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  Home >>Visa Informations- Australia >>Annexure A Financial Criteria For Australian Student Visa

Financial Criteria For Australian Student Visas

Student Visa Sub Class
Type of Program
Assessment
Level
Months Prior Funds Evidence
Funds / Evidence Required
Commercial Loans Acceptable
570

Independence ELICOS

3
3

Course fees, living costs and travel costs fir entire program

. Eligible sponsors financial statements that are current with. Min. balance held for 3 months

OR

. Commercial loan dedicated to education, showing collateral for loan and consistency with annual income shown.

Yes
571
Schools
3
3

Total cost of school stay plus any ELICOS and bridging courses, and travel costs

. Eligible sponsors’ financial statement that are current with min. balance held for 3 months

OR

Commercial loan dedicated to education, showing collateral for loan and consistency with annual income shown.

Yes
572

Vocation Education &Training

4
6

Entire cost of program and stay ELICOS and bridging courses, and travel costs.

.Eligible sponsors’ financial statements that balance held for 6 months,

OR

.commercial loan dedicated to education,Collateral for loan and consistency with annual income

Yes
573
Higher Education
3
3

Course fees and living costs for entire program plus any ELICOS, bridging or foundation studies, and travel costs

.Eligible sponsors financial statements that are current with min. balance held for 3 months

OR

.commercial loan dedicated to education, collateral for loan and consistency with annual income shown.

Yes
574
Masters & Doctorate
3
current

Course fees and living costs for ELICOS / bridging / foundation course plus first year of post graduate education, and travel costs

.Eligible sponsors' financil statements that are current with current min. balance

OR

.commercial loan dedicated to education, collateral for loan and consistency with annual income shown.

Yes
575
Non-award foundation studies/other
3
3

Total costs of program, living expenses, and travel costs

.Eligible sponsors' financial statements that are current with min. balance held for 3 months

OR

.commercial loan dedicated to education, showing collateral for loan and consistency withannual income shown.

Yes
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