In a recent announcement, the new financial requirements for Student and Student Guardian visas in Australia have been revealed. From May 10 2024, the financial capacity requirement rises to $29,710 up from $24,505, for student visa applicants. For spouse it is $10,394 and for child it is $4,449. This adjustment aims to reduce the likelihood of international students facing financial strain upon arrival in Australia.
![Increase in 500 VISA Funds From 10 May 2024](https://myvisaonline.com.au/wp-content/uploads/2024/06/000000000000000000000000000000000000-186.Page_1_Page_1-1.jpg)