How much savings do I need to show for a student visa for countries like Germany, Ireland, Canada, Australia, New Zealand, and the UK?
You need to show proof of sufficient funds for tuition and living expenses when applying for a student visa. Here are the typical financial requirements for each country:
- Germany: About €11,904 in a blocked account for one year’s living expenses.
- Ireland: At least €10,000 for living expenses plus tuition fees for one year.
- Canada: Tuition plus CAD 10,000 - 15,000/year for living expenses (varies by province).
- Australia: Tuition, plus around AUD 21,041/year for living expenses and travel costs.
- New Zealand: NZD 20,000/year for living expenses, plus tuition and return airfare funds.
- UK: Tuition plus £1,329/month (up to 9 months) if in London, or £1,023/month outside London.
These figures are typical and subject to change. You can show these funds through personal savings, education loans, scholarships, or sponsorship.
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