How much bank balance required for UK Student visa?

The UK government has set financial requirements for student visa applicants to ensure that they have adequate funds to cover their tuition fees and living expenses during their studies in the UK. The specific amount of bank balance required for a UK student visa varies depending on several factors, including the duration and location of your course.

As a general guideline, you must demonstrate that you have enough funds to cover your tuition fees for the first year of study and your living expenses. The UK government has set a minimum living cost requirement, which is currently £1,334 per month for students studying in London and £1,023 per month for students studying outside London. This requirement is applicable for up to a maximum of nine months.

To calculate the required bank balance, you should multiply the monthly living cost by the number of months of your course duration (up to a maximum of nine months). For example, if you are studying in London for a nine-month course, you would need to show a bank balance of at least £11,406 (£1,334 x 9) to cover your living expenses.

It’s important to note that the above calculation is in addition to the funds required to cover your tuition fees for the first year. The specific tuition fees vary depending on the course and institution you are applying to, so it is essential to check the tuition fee amount and ensure that you have sufficient funds to cover this expense.

Furthermore, if you are applying with dependants, such as a spouse or children, you will need to demonstrate additional funds to cover their living expenses. The amount required will depend on the number of dependants accompanying you.

It’s crucial to keep in mind that the financial requirements for a UK student visa may change over time, so it’s advisable to check the official UK government website or consult with the British Embassy or Consulate in Nepal for the most up-to-date and accurate information regarding the bank balance required for a student visa application.