Minimum financial evidence is the proof you must provide to show that you have enough funds to cover your tuition fees, living expenses, travel costs, and any dependents (if applicable) while studying in Australia.

The exact amount depends on your circumstances:

• Tuition fees for your course(s)

• Living costs (currently around AUD 29,710 per year for a single student)

• Travel costs to and from Australia

• Additional costs for family members accompanying you

You can provide:

• Bank statements or bank guarantees
• Annual Income of at least $72,465
• Loan approval letters

Documents are usually required to be issued within the last 3 months, depending on the type of evidence.

Yes, parents or a close family member can provide you with financial support.  The Department of Home Affairs (DHA) recognises that students often rely on financial support from their parents or close family members.

No, you can show combined evidence from multiple sources, as long as the total meets the minimum financial requirements.

Bank statements should be official, showing:

• Account holder’s name

• Current balance

• Transaction history

• Bank logo or stamp

Your student visa application may be delayed or refused until you provide satisfactory proof of funds.

Only current accessible funds are accepted. Future or potential income is usually not considered reliable for the application.