Australia belongs to Continent Oceania and placed ranked one among other countries according to its area. It is also the 6th biggest country in the world. Australian educational ratio is more than 95%. Those students who wish to visit Australia, need to be that they are aware of the needs and the requirements of an Australia Student Visa. Let us know about ‘How Much Bank Balance is Required for Australia Student Visa?’
How Much Bank Balance is Required for Australia Student Visa?
If any student has to apply for a student visa, so it will need to AUD 60,000 Bank balance is required for an Australian Visa in a year. This amount is capable of the student for the study budget, residential and living expenses, transportation, and home member spending amount.
Quick Facts of Australia Study Trip:
- Australian Student Visa Features
- Economical Back Ground of Applied Student
- Distribution of the Budget
Australian Student Visa Features:
A student visa is an allowance card that is applicable for getting the study in a specific country. Australia has to release student visas for at least more than five years. The student must request the visa at least 45 days before starting his educational calendar. Any student has to allow to live with his home member in Australia. Students can work after two weeks for the allowed criterion time limitations.
Economical Back Ground of Applied Student:
The student should keep on strong bank amounts. If the student is coming on the base of scholarship and bank credits, so it has proven the documents that are to be needed for visit to Australia.
If the student is visiting Australia on his behalf, so needs to be a bank account statement that the student is able to bear the economic cost in Australia during the study tour.
Distribution of the Budget:
Living Expenditure:
Any student can get an estimation of the amount that will consume in his Study tour in Australia. The contribution of the amount had considered for three main areas of life such as living, transport, and studies. Such as, the student will pay for daily living expenses of more than AUD 21,000. If any mature person will come with him, so it will pay an extra AUD 7,500, and the kid’s amount should be more than AUD 3,000.
Study Expenditure:
The cost of the study is related to the degree and its expenditure. Thus the student will require the total amount of all the study periods they wish to spend in Australia as degree years. If the total expenditure had consisted of AUS 60,000, and the student will spend three years in Australia, so it has to require to spend at least AUD 20,00 in a year for studies.
So if any student will plan for four years in Australia, thus its needs to be that AUD 80,000 should keep in his bank account only for the study. If the student had paid the tuition fee of any academy in Australia, so he can submit the other amount to deduct it.
Transportation Expenditure:
For the study tour of Australia, it needs to be that the student will apply to bear the burden of transportation from one place to another in Australia. It can be a minimum of AUD 1,000 to a maximum of AUD 3,000. This amount may vary according to the place of transportation.
What are the recognized Universities in Australia?
According to research, Australia had placed in the fifth rank among the famous universities countries. These universities are an attraction for overseas students such as;
- The Australian National University/ Public
- The University of Sydney/ Public
- The University of Melbourne/ Public
- The University of Adelaide/ Public
- The University of Queensland/ Public
- The University of North South Wales Sydney/ Public
- The University of Technology Sydney/ Public
- The University of Western Australia/ Public
- Monash University/Public
- Bond University / Private
Conclusion
It is the wish of any student to get study foreign University. Australia may be a good selection if the student has to know better about the Australian universities ranking in the world. When any student tries to study abroad, make sure that the host country should fulfill the criteria of student hope and future. It is also the responsibility of the overseas student that it will keep discipline and moral values during the study period.
Frequently Asked Questions:
1)What is the Criterion Age for Appling for a Student Visa?
A student should be at least 6th years old, before applying for a student visa.
2)When should a student apply for a student visa?
A student should get the Australian academic enrolment confirmation, then he should apply for a student visa.
3)How much amount desired for transportation to and out of Australia?
Transportation expenses may be charged approximately AUD 2,000 for in and out of Australia.
4) Which Country do Students Visit Australia for Studies?
It has been recognized that African, China, Indian, Latin American, Nepal, and Singapore students mostly visit Australia for higher studies.
