Work out how much money you need to show for an Australian student visa (subclass 500), including course fees, living costs, family members and travel.
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Home Affairs financial capacity amounts
| Cost | Amount (AUD) |
|---|---|
| Student living costs (12 months) | 29,710 |
| Partner coming with you | 10,394 |
| Each child coming with you | 4,449 |
| School fees, each school-age child | 13,502+ a year |
| Travel, applying from outside Australia | 2,000 (2,500 East or Southern Africa, 3,000 West Africa) |
| Travel, applying in Australia | 1,000 |
| Course fees | First 12 months, minus anything paid |
The income option
Instead of showing savings, you can show that your parents or partner earned at least AUD 87,856 in the 12 months before you apply, or AUD 102,500 if family members are coming with you.
Example
A student with AUD 38,000 of first-year fees, AUD 10,000 already paid, applying from India: 29,710 + 28,000 + 2,000 = AUD 59,710.
Depending on your nationality and education provider, you may not need to show financial evidence with your application, but you must still have the money. Use the Home Affairs Document Checklist Tool to check.
Frequently asked questions
How much money do I need for an Australian student visa?
At least AUD 29,710 for living costs, plus your first year’s course fees and travel costs, and more for family members.
Can my parents' income be used?
Yes, if they earned at least AUD 87,856 in the last 12 months (AUD 102,500 with family members).
Is the amount less for a short course?
Yes. Living costs are pro-rated if you’ll stay less than 12 months.
What counts as evidence?
Bank statements, education loans, scholarships, or proof of parents’ or partner’s income.
Sources
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