Student Visa Financial Requirements for Bangladeshi Students: UK, Australia, Denmark

Student Visa Financial Requirements for Bangladeshi Students UK, Australia, Denmark & More

When planning to study abroad, one of the most critical requirements for securing a student visa is proving that you have sufficient financial resources. Immigration authorities in countries like the UK, Canada, Australia, Denmark, Sweden, New Zealand, and Malaysia require international students to demonstrate that they can cover tuition fees, living expenses, and additional costs for the duration of their studies. For Bangladeshi students, understanding these requirements is essential to avoid visa rejections and ensure a smooth application process.

This article explains the required bank balance for student visas in these countries for the 2026/2027 academic year. It provides detailed information on tuition fees, estimated living costs, total required funds, and acceptable proof of finances, along with practical tips to meet visa requirements efficiently.

Statistic Insight: According to the UK Home Office, international students must show at least £10,224–£13,347 for living expenses, depending on whether they study inside or outside London. Similarly, Canada’s Immigration, Refugees and Citizenship Canada (IRCC) requires a minimum of CAD 22,895 for a single student’s living expenses per year. Across other destinations, the required amounts range from AUD 21,041 in Australia to NZD 33,000 in New Zealand, reflecting each country’s cost of living and tuition standards.

Country	Tuition Fees	Living Expenses	Total Funds Required	Proof of Funds	Notes
UK	As per the CAS letter	£1,136/month (outside London)	Tuition + £10,224/year	Bank statements, sponsorship letters, student loans	Funds must be held for 28 consecutive days before applying.
Australia	Varies by institution	AUD 21,041/year	Tuition + AUD 21,041/year	Bank statements, GIC, student loans	Funds should be in the bank for at least 3–6 months before application.
Denmark	Varies by programme	DKK 6,500–7,000/month	Tuition + DKK 78,000–84,000/year	Bank statements, scholarship letters, and financial support documents	Must show funds for at least one year of study.
Sweden	SEK 100,000–140,000/year	SEK 8,370/month	Tuition + SEK 100,000–140,000/year	Bank statements, scholarship letters, parental support letters	Funds should be in a Swedish bank account or an accessible account for at least 3 months before a visa application.
New Zealand	NZD 18,000–25,000/year	NZD 20,000/year	Tuition + NZD 20,000/year	Bank statements, GIC, and education loan approval	If bringing dependents, an additional NZD 7,000–8,000 per person/year is required.
Malaysia	MYR 25,000–40,000/year	MYR 1,500–2,500/month	Tuition + MYR 43,000–70,000/year	Bank statements, sponsorship letters, scholarship letters	Some banks may require proof of financial capacity for visa processing.

Notes:

Tuition Fees: The exact amount varies depending on the course and institution. It’s essential to refer to your Confirmation of Acceptance for Studies (CAS) letter or offer letter from the respective institution for precise figures.
Living Expenses: These are estimated monthly costs for accommodation, food, transportation, and other personal expenses. They vary based on the city and lifestyle.
Total Funds Required: This is the sum of tuition fees and living expenses for the duration of the course. Immigration authorities require proof that you have access to these funds.
Proof of Funds: Acceptable documents include bank statements, sponsorship letters, scholarship award letters, and education loan approval letters. Ensure that these documents are recent and clearly show your name, account number, and the balance.
Additional Requirements: Some countries may have specific requirements, such as holding funds for a certain period before applying or transferring funds to a local bank account.

Country-Wise Financial Breakdown

1. United Kingdom (UK)

Tuition fees vary by university and course; refer to your CAS letter.
Living expenses: £1,136/month outside London, £1,483/month inside London.
Funds must be in a UKVI-approved bank for at least 28 consecutive days.
Proof can include bank statements, parental or sponsor letters, or student loans.

2. Australia

Tuition ranges: AUD 15,000–25,000/year for most programs.
Living expenses: AUD 21,041/year (single student).
For dependents: AUD 7,362 for partner, AUD 3,152 for each child per year.
Proof: bank statements, education loans, or GICs held for 3–6 months.

3. Denmark

Tuition fees vary; check your admission letter.
Living expenses: DKK 6,500–7,000/month.
Funds must cover at least one year of study.
Proof: bank statements, scholarships, or financial sponsorship documents.

4. Sweden

Tuition: SEK 100,000–140,000/year for most Master’s programmes.
Living expenses: SEK 8,370/month.
Funds must be in a Swedish or an accessible account for at least 3 months.
Proof: bank statements, scholarship letters, parental sponsorship.

5. New Zealand

Tuition: NZD 18,000–25,000/year.
Living expenses: NZD 20,000/year (single student).
Dependents: NZD 7,000–8,000 per person/year extra.
Proof: bank statements, GIC, and education loan approval.

6. Malaysia

Tuition: MYR 25,000–40,000/year.
Living expenses: MYR 1,500–2,500/month.
Total funds required: MYR 43,000–70,000/year.

Proof: bank statements, scholarship letters, sponsorship letters.

Are you a Bangladeshi student planning to study abroad in the UK, Australia, Denmark, Sweden, New Zealand, or Malaysia? Navigating student visa financial requirements can be confusing, but you don’t have to do it alone.

Our expert education counsellors at UniEducation are here to help you:

Calculate the exact bank balance and funds required for your chosen country.
Prepare bank statements, sponsorship letters, and scholarship documents that meet visa standards.
Identify the best universities and programs for your academic goals.
Guide you step-by-step through the visa application process to maximize your chances of approval.

Book a free consultation today and get personalized guidance to secure your student visa confidently and start your study abroad journey with peace of mind!