Student Visa Financial Calculator
Calculate your financial requirements for Australian student visa
Based on Migration Instrument LIN 19/198 (Updated May 2024)
Calculate Your Financial Requirements
Alternative: Income Evidence
Instead of showing funds, you can provide evidence that your parent/spouse/de facto partner earned sufficient income in the 12 months before application:
Without Dependants
Annual income required
AUD $87,856
With Dependants
Annual income required
AUD $102,500
Note: Income must be from official government documentation of your parent/spouse/de facto partner
Financial Requirements
Total Tuition Fees
AUD $0
Living Expenses
AUD $0
School Fees
AUD $0
Travel Expenses
AUD $0
Total Financial Capacity Required
AUD $0
Also required: OSHC
Overseas Student Health Cover is mandatory for your student visa and must cover the full visa period. It is arranged and paid separately (not included in the financial capacity total above). Compare policies with your education provider or an approved insurer.
Fill out the form to calculate your financial requirements
Important Notes
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Living costs: 12 months maximum (or pro-rata if course is shorter)
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Tuition fees: Up to 12 months or remainder of course (whichever is less)
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OSHC: Mandatory for entire visa duration but NOT included in financial capacity calculation (typically prepaid separately)
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Buffer: Consider adding 10-20% extra for unexpected expenses
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Travel: Return airfare for all applicants and dependents
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School fees: AUD $13,502/year per school-age child (may be waived for some government schools)
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Alternative option: Instead of showing funds, you can use income evidence (parent/spouse/de facto): AUD $87,856 (no dependants) or AUD $102,500 (with dependants)