Nepali students often ask for one fixed bank balance for an Australia student visa. In reality, the required amount depends on tuition fee, course length, living costs, travel costs, OSHC, dependants, and sponsor profile. The bank balance must also be genuine and explainable.
Minimum Living Cost Figure
Study Australia states that international student visa applicants must provide proof of at least AUD 29,710 for living costs. This is normally considered alongside first-year tuition, travel, OSHC, and dependant costs where applicable.
Simple Planning Formula
- First 12 months of tuition fee.
- Minimum living cost amount.
- Travel and initial settlement costs.
- OSHC for the required period.
- Additional costs for spouse or children if included.
- Extra buffer for exchange-rate and real living-cost changes.
Why Source of Funds Matters
A bank balance is stronger when it is supported by income, savings history, loan approval, business documents, salary evidence, or other genuine source documents. Recent large deposits without explanation can create questions.
Important Reminder
Do not borrow temporary funds only to show money. Financial evidence should reflect real capacity to study and live in Australia. Weak financial preparation can affect both visa outcome and student life after arrival.
Official Sources to Check
- Department of Home Affairs Student visa subclass 500: https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/student-500
- Genuine Student requirement: https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/student-500/genuine-student-requirement
- Document Checklist Tool: https://immi.homeaffairs.gov.au/visas/web-evidentiary-tool
- Study Australia visa application guide: https://www.studyaustralia.gov.au/en/plan-your-move/visa-application-process
Rules, visa charges, financial amounts, English requirements, and processing times can change. Always check the official pages before lodging an application.