How much living-cost money do I have to show for an Australian student visa, and which Indian financial proofs count?
The Australian student visa currently requires showing AUD 29,710 per year for living costs alone, separate from tuition and airfare. Accepted proof includes bank statements, education loans, sponsor letters or scholarship documents. Indian income tax returns are generally accepted under the annual income route, subject to assessment.
The living-cost requirement for an Australian student visa is currently AUD 29,710 (approx INR 19.94 L) per year, and it is separate from tuition and airfare. Many older figures are outdated, so check the latest official amount before you plan your funds.
Funds Requirement and Accepted Proof
| Item | Details |
|---|---|
| Living-cost funds | AUD 29,710 (approx INR 19.94 L) per year, separate from tuition and airfare |
| Accepted proof | Bank statements, education loans, sponsor letters, scholarship documents |
| Exchange rate | Typically the rate on your application date; the current rate may apply if it shifts more than 10% before a decision |
India-Specific Points
- Income Tax Returns issued by India's Income Tax Department are generally accepted as indicative proof under the annual income route, subject to the officer's assessment
- Loans and deposits should typically come from financial institutions regulated by the RBI or an equivalent regulator
- Submitting complete evidence at the time of application helps avoid follow-up requests that slow processing
My Advice
Add tuition and airfare on top of the living-cost figure when you plan your total funds. Use a regulated lender or bank for loans and deposits and submit full evidence in one go. Confirm the figure on the official immigration site, since it can be revised.
Cash income, business income or no ITR?
See whether your funds and documents will pass the Australian visa check.
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