The bank balance required to study in the UK depends on your chosen course, the university, and your visa type.
Tier 4 Student Visa Requirements
To obtain a Tier 4 Student Visa, you must demonstrate you have enough funds to cover your tuition fees and living expenses. The exact amount varies, but you'll generally need to show you have access to:
- £1,023 per month for living costs in London.
- £821 per month for living costs outside London.
These amounts are based on the Home Office's guidelines and are subject to change.
Proving Your Finances
You can demonstrate your financial resources through:
- Bank statements: These should show sufficient funds for the duration of your course.
- Sponsorship letter: If someone else is financially supporting you, you'll need a letter from them confirming this.
- Scholarship or grant awards: Proof of any scholarships or grants you've received.
Additional Costs
Remember to factor in additional expenses, such as:
- Tuition fees: These vary depending on the course and university.
- Travel costs: Flights, accommodation, and transportation to and from the UK.
- Insurance: Health insurance and other necessary coverage.
- Course materials: Textbooks, stationery, and other supplies.
- Personal expenses: Food, entertainment, and leisure activities.
Checking Specific Requirements
For the most accurate and up-to-date information, always refer to the UK Visas and Immigration (UKVI) website and the specific university's website.
Examples
- Example 1: If you're studying a one-year course in London, you'll need to show you have at least £12,276 (£1,023 x 12 months) in your bank account.
- Example 2: If you're studying a two-year course outside London, you'll need to show you have at least £19,704 (£821 x 24 months) in your bank account.
Remember: These are just examples. The actual amount you need will depend on your individual circumstances.