Singapore Student visa - Financial requirements

Prepare roughly 6 months of bank statements as a practical baseline for a Singapore Student Pass, since ICA's forms ask for financial-support information covering that period. Budget around SGD 25,000 to 35,000 total for a one-year advanced diploma, covering tuition plus about SGD 14,400 to 24,000 in living costs.

No, a balance sheet is not required, since visa authorities want liquid, accessible cash, not overall assets and liabilities. You need three to six months of personal bank statements, a sponsorship letter if applicable, sponsor income proof, and a loan sanction letter covering 877.50 euros a month.

Yes, you can stay with relatives during your studies in Singapore, but this arrangement does not exempt you from showing standard financial proof. The Immigration and Checkpoints Authority requires steady liquid resources or official sponsorship documentation. Additionally, living with family members triggers specific public housing occupancy regulations and strict address.

Yes, required funds can sit in your parents' bank account rather than your own for a Singapore Student's Pass. You need a sponsorship letter, proof of relationship like a birth certificate, and bank statements showing funds for tuition plus about SGD 8,400 in yearly living costs.