Many Pakistani students prefer Australia as a study option. It provides an excellent student lifestyle with a high-quality education. However, getting a student visa calls for proof of your ability to pay for your education and stay. 

A bank statement is one of the key requirements. It shows the Australian government that you can support yourself financially while studying. 

Here, we’ll help you understand the money you need for the visa. It also covers required documents and useful tips for success.

What is a Bank Statement for an Australian Student Visa?

It is an official paper from the bank that lists your deposits and spending. It shows you have sufficient money for tuition, living fees, and other expenses for the Australian student visa (Subclass 500). 

The statement must be in your name or your sponsor’s name, especially if it is current, lasting the past three to six months.

Why is a Bank Statement Important for an Australian Student Visa?

The Australian government needs proof that international students can support themselves. If a student does not have enough money, it can be hard to live and study in another country. 

A bank statement assures the visa officer of your financial ability. Lacking proof might result in rejection of your student visa. So, the procedure for applying is greatly impacted by this.

How Much Money is Required for an Australian Student Visa from Pakistan?

The money you need to show in your bank statement depends on your course length and where you will live. It also changes if you have a partner or child going with you. Here’s a detailed overview:

• Tuition Fees

You should have enough money to pay your tuition for the first twelve months of your program. In case your course is less than one year, you have to show funding for the whole course length. The exact amount changes depending on the school and program.

• Living Expenses

As of May 2025, the minimum living expenses for a student visa are AUD 29,710 for a single student. Add AUD 10,396 for a partner and AUD 4,449 for one child. These amounts cover living costs for one year.

• Travel Costs

You must also show funds for travel expenses. The estimated cost for a flight from Pakistan to Australia is around AUD 1,000 to AUD 2,000 or more. This amount helps cover the travel costs for your journey to study in Australia.

• Total Estimated Bank Balance

So, the total money required in your bank statement can be around AUD 60,000 (approx). In Pakistani rupees, it is approximately PKR 9.5 to 10 million, depending on the exchange rate.

How to Show Proof of Funds for an Australian Student Visa?

There are different ways to prove that you have enough money.

• Personal Bank Account

This is the most common method. Submit a personal bank statement showing the required amount.

• Parents’ or Guardians’ Bank Account

If your parents are supporting you, submit their bank statement. Also, attach a testimony and relationship proof.

• Fixed Deposit

Some students use fixed deposit certificates. Make sure the deposit is in your or your sponsor’s name and can be withdrawn easily.

• Loan Letter

If you took a student loan, submit the official loan approval letter. It must show the amount and purpose of the loan.

• Scholarship Proof

If you got a scholarship, include the award letter. It must mention the amount and what it covers (tuition, living, etc.).

The Documents Required with the Bank Statement

Submitting a bank statement also requires you to provide specific supporting documents. These help prove that the bank statement is real and belongs to you.

• Official Bank Statement (last 3–6 months)
• Bank Letter confirming account details and balance
• Proof of Income (if applicable)
• Fixed Deposit Receipts (if applicable)
• Loan Approval Letter (if using an education loan)
• Scholarship Award Letter (if applicable)
• Sponsor’s Bank Statement and Affidavit (if someone else is funding your studies)
• Tax Returns of the sponsor (if applicable)

Other Requirements for Pakistani Students

Students from Pakistan might have to do some extra things. This help the visa officer to better know your profile.

• Statement of Purpose

An SOP is a short personal essay. It explains why you want to study in Australia, your course choice, and future goals. It should be honest, clear, and well-structured.

• Genuine Temporary Entrant Requirement

This means that you have to show your intention to remain in Australia temporarily for study reasons. It involves showing close links to Pakistan, including family, property, or a job offer.

• Overseas Student Health Cover

OSHC is required to cover medical costs paid in Australia. This is mandatory for all international students.

• English Language Proficiency

Tests like IELTS or TOEFL help you to show proof of your English language ability. Your course and university determine the needed scores. The majority of universities require a 6.0 or 6.5 overall band.

Australia Student Visa Processing Time

Processing times for Australian student visas might differ. For applications filed outside Australia, the usual processing time as of March 2025 is around 42 days. 

Though, to avoid any delays, it’s best to apply in advance of your course beginning date.

Common Mistakes to Avoid

The majority of students do minor mistakes that might result in visa rejection. Avoid these common errors:

• Submitting an old bank statement.
• Using a sponsor without legal proof.
• Showing incomplete or unclear documents.
• Not providing a clear source of funds.
• Using a temporary or inactive bank account.

Final Tips for Pakistani Students

If you are applying for an Australian student visa from Pakistan, keep these tips in mind:

• Keep your bank account active for 3–6 months.
• Avoid large one-time deposits without explanation.
• Start collecting documents early.
• Use a reliable education consultant.
• Be honest and clear in your GTE statement.
• Double-check all financial documents before applying.

Conclusion

Getting an Australian student visa from Pakistan in 2025 will depend on how well you arrange your financial documents. Keep yourself confident to understand every guideline. 

Keep your papers complete and up to date. This can help you get your visa faster. Always give correct information. In case, you have any confusion, find a professional. A solid strategy improves your chances of success.

FAQs

Is bank statement verification required by the Australian Embassy for student visas?

Yes! The embassy can verify the reliability of your bank statement. They could get in touch with the bank to verify it.

Which bank is acceptable for Australia student visa?

Banks that are well-known and government-approved in Pakistan are accepted. Examples: HBL, UBL, MCB, and Standard Chartered.

Can I get Australian student visa without bank statement?

No, you must show proof of funds. A bank statement or other financial proof is required.

What is the minimum bank balance for Australia visa?

You need around AUD 40,000 to 45,000 (about PKR 75 to 85 lakhs) for one year.

How much income tax return is required for an Australian student visa?

There is no fixed ITR limit, but it helps if you or your sponsor show regular income. It proves the money is legal.