What is the finance criteria for colleges of Melbourne, Victoria and Adelaide in Australia?
Asked by Kiran Bhatti
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1 Answer
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Answered by
Satish Prabhu Center Director at IMPEL Overseas Consultants | Contributor-Level 10
8 years agoDear Kiran,
The finance criteria for all Universities/Colleges in Australia are the same. The criteria required is by DIAC the visa issuing authority. You should show own or sponsor-owned funds equivalent to the full fees of the course applied for and one year's living costs plus incidentals, currently a total of AUD 20,000/- plus fees and these funds must be at least 6 months old, you may also show student loan and this is the most preferred option. Fees range from AUD 20,000/- to about 30,000/- per annum. So on the higher side, it can be a total of AUD 80,000/- which is about INR 44 lacs.
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