​​​From 10 May 2024, the amount of money that Student and Student Guardian visa applicants need to have to be eligible for the visa is increasing. 

The new financial capacity requirement is now AUD29,710. This adjustment reflects changes aimed at ensuring applicants possess adequate financial resources to support their education endeavors. Consequently, we will be utilising this updated requirement as a benchmark for evaluating student financials. For further details, please refer to the Department of Home Affairs website.