(b) Secondly, it is obligatory to show that you have the requisite financial support to meet your expenses including tuition fees, accommodation etc. for pursuing your studies. For the purpose of Australian Government's student visa requirements, students are required to show that they have at least Australian Dollar 12,000 (around Rs.3,00,000) to cover living costs for each year of their study.
If you do not have adequate funds, you can look for an eligible sponsor. Then you have to show that these funds are in your possession for a minimum of six months. Moreover, you may also opt for taking loans from either a governmental or a commercial organisation.
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