FINANCIAL MAINTENANCE REQUIREMENTS FOR TIER 4 GENERAL STUDENT VISA APPLICANTS*

For courses of nine months or more, applicants must show evidence of funds to cover fees for the first year of the course plus living expenses of 7,200 (in London) or 5,400 (outside London). For courses of less than nine months, applicants must show evidence of funds to cover fees for the full course plus 800 per month (in London) 600 per month (outside London) for each month of study. An applicants Confirmation of Acceptance for Studies (CAS) should indicate tuition and accommodation fees already paid, which will be deducted from the amount required. If details of money paid are not on the CAS, applicants should provide an original paper receipt issued by their sponsor confirming the amount paid. An applicants funds must be in a bank account in the applicants own name or in the name of their parent/legal guardian. A joint account is also acceptable provided the applicant or their parent(s)/legal guardian(s) is specifically named as one of the account holders. If the bank account is only in the name of the parents/legal guardian, the applicant must provide an original of their birth certificate, family registration or court document and a letter of financial consent from their parent/guardian. Applicants may alternatively show proof of a loan from a regulated institution, in their own name. Funds must be in cash funds. Financial instruments such as shares, bonds, overdrafts, credit cards, insurance and pension funds are not acceptable. Applicants must show that they have held the money for at least a consecutive 28 day period finishing on the date of the closing balance. The date of the closing balance must not be more than one month before the date the application was lodged at a visa application centre. Funds must not have dropped below the required amount on any day of the 28 day period. The funds evidence needs to demonstrate this. If the evidence is not an itemised bank statement or bank book showing the transaction history over the 28 day period, (e.g.: if it is a fixed deposit certificate) applicants must produce a recently dated supporting letter from their bank that includes: - Confirmation of sufficient funds to meet the maintenance criteria and that these funds
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* As at 28 July 2010 - refer to our websites for most up to date guidance

have been maintained in the account covering a consecutive 28 day period ending no more than one month before the date of application lodgement. - Students name or their parents/ legal guardians name - Account number - Date of the letter

- Bank/financial institutions name and logo Financial evidence must be original documents with bank name, bank logo, date, account number, applicant name and contact details. On-line bank statements are not acceptable unless they have the official stamp of the bank on each page or they are accompanied by a letter from the bank on headed paper confirming their authenticity.

EvIdENCE OF FUNdS ExAMpLE TIER 4 GENERAL STUDENT VISA APPLICANT

12 month Course Fees ................................................................. 30,000 Financial maintenance requirements for first year living in London.... 7,200 Total required............................................................................... 37,200 Date of Visa Application Lodgement at Visa Application Centre ........ 12th June 2010

Insufficient funds example

Statement Date: 5th May 2010 date 6th April 11th April 15th April 22nd April 24th April 26th April 29th April 3rd May 5th May 6,200 300 4,200 Closing balance 6,400 7,200 4,200 12,800 Credit debit Online bank statement Balance 39,500 (brought forward) 26,700 33,100 40,300 36,100 42,300 42,600 46,500 46,500

O O O

Not an original bank statement showing bank logo, bank name and bank contact details. Necessary balance has not been maintained for a consecutive 28 days.

Date of closing balance is more than one month prior to application lodgement at VAC.

Sufficient funds example

Statement Date: 11th June 2010 date 12th May 20th May 22nd May 24th May 27th May 30th May 3rd June 11th June 4,200 Closing balance 650 1,250 300 200 500 Credit debit Balance 39,500 (brought forward) 39,700 39,200 39,850 38,600 38,300 42,500 42,500

P P P

Original bank statement showing bank logo, bank name and bank contact details. Sufficient funds have been maintained in account for a consecutive 28 day period. Date of closing balance is not more than one month prior to application.

For full guidance on financial maintenance requirements and information on requirements for Tier 4 Child student applicants visit: www.ukvisas.gov.uk/en/howtoapply/infs/ inf29pbsstudent
Produced August 2010

For further information on UK visas visit: www.ukba.homeoffice.gov.uk/visas