International students are required to demonstrate and/or declare that they have genuine access to sufficient funds to be granted a Student visa. Applicants may have to demonstrate sufficient funds to cover these expenses for the first one or two years in Australia, depending on their assessment level.
This helps to ensure students are better able to make the most of their studies and have a safe and enjoyable experience in Australia. Funds should be sufficient to contribute to the cost of travel, tuition, school costs of any dependents, and living costs.
The financial requirements per year outlined in the tables below apply from 1 July 2012.
Students
Expenses |
Per Person |
Amount required in AUD |
Travel |
Applicant |
Return air fare to Australia |
Family members |
One return air fare to Australia per person |
|
Tuition |
Applicant |
Course fees |
School-age |
AUD8000 per year |
|
Living |
Applicant |
AUD18 610 per year |
Partner |
AUD6515 per year |
|
First child |
AUD3720 per year |
|
Each other child |
AUD2790 per year |
Streamlined student visa processing
Under the streamlined student visa processing arrangements, eligible student visa applicants from participating universities and eligible non-university higher education providers are assessed as though they are a lower immigration risk, irrespective of their country of origin.
If you are eligible for streamlined student visa processing you are not assigned an assessment level. This is because under the streamlined visa processing arrangements your student visa is assessed as though you are lower immigration risk.
If you are eligible for streamlined student visa processing you will generally have reduced evidentiary requirements when applying for a student visa.