months
  • A$2,000travel from India
  • A$87,856parents' income alternative
  • 2 yearsmaximum age of an English test

The amounts

ItemAmount for 12 months
TuitionOne year's fee (pro rata for a shorter course)
Living costs, student₹20 lakh (A$29,710)
Living costs, partner (where allowed)₹7 lakh (A$10,394)
Living costs, each child₹3 lakh (A$4,449)
School fees, each school-age childAt least ₹9 lakh (A$13,502)
Travel₹1.3 lakh (A$2,000) applying from India

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  • Courses your marks and degree qualify for
  • Tuition and the visa living funds, counted in rupees
  • GS answers, visa timing and your 485 plan
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A clean financial file

Funds that have sat in an account for several months, with a clear source, persuade far better than a large deposit made just before lodging. If a parent or relative funds you, include their relationship to you, their income evidence and a short signed declaration. Education loans should be from a recognised bank or NBFC; a disbursement letter or tuition paid directly to the university is the strongest form. See education loans.

Other documents

  • Passport and the CoE for each course.
  • Class 10 and 12 marksheets, degree certificates and transcripts.
  • Employment records and references for the past twelve months, where relevant.
  • English test results less than two years old.
  • Overseas Student Health Cover policy.
  • Evidence for the Genuine Student answers; see the GS requirement.

Questions from Indian students: Student visa funds

What counts as evidence of funds?
Money deposited with a financial institution, a loan from a financial institution or a government, or a scholarship. For an education loan, proof of disbursement is the best evidence.
Can my parents' income replace bank balance?
Yes, if one parent's (or your partner's) personal annual income was at least A$87,856 in the twelve months before you apply, shown with official tax assessments less than twelve months old. Bank statements and employer letters are not accepted for this route.
How much in rupees should I show?
For a A$45,000 course: A$45,000 + A$29,710 + A$2,000 = A$76,710, about ₹51 lakh at the rate on this site. Show a little more to cover exchange movements.
Which English tests are accepted for the visa?
IELTS Academic, PTE Academic, TOEFL iBT, Cambridge C1 Advanced, OET, MET and CELPIP, taken at a test centre. At-home versions such as IELTS Online and TOEFL iBT Home Edition are not accepted, and TOEFL candidates must select 'Taking TOEFL for Australia'.
Do I need health cover before applying?
Yes. Overseas Student Health Cover from an approved insurer, starting on the day you arrive and lasting at least the length of the course.

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