How much proof of deposit do you need to study in Australia?

Studying in Australia requires a deposit certificate of about 40,000-80,000 Australian dollars (equivalent to 200,000-400,000 RMB).

The deposit amount required by the Australian Immigration Bureau for studying abroad visa should not be less than the sum of all tuition fees and living expenses in the three years before studying abroad, and the total amount should cover all expenses during the whole study abroad period. The specific amount is: your tuition+your living expenses (12000 Australian dollars per year) multiplied by your study abroad time. If the study time is less than 3 years, the deposit amount shall not be less than the sum of tuition and living expenses of all courses.

Because the proof of funds has been issued, this part of the money can no longer be used. It is suggested that students studying in Australia freeze their funds twice.

Study abroad loan:

1, study abroad loan Australia provides convenient and flexible deposit forms for international students. Loans for studying abroad can be secured by cash or real estate. If you use cash as collateral, you can generally get a loan of 90% of the mortgage amount.

2. It is worth noting that individual banks also provide mortgage services with 20% margin to obtain full margin loans. But this kind of loan is discouraged. To apply for the issuance of the Notice of Studying Abroad Loan by way of pledge, a pledge that meets the conditions of private bank pledge loan shall be provided. The original certificate of ownership of the mortgaged property that meets the conditions of the bank's private property mortgage loan shall be provided.