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Australia Student Visa (Subclass 500) — Financial Requirements

The Australian Subclass 500 student visa requires comprehensive financial evidence. You must show you can cover tuition (as per your CoE), Overseas Student Health Cover (OSHC), living costs, and return travel. Documentation must support your Genuine Student (GS) responses — the requirement that replaced GTE in March 2024.

Financial Requirements

Tuition fees as stated on your CoE, plus AUD 29,710 per year for living costs, AUD 13,502 per year for each school-age dependent, and travel costs. OSHC must also be shown. Funds should be genuinely available and verifiable.

Processing & Documentation

We coordinate with Central Bank-approved Sri Lankan banks to prepare fixed deposit certificates, bank statements (3–6 months), source of funds letters, and sponsorship documentation. Processing typically takes 24–48 hours.

Our Services for Australia Student Visa (Subclass 500)

Complete financial documentation tailored to Australia student visa (subclass 500) requirements

Show Money / Bank Balance

Verified bank balances and fixed deposits formatted for Australia student visa (subclass 500) applications.

Source of Funds (SOF)

Professional source of funds documentation accepted by Australia visa authorities for student visa (subclass 500) applications.

Sponsorship Packages

Complete sponsorship packages for Australia student visa (subclass 500) — bank statements, SOF letters, and support declarations.

Complete Financial Package

End-to-end documentation from bank coordination to embassy-ready submission for your Australia student visa (subclass 500).

Not enrolled yet? Show money comes after your offer letter. Our sister service Lanka Scholar helps Sri Lankan students pick and apply to Australia universities free of charge — including programmes that accept students without IELTS. Come back to us once you have the offer.

FAQs — Australia Student Visa (Subclass 500)

Common questions about show money for Australia student visa (subclass 500)

How much exactly do I need for an Australia student visa?

Your CoE amount for tuition + AUD 29,710/year living + OSHC + travel. For a family, add AUD 10,394/year per partner and AUD 4,449/year per child. We calculate the exact total based on your CoE.

What is the Genuine Student (GS) financial requirement?

The Genuine Student assessment — which replaced GTE in March 2024 — looks at whether your financial situation is consistent with a genuine student. We prepare documentation showing legitimate, consistent source of funds, not sudden large deposits.

Can my parents sponsor my Australian student visa?

Yes. Parental sponsorship is common. We prepare the sponsor's bank statements, income evidence, source of funds, relationship proof, and a declaration of financial support.

Get Your Free Consultation for Australia Student Visa (Subclass 500)

Share your details and we'll prepare a tailored financial documentation plan for your Australia student visa (subclass 500) application. 100% confidential.

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