For Studying in the UK
Money you need
You must have enough money to pay for your course and support yourself in the UK.
You need enough money to pay for your course for 1 academic year (up to 9 months).
The amount you need to pay will be on your Confirmation of Acceptance for Studies (CAS).
If you’ve been in the UK with a valid visa for at least 12 months, you do not need to prove you have this money for your visa application.
Money to support yourself (‘financial requirement’)
You’ll need to show you have enough money to support yourself - unless you’ve been in the UK with a valid visa for at least 12 months on the date of your application.
How much money you need depends on where you will be studying. You’ll need either:
- £1,334 per month (for up to 9 months) for courses in London
- £1,023 per month (for up to 9 months) for courses outside London
You’ll need to prove you have extra money for each family member you bring with you.
You must have this money for at least 28 consecutive days. The end date of the 28-day period must be within 31 days of the date you apply for your visa.
Example: If you submit your application on 1 January 2024, you’d have to show that the funds were in your bank account for at least the 28-day period ending on 1 December.
If you have a student loan or financial sponsorship, you’ll need to provide evidence of this from your loan or sponsorship company.
Read the guidance on finances for student applications for more information about the money you need and how to prove it.
When you do not need to prove you have money to support yourself
- you’ve had a UK visa for 12 months prior to the date of your Student visa application - you must currently be in the UK
- you’re applying as a student union sabbatical officer
- you’re applying as a postgraduate doctor or dentist on a recognized foundation program
You do not need to prove the financial requirement if:
For Studying in the Canada
Minimum Amount to Study in Canada, 2023-24
To study in a Canadian high institution in 2023-24, international students require proof of funds of at least $25,000 in their bank accounts or their sponsor’s account statement. Additional funds are necessary for the accompanying spouse and each dependent child.
Canada is a significant destination for international students abroad to acquire quality education. Canada has not only quality education but also some arrangements for students willing to continue staying in the country after graduation. To pursue studies in Canada, proof of sufficient funds is required to cover tuition and living expenses.
Your chances of success when applying for a student visa or study permit rely heavily on your ability to support yourself financially when you land in Canada. Therefore, proof of unencumbered funds during your stay in Canada is essential. This means you will be required to show a total of $25,000 to support your application for your Canadian study permit.
So, you need to show that you can support yourself (with your spouse or family member accompanying you if there are any) while you are studying in Canada.
Proof of Financial Support for International Students
- Evidence of a bank account in Canada that’s in your name if money has been transferred to Canada.
- Proof of an education/student loan from a financial institution.
- Your bank account statements for the past six months.
- A bank drafts.
- A letter from your sponsor or institution providing you with the fund.
- Evidence of funding paid from within Canada if you are in a Canadian-funded educational program or have a scholarship.
Proof of sufficient funds or financial support can be shown through any of the following:
- If you and two family members want to come to a province outside Quebec for a year, you will need
- living expenses: $10,000 (for the student)
- living expenses: $4,000 (for the first family member)
- living expenses: $3,000 (for the second family member)
- Total: $17,000
Example of fund requirement: How much money do I need to show for a Canadian student visa?
- If you and two family members (over the age of 18) want to come to Quebec for a year, you will need
- living expenses: $11,000 (for the student)
- living expenses: $5,100 (for the first family member)
- living expenses: $5,125 (for the second family member)
- Total: $21,225
An employment letter that proves how much your sponsor makes or a statement from your sponsor that shows they will support you may not be sufficient proof of funds to the immigration officer.
This is because neither of these documents proves that money is available to sponsor you. That is why bank account statements showing fund balance and source of the financial funds are one of the best proof of funds when applying for a study permit for Canada.
Who can Sponsor a student in Canada?
Do not forget that your sponsor can be your parents, relatives, or guardian. The point here is to prove that the stated funds in the sponsor’s letter are indeed available through bank financial statements and that the sources of the fund are genuine and can be traced. It is also essential to include evidence of your relationship with your sponsor.
Documents accepted as proof of funds in 2022-23
Below is a list of financial documents readily accepted as proof of funds for a Canada study visa application. Any four documents may be combined with another to establish sufficient evidence of funding unless an IRCC Visa Officer requests a specific account/ deposit.
