Funds
Costs of your stay, including your travel, study and living expenses.
Course fees
Calculate the first 12 months of your course fees or include the total cost of your course if it is for a duration of 12 months or less. Deduct any prepaid costs and provide evidence of these payments (this should be on your Confirmation of Enrolment or provide receipts).
Travel costs
If applying outside Australia, include AUD2,000 per person
Schooling costs
Where school aged children are included in your student visa application, schooling costs of AUD8,296 per year for each child will need to be added to the amount of funds that is required.
Fund calculation example
Note: Please deduct any prepaid tuition fees to get the actual amount of Fund required for the Australian Student Visa.
Acceptable Evidence to fulfill financial requirements

Genuine Access to Funds
You and your accompanying family members must be able to access the funds while you are in Australia. When considering whether the funds will be genuinely available, DIBP will take into account:
