Fund Me Assist
ServicesHow It WorksWhy UsGet Started
All countries

Proof of funds · Australia

Australia: how much money you need to show for a student visa

Applies to: Australian Student visa (subclass 500)

AUD 29,710 a year for living costs

The annual living-cost figure for the main applicant, with more for a partner or children.

The amounts

Main applicantAUD 29,710 a year
PartnerAUD 10,394 a year
Each childAUD 4,449 a year

The rules to know

  • These are the living-cost amounts in the legal instrument in force since 10 May 2024.
  • Other costs are also assessed. Check the full list for your situation before you apply.

Source: Federal Register of Legislation: LIN 19/198 · checked 24 September 2026. Rules change, so confirm on the official page before you apply. Nothing here guarantees a visa.

Need help putting your funds together?

We help students and families arrange education loans and organise genuine proof of funds for the visa file. If part of your money will come from a loan, ask us whether a sanction letter can be used for your country, because the rules differ.

Ask about proof of funds

Other countries

  • United Kingdom
  • United States
  • Canada
  • Germany
  • Ireland
  • New Zealand
Fund Me Assist

Education loans, proof of funds and financial planning for students heading abroad.

Services

  • Education Loans
  • Proof of Funds
  • Savings & Repayment Planning
  • Proof of Funds by Country

Company

  • How It Works
  • Contact
  • wave@fundmeassist.com

Legal

  • Terms of Use
  • Privacy Policy
  • Disclaimer

fundme assist is not a lender or investor. Nothing on this site guarantees funding.

© 2018 fundme assist pvt ltd. All rights reserved.