- Bank Account Statements
- Loan Approval / Disbursement Letter
- Scholarship Letters
- Loan Capability Certificate
For Studying in Europe
If you are looking to study in Europe for a period of fewer than three months, you should apply for a standard Schengen Visa that will allow you to travel throughout its member states. However, if you want to study for longer, you should apply for a Long-Stay National Student Visa from the embassy of the country you are planning to study in
What documents will I need to get a Schengen Student Visa?
The mandatory documents required to obtain a Long-Term D-type Student Visa are:
- valid passport (issued within the last 10 years and with at least 12 months validity left after the scheduled return)
- 1 copy of your passport’s data page (A4 size copy)
- 3 passport pictures according to biometric specifications
- cover letter from applicant explaining the exact purpose and duration of stay
- letter of admission from university
- proof of payment of study fees, if applicable
- proof of language proficiency in English and/or the language of the host country
- proof of other academic qualifications, if applicable
- travel health insurance covering the period from your departure to the date of enrolment at the university (mentioned in your letter of admission) (approx. 3 months)
- proof of financial means to cover the costs for the time of your studies by one of the following documents:
1. confirmation of scholarship/ stipend
2. “Verpflichtungserklärung” (formal obligation letter) by sponsor living in Germany
Countries also have their own student visa criteria that must be met if you want to study there:
For example, students in Italy must prove they have the financial support of at least €448 per month for the duration of studies. Those studying in Italy must also obtain a residency permit. Getting a visa to study in Germany requires proof you have the funds: an average student needs to live on - €853 per month. You will have to pay a processing fee of €75 via a bank transfer to study in Germany too. You can apply for your visa at your host country’s embassy, consulate, or visa application center and may have to attend an interview.
Is there anything else I need to apply for a Schengen student visa?
If you are a student at an institution in your home country, planning to travel to the Schengen Area to study for a period, you may want to get a no objection letter from officials at your university. This is a short letter stating that they have ‘no objection’ to you traveling as they expect you to return to your studies after your trip. It can help with your visa application as it helps confirm that you will not overstay your Schengen student visa. You should ask someone in a position of responsibility for this.
How much time does it get to obtain a Schengen student visa?
The processing of your application will take six to eight weeks. We advise you to apply well in advance of the proposed beginning of your studies.
Can I work while I study?
Working while in a country on a student visa is against the law without securing an employment visa from your host government. Therefore, you can combine studying with work. For example, in France, the law authorizes foreign students to work 964 hours, which corresponds to 60 percent of normal working hours. However, part-time work will not be sufficient to cover all your expenses and should be considered as a secondary source of income. Violating these rules could seriously jeopardize your studies and future employment prospects, as breaking local immigration laws may result in a travel ban.
Can I extend a Schengen student visa?
A Schengen student visa can be extended only in some very specific cases, such as late entry, humanitarian reasons, important personal reasons, or some kind of unforeseeable circumstances. You cannot extend your Schengen student visa for the purpose of continuing your studies.
If you do wish to continue your studies beyond the original period planned, you will have to return to your home country or country of residence and apply for a long-stay study visa.
General Conditions for Scholarship Application:
- The applicant must be a Saudi national.
- The applicant must have good conduct.
- The applicant must have an acceptance letter from one of the specified educational institutions, in accordance with the conditions of the selected track.
- The intended specialization must be within the specific disciplines specified for the year of scholarship application, according to the conditions of the selected track.
- The study pattern must follow the specifications of the selected track.
- The approved controls for each track apply to the accepted program.
- The applicant must be a full-time student and reside in the country of scholarship.
- The applicant must pass the policies and standards of differentiation and preventing overcrowding set by the Ministry of Education.
- A person currently on a scholarship mission may not be sent for another scholarship, but they are allowed to apply.
The scholarship is open throughout the year, and no specific deadline for application is mentioned. Applications must be submitted through Safeer, a government website. Only students can apply for the scholarship by completing the application form and uploading the unconditional offer from one of the universities listed earlier. We do not have access to this website as each student must register using their national ID number. Unfortunately, there is no information available on how to expedite the process. Typically, it takes up to 2 or 3 months for the Saudi government to approve the application.
Here is the link to apply for this scholarship: https://safeer2.moe.gov.sa/Portal
There are other scholarships provided by other ministries, but they are limited to highly ranked universities such as Cambridge, Oxford, and UCL.