Student Visa Financial Calculator

Calculate your financial requirements for Australian student visa

Based on Migration Instrument LIN 19/198 (Updated May 2024)

Calculate Your Financial Requirements

Course Duration (years)

Annual Tuition Fee (AUD)

For visa purposes: Maximum 12 months of fees required (or remainder if less)

Annual Living Cost (Primary Student)

AUD $29,710

Official rate per Migration Instrument 2019 (May 2024)

Partner/Spouse Accompanying You

Number of Dependent Children

Number of School-age Children (Requiring School Fees)

Note: School fees may be waived for certain government schools in specific circumstances

Additional Accommodation Costs (Optional)

Only select if you want to add extra accommodation beyond the minimum living costs

Overseas Student Health Cover (OSHC)

Travel Expenses (Return flights)

Include return airfare for yourself and all dependents

Alternative: Income Evidence

Instead of showing funds, you can provide evidence that your parent/spouse/de facto partner earned sufficient income in the 12 months before application:

Without Dependants

Annual income required

AUD $87,856

With Dependants

Annual income required

AUD $102,500

Note: Income must be from official government documentation of your parent/spouse/de facto partner

Financial Requirements

Fill out the form to calculate your financial requirements

Important Notes

💡 Living costs: 12 months maximum (or pro-rata if course is shorter)

💰 Tuition fees: Up to 12 months or remainder of course (whichever is less)

📋 OSHC: Mandatory for entire visa duration but NOT included in financial capacity calculation (typically prepaid separately)

🎯 Buffer: Consider adding 10-20% extra for unexpected expenses

✈️ Travel: Return airfare for all applicants and dependents

⚠️ School fees: AUD $13,502/year per school-age child (may be waived for some government schools)

💵 Alternative option: Instead of showing funds, you can use income evidence (parent/spouse/de facto): AUD $87,856 (no dependants) or AUD $102,500 (with dependants)