The applicant needs to have enough money genuinely available to support oneself, the student and accompanying children for the duration of stay in Australia. The applicant is required to declare this in the visa application.
If the applicant is required to provide evidence of financial capacity, s/he can demonstrate this by providing one of the following:
- evidence of funds to cover travel to Australia and 12 months’ living, course and (for school aged dependants) schooling costs for the student and accompanying family members
- evidence of meeting the annual income requirement
The applicant must have genuine access to funds. The funds shown in the visa application must be available for use and must come from an acceptable source.