Student VISA

Australia Study Visa Requirements In 2024: Age Limit & Bank Balance

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Fiona
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What are the prerequisites for studying abroad? TOEFL and IELTS scores, LORs and SOPs, and a decent GPA? Yes, but what is the most elemental thing?

A student visa!

Australia has been a preferred choice to pursue academic studies abroad. But for you to study there, international students require an Australian student visa. Having a visa can allow you to study at your dream university as per the course duration, work part-time, etc.

Before applying for a student visa for any nation, you should be knowledgeable about every detail, including the timelines, types of visas, benefits, requirements, documents, funds, and more. As a result, this blog will introduce you to the same.

Wondering how to get start-to-finish assistance for the same? Simple. Through Yocket!

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Table Of Contents

Benefits of Catering to Australian Study Requirement

As an international student, you must satisfy the Australian study requirement of acquiring a valid student visa to pursue education at any Australian university. What are the benefits you can enjoy with your Australian student visa?

They are listed here:

  • Any Australian institution will let you enroll in your chosen course if it is eligible.
  • You can go to Australia with your family, spouse, and child as long as they are under 18 years old at the time of your student visa application. You must include all the information about your family members in your student visa application if you wish to acquire approval for them.

Suggested:Australia student visa guide

Australia Requirements for Study Visa

You must be able to prove your eligibility for a specific study visa in Australia to the Australian Department of Home Affairs. Any paperwork needed to apply for a student visa in Australia should be color-scannable and kept as PDFs. If the original documents are not in English, you might need to show the certified translations.

What are the key Australian student visa requirements?

They are:

  • Genuine Temporary Entrant (GTE) requirement
  • Financial requirements
  • English proficiency requirements
  • Health and character requirements

Requirements

Details

A valid passport and copies of your previous Visas.

Your passport must be valid for an authorized stay of a minimum of six months beyond your planned period of stay in Australia.

To verify your identity and nationality for traveling abroad. Previous visas help the authorities understand your travel history to other countries

2 passport-size coloured photographs.

Passport-size photographs must be the size of 51mm X 51mm.

Confirmation of Enrolment Form (COE).

It is proof of the certainty of your education in Australia.

Proof of funds for Australia student visa.

How much funds are required for an Australian student visa?

You must show the total funds in your bank account for the first year tuition fee for your course at the university you have received an offer for and living expenses for one year. You need to be able to show a minimum of AUD 20,290 (INR 10,82,398) annually to study in Australia.

Overseas health insurance receipt (OSHC).

The cover can be bought from a range of Australian healthcare providers and must be purchased to cover you from the first date you arrive in Australia.

Proof of Accommodation.

The document confirms the arrangement for accommodation during your study in Australia.

Language Requirements.

Band requirement for Australia study visa:

IELTS with a minimum score of 5.5

TOEFL with a minimum score of 46

PTE with a minimum score of 42 

Proof of payment of the visa fee.

Document stating that you have paid the visa fee. The invoice for the payment would suffice. The student visa 500 subclass would cost you AUD 630 (INR 33,608).

SubClass 500 Student Visa Application Form.

Long stay application form for more than 90 days.

Departure Tickets.

Air flight reservation/ticket with the date of departure.

The Australian university issues the Electronic Confirmation of Enrolment (eCOE), which is mandatory for completing the visa, once the SVP process at your chosen university has been completed.

Suggested:Australia student visa process

Age Limit For Australia Student Visa

You must be at least 18 years old to be eligible to apply for an Australian student visa. In Australia, there is no upper age limit for student visas. The Subclass 500 does not consider applicants under the age of 18, as restrictions for the Australia student visa pertain.

Wondering what you can do then? You can get in touch with the Immigration and Citizenship Department of the Australian government if you need an exemption from the current age restriction for student visas to Australia.

Documents Required for Obtainning Australian Student Visa

What selection of documents should you keep handy before your student visa application process begins? According to the Australian Government's Immigration and Citizenship Department, you should begin before 90 days. This will give you ample time to gather all the documents.

Enlisted below are the documents needed for an Australian student visa:

  • The application for a lengthy stay of over 90 days.
  • A copy of a current passport.
  • Two 51mm x 51mm passport-size photos.
  • Confirmation of enrollment (COE).
  • Registration letter from the Australian university to which you have applied.
  • A CV/Resume and a cover letter or SOP outlining the study project you intend to pursue.
  • Evidence of funds for at least one year's worth of living and educational costs, or the entire program.
  • Overseas health insurance receipt (OSHC) with Australian coverage receipt.
  • If you are spending over six months studying in Australia, a copy of your one-way airline ticket.
  • Photocopies of all academic diplomas, certificates, and other credentials required for your study in Australia, including your degree.
  • From your home country, a certificate of no criminal history.
  • Application for a Non-Immigrant Visa.
  • Application fee payment receipt.
  • Current digital photos.
  • A copy of your IELTS, TOEFL, or PTE score card if you are from a non-English speaking nation.

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How Much Funds are Required For Australian Student Visa?

For the duration of your stay in Australia, you must provide proof of sufficient finances that were available three months before the date of application. For a student visa to Australia, these may include records of employment from before you submitted your application, such as tax returns, reports, bank statements, or other financial records.

The minimum funds needed for an Australian study visa is AUD 21,041 (INR 11,21,555), according to the Australian government. You can show your eligibility for an Australian student visa fund in several ways, including

Funds not Accepted

Funds Accepted

KVP, NSC, Capital Account in business

Fixed Deposits

Shares, debentures, bonds,

LIC surrender value

Balance in Savings Account

PPFs, EPF, GPF, PF, and CPF

Education loan

Co-op bank balance and FDs

Personal loan (but disbursed fully)

The money spent on the issuance of a student visa is unavoidable. However, you can save cash by applying for application fee waivers and scholarships at your university!

Australia Requirements for Study Visa: English Language Test

You must take the English Language Test (ELT) if you are not a native English speaker or a permanent resident of a non-English speaking nation. There are various ELT tests, and you must take the ELT that the Australian university has mandated for your course. Below, we have included information on the PTE and IELTS requirements for students applying for visas to study in Australia, among other tests.

English Language Test

Minimum Overall Score

IELTS

5.5

TOEFL

46

Cambridge English Test

162

PTE

42

Occupational English Test

‘B’ for each test component

Demonstrating English proficiency is elemental to studying or working in any abroad country. Scores on the ELT need to meet the university requirements. Rarely, the universities do waive the requirements for international students. This happens solely when they have studied from certain boards, like IGCSE, ICSE, etc.

Also see: Post-Study Work Permit In Australia.

From the Desk of Yocket

The student visa application process is dreadful. The fear of whether or not the visa will be granted haunts almost everyone. However, Australia has always been warm and friendly to international students. The Australian student visa process is considered to be the easiest when compared to others.

If you feel overwhelmed or lost, Yocket Premium is at your service! The experts can help you gather the right documents in the correct timeframe, smoothing the entire student visa process for you. They can also help you find the universities that best match your profile. The advantages are unlimited!

Suggested: Become A Premium Yocketer Now!

Frequently Asked Questions About Study In Australia Visa Requirements

What is the maximum period for which a student visa is valid as per Australian study requirements?

Is it difficult to get an Australian student visa?

After completing my studies as an international student at an Australian university, for how many years can I stay in Australia?

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