Living Expenses:
- Primary/ Main Applicant: (18+ years): AUD 24,505
- Additional applicant (Spouse or De Facto Partner) (18+ years): AUD 8,574
- Additional applicant (Dependent Child) : AUD 3,670
- School-Age Dependant Child Annual School Costs/ Fees: AUD9,661
Travel Costs:
- Per applicant: AUD 1,000 to 3,000 (Depends on the Country)
Formula to Calculate Total Financial Requirement:
- Tuition fee for one year
- AUD 24,505 (Living Expenses for Main Applicant)
- AUD 8,574 (Spouse or De Facto Partner Living Expenses)
- AUD 3,670 * For 1 Dependent Child Under 18 Years
- AUD9,661 * For 1 School-Age Dependant Child Annual School Fees
- Total Number of Applicants * AUD 1,000 to 3,000 for Travel Costs
Example:
- Main Applicant
- 1 additional applicant Spouse or De Facto Partner (18+ years)
- Tuition fee for one year: AUD 30,000
Total financial requirement:
AUD 30,000 (tuition) + AUD 24,505 (main applicant living expenses) + AUD 8,574 (Spouse or De Facto Partnerliving expenses) + AUD 4,000 (travel costs for both) = AUD 67,079
Important Notes:
- These amounts are minimum requirements and may vary depending on individual circumstances and location.
- Evidence of financial capacity must be provided in the form of official documents, such as bank statements.
- It’s crucial to check the official Australian government website for the most up-to-date information and requirements: https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/student-500