How much amount needs to be shown in the bank account along with the loan sanction letter for visa purposes?
You must show immediate access to at least €10,000 in your bank account for living expenses, even if you have an education loan sanction letter.
- Provide personal bank statements (last six months) showing your name, account number, and at least €10,000 balance.
- If a sponsor is supporting you, their bank statements must also show this amount.
For tuition fees:
- If total fees are less than €6,000, pay the full amount before your visa application.
- If fees exceed €6,000, pay at least €6,000 upfront; the rest can be covered by your loan.
Ensure your loan sanction letter is official and matches your details.
Cash income, business income or no ITR?
See whether your funds and documents will pass the visa check.
More Student visa questions
- Is a loan sanction letter from the government regulated Indian Bank accepted for a UK student visa application?
- How much bank balance is needed for an Italy student visa after failing math in 12th grade?
- Can I call my husband on a dependent visa after I go on a student visa for my masters abroad in UK/Ireland?
- Is it possible for my son, who is currently in twelfth grade, to study in New Zealand next year for a Diploma?
- Which countries have less strict or different financial requirements compared to New Zealand, especially regarding funding duration?
- Can other family members act as financial sponsors if my father’s income is insufficient in Germany?
- Is it necessary to include a cover letter explaining my financial arrangement, which combines a loan and personal savings, for my German student visa application?
- Can you track an Employment Pass application on the MOM portal when your employer files it?
