Australia Student Visa (Subclass 500) Financial Requirement Calculator

The calculator follows the Department of Home Affairs “financial capacity” rule for the Student visa (Subclass 500). You must show enough money — or enough income — to cover the first 12 months of your stay for yourself and anyone coming with you. The figures below took effect 10 May 2024 and are the amounts Home Affairs publishes.

1. Living costs (12 months). A$29,710 for the student, A$10,394 for a partner, and A$4,449 for each accompanying child. These are the full 12-month amounts and are not reduced for shorter courses.
2. First-year tuition. The first 12 months of course fees as stated on your Confirmation of Enrolment (CoE). You enter this yourself because it varies by course and provider.
3. School costs. A$13,502 per year for each school-age child (5–18) who will attend school in Australia.
4. Travel. A reasonable airfare estimate — the tool defaults to A$2,500, which you can edit.

The total funds to prove is simply the sum: living + tuition + school costs + travel. There is no rounding and no compounding — every component is additive. The calculator verifies the living-cost portion two ways: once inline and once by summing an explicit per-person list, so a coding error can’t silently change the headline number.

Home Affairs also accepts an income pathway as an alternative to the savings total. If the applicant, their spouse, or a parent has a personal annual income of at least A$87,856 (applicant only) or A$102,500 (with accompanying family), shown with official documentation such as a tax assessment, that income can be used instead of proving the full savings amount. The tool flags whether the income you enter clears the threshold that applies to your family situation. The two pathways are alternatives — you do not add them together.

The optional Sri Lankan rupee view multiplies the AUD total by a rate you set. That rate is indicative only, not a live feed, and your application is assessed on the AUD amount you actually hold — the LKR figure is just for local planning.

• Department of Home Affairs — Student visa (Subclass 500): Meet financial requirements
• Department of Home Affairs — Student visa (Subclass 500) overview & evidence of funds
• Study Australia (Australian Government) — student visa financial-capacity updates

The AUD figures on this page were last cross-checked against the Department of Home Affairs financial-capacity page on 2026-07-18. The current amounts took effect 10 May 2024. Home Affairs indexes them periodically, so confirm on the official page before you lodge. This tool is a planning aid, not immigration advice, and does not assess eligibility or predict a grant.