Genuine access to funds

You and your accompanying family members must demonstrate that you will have access to the funds while you are in Australia.

Some examples of how to evidence genuine access include:

  • When another person or business is providing funds, show evidence of the relationship and any history of financial support provided to the student or any other students. It is also good practice to provide identity documents for the person providing the funds or evidence that the business is currently operating.
  • If relying on a money deposit, any recent large deposits must be explained. You may also consider explaining ongoing deposits – like wages.
  • If you have an education loan to cover tuition fees or living expenses (such as accommodation) disbursement should occur according to the agreement between the bank, provider and yourself. Evidence of any disbursement which occurs before the visa application has been finalised, should be provided. Evidence of the terms of the loan and the full amount of the loan that will be disbursed should be attached.
    • Providers should be aware of the conditions placed on the education loan. Some loans offer deferred repayment against future earnings of the student and are conditional on the student studying only the stipulated course as that provider.
  • If you are relying on another type of loan, you may consider showing evidence of collateral used to get the loan, the terms of the agreement and capacity to cover ongoing costs. The best evidence of genuine access for a loan is full disbursement.