What are the financial requirements for an assessment Level 3 student visa (i.e. Nepal [University only], Philippines)?
In order to obtain an Assessment Level 3 visa you must have enough money to pay for travel, tuition and living expenses for yourself, your spouse and your dependent children for the duration of your stay in Australia. You must show proof that you can meet these financial requirements for the first 24 months of your stay in Australia. If you have completed 75 percent of your course and are applying to renew your student visa, you do not need to show your savings history. The table below outlines the amounts in Australian dollars (AUD$) that you need access to. These amounts are the minimum required for this visa. They do not necessarily represent the cost of living in Australia. As an example for a student with no dependents, if you are enrolled in a 3 year Degree course which costs $15,000 per year. You will be required to have – Tuition fees of $15,000 x 2 years ($30,000), return flight ($2,000) and 2 years living expenses $12,000 x 2 ($24,000) = total of $56,000 (less any deposit or