If the sponsor does not have three years of income tax returns, do I need to have the funds liquid in my account or a sanction letter?
Yes, if your sponsor cannot provide three years of income tax returns, you must show clear proof of funds through other means.
You can use:
- Liquid funds in your own bank account (maintained for the required period, typically 28 days)
- An education loan sanction letter from a recognized financial institution
These alternatives are generally accepted as proof of funds, provided the documentation is clear, recent, and from a recognized source.
If you need help preparing the right documents, connect with your LeapScholar counsellor for guidance.
Cash income, business income or no ITR?
See whether your funds and documents will pass the visa check.
More Student visa questions
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- 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?
- Can you track an Employment Pass application on the MOM portal when your employer files it?
- How does the show money requirement work for Australia visa applications?
