What are the acceptable sources fo funds for study in Australia? How much old the funds sould be? Who can sponsor the study of the student?
Richa
Meeting financial requirement is a mandatory requirement to study in Australia. It required as it shows that student or his/her family has sufficient fund to pay the course fee, travel and living expenses. The application can be refused if the student fails to show the same.
Following are the acceptable sources of funds are:
Student can show the funds held in his/her name or funds can be held in the name of the other person who is sponsoring the studies of the students provided you show the evidence of your relationship with them.
There is an approved list of sponsors, typically blood relatives can sponsor the study of the student but there is exception to this.
Nishid
