Australia Student Visa Financial Requirements for Indian Students in 2025

Australia Student Visa Financial Requirements for Indian Students in 2025 – Summary

• Minimum Living Expenses: AUD 29,710 (INR 16.3 lakh) required for one year for the primary applicant.
  
  

• Additional Costs:
  
  

  • Return travel: AUD 2,000 - 3,000

  • Tuition fees: First year of study

  • OSHC (health cover): AUD 500 - 700/year
    
    

• Visa Application Fee (Subclass 500): AUD 1,808 (~₹99,440)
  
  

• Other Costs: Medical checks, document translations, etc.
  
  

• Accepted Proof of Funds:
  
  

  • Savings account statements

  • Education loan

  • Fixed deposits

  • Sponsor income and relationship documents
    
    

• Dependents (if applicable):
  
  

  • Spouse: AUD 10,394/year

  • Each child: AUD 4,449/year

  • School-age children: AUD 13,502/year for education
    
    

• English Requirements:
  
  

  • IELTS: Minimum 6.0 overall (no band below 5.5)

  • Alternatives: TOEFL, PTE, Cambridge English
    
    

• Work Limits:
  
  

  • 48 hours per fortnight during study term

  • Full-time during breaks
    
    

• Post-Study Work Visa (subclass 485):
  
  

  • 18 months to 3 years based on qualification

  • Pathway to permanent residency

  • New English requirement: IELTS 6.5; Age limit: 35
    
    

• Tips for Approval:
  
  

  • Start saving early or take an education loan

  • Ensure all documents are accurate and up to date

  • Avoid common mistakes like unverifiable funds or missing translations

 

Australia continues to be one of the most sought-after study destinations for Indian students due to its world-class education system, vibrant multicultural cities, and post-study work opportunities. However, with the recent updates in visa policies, understanding the Australia student visa financial requirements for Indian students in 2025 has become more critical than ever.

This guide provides a comprehensive overview of the latest financial requirements, acceptable documents, and essential tips for a successful visa application in 2025.

What Are the Minimum Financial Requirements for an Australia Student Visa in 2025?

To apply for a student visa, Indian students must show they can financially support themselves in Australia.

As of 2025, you must demonstrate access to sufficient funds. This includes a minimum of AUD 29,710 for your living expenses for the first year (approximately ₹16.35 lakh INR, though the INR amount will vary with exchange rates). In addition to living expenses, you must also show funds for your travel, your first year of tuition fees, and Overseas Student Health Cover (OSHC).

This amount typically covers:

• Living expenses: AUD 29,710 (approx. INR 16,31,540 ) for the primary applicant for one year
  
  
• Travel costs: Sufficient funds for a return flight (e.g., estimated around AUD 2,000 - AUD 3,000 from India, approximately ₹1.10 lakh - ₹1.65 lakh INR)
  
  
• First year of tuition fees for your chosen course
  
  
• Overseas Student Health Cover (OSHC) for the duration of your visa.
  
  

This is known as the Australia student visa savings requirement.

How Much Is the Australia Student Visa Application Fee in 2025?

• The base application fee for the Student visa (subclass 500) is AUD 1,808 (approximately ₹99,440 INR, though the INR amount will vary with exchange rates), effective from April 1, 2025.
  
  
• Additional costs include:
  
  
• OSHC (Overseas Student Health Cover): AUD 500–700/year (₹27,500 - ₹38,500)
  
  
• Medical checks: AUD 200–300 (₹11,000 - ₹16,500)
  
  
• Document translations and certifications
  
  

These costs, while not part of the core financial requirement, are essential for visa processing.

What Proof of Funds Is Accepted by the Australian Government?

To meet the minimum bank balance for an Australian student visa, you can show:

• Personal savings account statements (past 3–6 months)
  
  
• Approved education loan from a recognized bank or NBFC
  
  
• Fixed deposit receipts
  
  
• Bank letters certifying available funds
  
  
• Parent/sponsor’s income proofs and relationship documents
  
  

Note: If documents are not in English, certified translations must be provided.

What If I'm Bringing Dependents?

If you're planning to bring your spouse or children, you’ll need to show additional funds.

Additional financial requirements:

• Spouse or de facto partner: AUD 10,394 per year (approximately ₹5.72 lakh INR).
  
  
• Each dependent child: AUD 4,449 per year (approximately ₹2.45 lakh INR).
  
  
• Furthermore, if a dependent child is of school age (typically 5-18 years), you must also show funds for their annual schooling costs, which is AUD 13,502 per child (approximately ₹7.43 lakh INR).
  
  

This amount must be clearly shown in your financial documents or loan sanction letter.

What Are the Updated IELTS and Work Limits for 2025?

• Minimum IELTS score: 6.0 overall (no band below 5.5)
  
  
• Alternatives like TOEFL, PTE, and Cambridge English are also accepted.
  
  
• Work hours limit: Up to 48 hours per fortnight during term; full-time during breaks
  
  

These policies aim to ensure students maintain academic performance while working part-time.

What Are the Post-Study Work Opportunities?

After completing your studies, you can apply for the Temporary Graduate Visa (subclass 485).

• The Temporary Graduate Visa (subclass 485) may allow you to stay and work in Australia temporarily after graduation. The length of stay typically ranges from 18 months to 3 years, depending on your qualification (e.g., Bachelor Degree: up to 2 years; Masters by coursework or research: up to 3 years; PhD: up to 3 years). Recent government updates have aimed to adjust these stay periods and extension possibilities. It's important to check the latest rules for the specific stream you are applying for, as well as the updated age limit (now 35 for most applicants) and increased English language proficiency requirements (e.g., IELTS overall 6.5).
  
  
• Allows full-time work and a pathway to skilled migration or permanent residency.
  
  

Planning finances for your post-study period is essential, as job searches and accommodation can be costly initially.

Quick Tips to Meet Financial Requirements

• Start saving early to meet the AUD 29,710 (for your living expenses) plus tuition and travel requirement.
  
  
• Secure an education loan if personal savings are insufficient.
  
  
• Apply to universities with affordable tuition and low-cost cities.
  
  
• Keep all financial documents updated and translated (if necessary).
  
  

Common Financial Mistakes That Lead to Visa Rejection

• Submitting low or unverifiable bank balances
  
  
• Not accounting for dependent expenses, including schooling costs if applicable
  
  
• Providing outdated or manipulated financial documents
  
  
• Missing certified English translations
  
  

Avoiding these common errors can significantly increase your approval chances.

 

Final Takeaway

To secure an Australia student visa in 2025, Indian students must demonstrate financial readiness with sufficient funds to cover their first year's living expenses (AUD 29,710 for the primary applicant), travel costs, first year's tuition fees, and OSHC. The total funds required will be significantly more than AUD 29,710. Staying informed of the latest visa costs, English language requirements, and document rules is essential for a smooth process.