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UK Financial Requirements

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International students must document their ability to fund their education and living expenses whilst overseas. You are not required to show proof of funds for the entirety of your studies; however, a source of funds will need to be evidenced for future payments. Any part time work undertaken whilst overseas cannot be used to demonstrate proof of funds. Please review the following items prior to submitting financial documentation to a university or immigration official.

  1. Financial documents must be originals copies where possible. The funds should be visible on official letterhead and include an authorised stamp and / or signature. Scanned documents might be accepted but are not advised due to an increased risk of visa rejection. 

  2. The date for all financial documents must be recent. The UK requires documents to be submitted in the 28 days prior to visa lodgement; however, submitting financials that exceed the 28 day minimum is advisable. Failure to do so may arouse suspicion from the university and visa office. 

  3. Financial documents must be in English or include an official English translation.

  4. The amount evidenced must be equal or greater than the requirements set out by the government guidelines. It’s always best to evidence more funds than required. 

  5. Financial documents will need to be in a liquid form. Producing life insurance documents, gold deposits, share certificates and bonds can lead to questioning and suspicion from an immigration official. 

  6. The UK government requires different amounts to be evidenced based on your location being within London or outside of London. 

Financial Evidence Required 

Students pursuing an education in the United Kingdom need to provide financial evidence to cover the following:

  • Cost of Living: £9,207 – £12,006 per year. 

  • Tuition Fees: Evidence of one years fees. 

  • Flight Tickets: £1,000.

Students can deduct the scholarship and / or deposit amount paid towards their tuition fee as part of their financial evidence.

I hope you found the information on our Study in United Kingdom page useful. StudyOverseasNow.com are study abroad education agents that specialize in providing expert advice throughout the consultation and application process. If you would like to Study in the United Kingdom and hope to secure a significant scholarship or study grant at a UK university book a FREE Consultation with an experienced education & career counsellor to find out what overseas study options are available. We look forward to helping you start your journey to a brighter future.

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