Do we need to show sources of funding for Australia and New Zealand visa applications?

Yes, you must show proof of funds when applying for student visas to Australia and New Zealand.

For Australia:
- Tuition fees: Show funds for the first year’s tuition (minus any paid deposit).
- Living costs: At least AUD $29,710/year for living expenses.
- Travel: Funds for a return airfare (about AUD $1,000 - $2,500).

For New Zealand:
- Living costs: At least NZD $20,000/year for living expenses.

Acceptable evidence includes bank statements, education loan sanction letters, scholarship letters, and sponsor documents (bank statements, payslips, Income Tax Returns). You may need to explain large deposits and show proof of relationship if using a sponsor. These requirements are subject to change.