What is the financial criteria for sponsorship for a student visa to Australia or New Zealand?

You must show strong financial support to get a student visa for Australia or New Zealand. Here’s what’s typically required (subject to change):

Australia:
- Living expenses: AUD 29,710/year (as of March 2026) for a single applicant.
- Tuition: Funds to cover first-year tuition fees.
- Travel: Proof of funds for a return airfare.
- Evidence: Acceptable documents include bank statements (yours or your parents’), education loan sanction letters, or scholarship award letters. Funds should be held for at least 3 months before applying.

New Zealand:
- Living expenses: NZD 20,000/year for tertiary studies.
- Tuition: Funds for first-year tuition fees.
- Travel: Proof of funds or a ticket to leave New Zealand.
- Sponsor: Only immediate family in New Zealand (parents, grandparents, siblings, spouse, or parents-in-law) can sponsor; friends/distant relatives are not accepted.

Clear proof of source and availability of funds is required.