After Canada and Australia increases funds needed for student visa

After Canada recently increased the funds required for student visas, Australia has made a similar decision.Effective on May 10, 2024, students applying for Australian visas are required to show funds equivalent to 75 percent of the national minimum



wage.

Australia increases fund requirement for student visas by over 21 pc

Currently, the fund required for an Australian student visa for the primary applicant is AUD 24,505, which will be increased to AUD 29,710 after May 10, 2024. This marks a hike of over 21 percent.