Can the funds for tuition and living expenses be shown from a company account or must it be an individual account in UK/Ireland?
No, funds for tuition and living expenses must usually be shown from an individual account, not a company account.
- UK: Proof of funds should be in your own name or that of a parent/legal guardian. Business or company accounts are generally not accepted. - Ireland: Bank statements must be from your personal account or a sponsor’s (such as a parent). Company accounts are typically not accepted.
Exception: If a company is officially sponsoring you, a formal sponsorship letter and supporting documents may be required, but this is rare and involves extra documentation.
For most students, personal bank statements or an education loan sanction letter are the safest options.
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