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Student Visa Funds Calculator

Student Migration

Student Visa Funds Calculator

Estimate the minimum financial capacity for an Australian Student Visa Subclass 500 using tuition, living, schooling and travel costs for the student and accompanying family.

This calculator provides a guide only. Actual living and schooling costs may be higher. Home Affairs can update financial amounts, evidence rules and assessment requirements, so confirm the current document checklist before lodging.

Calculate Your Estimated Funds

Enter all amounts in Australian dollars (AUD).

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$
Use up to 365 days for living and schooling costs.
Estimated minimum fundsAUD 31,710
Unpaid tuitionAUD 0
Living costsAUD 29,710
Schooling costsAUD 0
Travel costsAUD 2,000

Alternative annual-income evidence benchmark without accompanying family: AUD 87,856.

Current calculation amounts

Student living costs: AUD 29,710 yearly
Partner living costs: AUD 10,394 yearly
Each child: AUD 4,449 yearly
Schooling: AUD 13,502 per child yearly

What the estimate includes

The result combines unpaid tuition for the first 12 months, pro-rated living costs for the selected period, pro-rated minimum schooling costs and location-based travel guidance for every accompanying applicant. If a course is shorter than 12 months, use its total fees; otherwise enter the first 12 months of tuition and subtract documented payments.

Financial Evidence Checks

  • Show genuine access to the funds, not only an account balance.
  • Explain the source of recent or large deposits.
  • Provide relationship and identity evidence for a financial supporter.
  • Use official evidence for loans, scholarships or government support.
  • Include all accompanying family living, travel and schooling costs.
  • Deduct paid tuition only when a receipt or CoE supports the payment.
  • Research actual costs because visa benchmarks are minimum amounts.

Annual income alternative

In some cases, an applicant may provide official government evidence that their parents or partner earned at least AUD 87,856 in the previous 12 months, or AUD 102,500 where family members accompany the student. Bank statements or an employer letter alone do not satisfy this annual-income evidence method.

How Echoes Global Education can assist

Our team can calculate a tailored funds requirement, review tuition payments and family costs, prepare a financial-document checklist, identify source-of-funds evidence and coordinate financial capacity documents with the Student visa application.

Frequently Asked Questions

Student Visa Funds FAQs

No. It estimates specified minimum amounts only. The Department also considers genuine access, source of funds, evidence quality, family circumstances and the current rules applying to the application.

Use the first 12 months of tuition, or the entire tuition if the course is shorter. Deduct amounts already paid only when documentary evidence confirms the payment.

Yes. Include living and travel costs for the partner and each accompanying child, plus applicable schooling costs for school-age children.

Depending on the method, evidence may include financial-institution deposits, qualifying loans, scholarships, government support or official government income documents together with proof of genuine access.

Not necessarily. Housing, transport and daily costs vary by city and household and can be significantly higher than the minimum financial-capacity benchmark.