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🇦🇺 Student visa (subclass 500)
Australia Student Visa Bank Balance & Proof of Funds
How much money Indian students must show for the Student visa (subclass 500), and how to show it.
- Student visa (subclass 500)
- Funds: AUD 29
- Interview: Sometimes
- File review & mock interview
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Quick answer
Australia student visa bank balance (proof of funds): the short answer
AUD 29,710 a year for living costs (main applicant), plus tuition and travel. For a typical program that's about AUD 68,000 (≈ ₹45 lakh).
Ask on WhatsAppUpdated · Reviewed by the Visa Edu Loans admissions & finance desk
Official sources: Home Affairs — Student visa (subclass 500)
Student visa (subclass 500) at a glance
- Visa
- Student visa (subclass 500)
- Fee
- AUD 2,000 base application charge (from July 2025), plus charges for any family members
- Processing
- Varies — check the Department of Home Affairs global processing times
- Funds
- AUD 29,710 a year for living costs (main applicant), plus tuition and travel
- Interview
- Sometimes — a phone or video interview can be part of the Genuine Student assessment
- Dependants
- Family members can be included if you show extra funds
Funds
How much to show
Ways to show funds
Accepted forms of proof
Education loan
A sanction letter from a bank or NBFC.
Fixed deposits
FDs in the student's or parents' names.
Scholarships
An award letter stating the amount.
FAQs
Frequently asked questions
Still have a question?
Ask a counsellor directly — we reply on WhatsApp during working hours (Mon–Sat, 9 AM–6 PM IST).
AUD 2,000 base application charge (from July 2025), plus charges for any family members
Varies — check the Department of Home Affairs global processing times
AUD 29,710 a year for living costs (main applicant), plus tuition and travel
Sometimes — a phone or video interview can be part of the Genuine Student assessment
Genuine Student concerns (course not linked to background or goals), Funds that don't meet the requirement or can't be traced and English score below the visa minimum
Explore
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Visa guides
More on the Australia student visa
- Study in Australia
- Australia student visa
- Australia student visa requirements
- Australia student visa documents checklist
- Australia student visa fees
- Australia student visa processing time
- Australia student visa rejection reasons
- Australia student visa interview questions
- Australia student visa for spouse and dependants
- Post-study work visa in Australia
- Part-time jobs in Australia
- PR after study in Australia
- Scholarships in Australia
- Education loan for Australia
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