Almost every student visa requires proof of funds: evidence that you can pay for your tuition and living costs. Getting this right is one of the most common reasons visas are approved or refused.
What is proof of funds?
Proof of funds is documentation showing you have access to enough money to cover your studies, usually for the first year. It reassures the visa office that you will be able to support yourself.
How much money do you need?
The amount is roughly one year of tuition plus living costs. Estimate yours with our cost of studying abroad figures and the country comparison tool. Some countries set a fixed minimum, such as a blocked account in Germany.
What documents count as proof of funds?
Common documents include recent bank statements, a sponsor letter with their statements, scholarship or loan letters, and fixed-deposit certificates. Funds usually need to have been held for a minimum period, so do not move large sums in at the last minute.
Tips to avoid a refusal
- Show stable funds held for the required number of months.
- Use clear, officially stamped statements.
- Include a sponsor letter if the money is not in your name.
- Convert amounts to the required currency and meet the exact minimum.
Read the full student visa guide and check terms in our glossary.