Students With Fewer Funds Can Avail Australian Student Visa

30 Sep 2011

Government of Australia has reduced the financial restrictions in the immigration norms for encouraging overseas students to come and pursue their higher studies in Australia. According to the new amendment, students with low financial resources can now apply for higher education visas.

Michael Knight’s reforms state that valid students will be permitted visas even if they don’t have sufficient funds to provide evidence to the immigration authorities.

Prior to this amendment in visa rules, students applying for Australian student visa mandatorily required to show $100,000 but now students coming for next session need to manage only tuition fees and living expenditure in the country.

According to the immigration authorities, students coming for vocational courses especially from India and China need to show $36,000 less. But the Universities in Australia have recommended that applicants should at least show minimum $18,000 for their yearly expenses. The authorities also said Universities will provide job opportunities to the deserving candidates. Graduating students with bachelor degree will be allowed to work for 2 years.