What are the visa funding requirements for studying in Australia, including minimum funds and income tax returns needed for a Postgraduate?

To study in Australia, you must show proof of sufficient funds for your first year’s tuition, living expenses, travel, and health insurance.

- Tuition fees: AUD 22,000 - 50,000/year (postgraduate, varies by course)
- Living expenses: AUD 29,710/year (current official guideline)
- Travel costs: About AUD 2,000 (one-way flight)
- Overseas Student Health Cover (OSHC): About AUD 800/year

Total funds required: Typically AUD 54,500 - 82,500 for the first year, depending on your tuition.

If your parents or sponsors are funding you, they must show a minimum annual income of AUD 87,856 (single student) or AUD 102,500 (with family), using official tax documents. These requirements are subject to change.