International students are required to demonstrate and/or declare that they have genuine access to sufficient funds to be granted a Student visa. Applicants may have to demonstrate sufficient funds to cover these expenses for the first one or two years in Australia, depending on their assessment level. This helps to ensure students are better able to make the most of their studies and have a safe and enjoyable experience in Australia. Funds should be sufficient to contribute to the cost of travel, tuition, school costs of any dependents, and living costs.

The financial requirements per year outlined in the tables below apply from 1 July 2012:

Students Expenses Per Person Amount required in AU
Travel Applicant Return air fare to Australia
Family members One return air fare to Australia per person
Tuition Applicant Course fees
School-age children aged 5-18 AUD8000 per year
Living Applicant AUD18 610 per year
Partner AUD6515 per year
First child AUD3720 per year
Each other child AUD2790 per year

Student Guardians:

Expenses Per Person Amount required in AUD
Travel Applicant Return air fare to Australia
Children aged under 6 years of age One return air fare to Australia per person
Living Applicant AUD18 610 per year
First child aged under 6 AUD3720 per year
Each other child aged under 6 AUD2790 per year