Student visa funds by country: official figures with a rupee converter
How much money does each country ask an Indian student to show for a student visa, according to its own government page, and what is that in rupees?
Each government publishes its own figure for the money a student must show, and they are counted differently: per month, per year, or for the whole stay, usually on top of tuition. Re-checked on 30 and 31 October 2026, the figures are £1,529 a month in London (UK), CAD 23,448 a year (Canada), AUD 29,710 a year (Australia), €11,904 a year in a blocked account (Germany), €10,000 a year (Ireland), NZD 20,000 a year (New Zealand) and €877.50 a month (France). The US sets no fixed figure. The converter turns any of them into rupees at the RBI reference rate.
This page may be out of date. It was due for a re-check on 30 November 2026. Confirm every rule with the official source before acting on it.
As of 31 October 2026: we re-read each amount here on the official page linked next to it (Australia's on 30 October). The rupee rates are the RBI reference rates of 8 October 2026. Governments revise these amounts, often once a year, so open the official page again before you pay or apply.
Key figures
Arithmetic only, not financial advice. The converter runs in your browser and sends nothing anywhere. Rupee values use the rates RBI showed at 1:00 pm on 8 October 2026 (source FBIL); your bank's rate on the day you transfer will differ.
RBI reference rates the converter uses
| Country | Amount | Counted as | Official page |
|---|---|---|---|
| UK | £1,529 (London) or £1,171 (elsewhere) | Per month, up to 9 months, held 28 days | GOV.UK: Student visa money |
| Canada | CAD 23,448 (1 person) | Per year, applications from 1 September 2026, outside Quebec | IRCC: proof of financial support |
| Australia | AUD 29,710 (student) | Per year, plus AUD 2,000 travel from India | Home Affairs: subclass 500 |
| Germany | €11,904 | First year in a blocked account; €992 a month withdrawal cap | German Embassy New Delhi |
| Ireland | €10,000 | Per year (first and each later year) | Irish Immigration: student finances |
| New Zealand | NZD 20,000 | Per year (NZD 1,667 a month if under a year) | INZ: student fund requirements |
| France | €877.50 | Per month, from 1 August 2026 | Campus France India |
| US | No fixed figure | Your school sets it before issuing the Form I-20 | Study in the States |
Each row links to the government page it came from. Tuition is extra in every case. Open the row's page before you apply.[1]
The amounts cover different things. The UK counts up to 9 months and wants the money held for 28 days in a row. Canada and Australia count a year of living costs and add more for each family member. Germany wants the year locked in a blocked account with a €992 monthly cap. France counts per month, so a 10-month stay needs ten times €877.50. In all of them, tuition comes on top.[1]
RBI shows reference rates for the US dollar, pound sterling, euro and a few other currencies, sourced from FBIL. It publishes none for the Canadian, Australian or New Zealand dollar. For those, type the rate from your bank's page into the converter, and it does the multiplication.[10]
Tips and tricks
- Convert at your own bank's rate on the day you move the money; the RBI figure is a reference, not a price you can buy at.
- Look at the date on each government page. Canada's figure went up for applications from 1 September 2026.[2]
- Count family members: Canada and Australia add an amount for each person who comes with you.
- Keep the statement trail clean. Most countries read several months of bank history, not one balance.
Questions people ask
Which country asks students to show the most money?
They count differently, so compare like with like. Per year, as re-checked on 30 and 31 October 2026: Australia AUD 29,710, Canada CAD 23,448, New Zealand NZD 20,000, Germany €11,904 and Ireland €10,000. The UK counts £1,529 a month in London for up to 9 months.[1]
What exchange rate does the converter use?
The rates RBI showed at 1:00 pm on 8 October 2026, sourced from FBIL: 96.7733 rupees per US dollar, 127.7414 per pound and 108.3774 per euro.[9]
Why can I not convert Canadian or Australian dollars automatically?
Neither RBI nor FBIL publishes a reference rate for the Canadian, Australian or New Zealand dollar, so you type the rate you see.[10]
Does the US have a fixed proof-of-funds amount?
No. DHS says the student or a sponsor must show enough money for tuition and living expenses, and the school checks it before issuing the Form I-20.[8]
Connected pages
- Related · Study abroadStudy in the US from India: intakes, tests and F-1 papersUS intakes, sample university deadlines, English tests, the F-1 document list and the official SEVIS and visa fees, each linked to its source.
- Related · Study abroadStudy in Canada from India: intakes, PAL and proof of fundsCanada study permit funds (CAD 23,448 from 1 Sep 2026), PAL/TAL, fees, documents and sample university deadlines, each with its official source.
- Related · Study abroadStudy in the UK from India: UCAS dates, CAS and maintenance fundsUK Student visa money (£1,529 a month in London, £1,171 outside), the 28-day rule, fees, CAS, TB test and UCAS 2027 deadlines, with sources.
- Related · Study abroadStudy in Australia from India: intakes, CoE and financial capacityAustralia Student visa (subclass 500) living costs (AUD 29,710 a year), English minimums, CoE and health cover, plus 2027 semester dates, sourced.
- Related · Study abroadStudy in Germany from India: APS, blocked account and deadlinesGermany student visa from India: blocked account €11,904 a year, APS certificate, €75 visa fee, English proof rules and semester deadlines, sourced.
- Related · Study abroadStudy in Ireland from India: deadlines, English and €10,000 fundsIreland study visa: €10,000 a year in funds, €60 visa fee, visa English minimums, document list and Trinity and UCD deadlines, sourced.
- Related · Study abroadStudy in New Zealand from India: semesters, funds and visa papersNew Zealand student visa living costs (NZD 20,000 a year), tuition rule, visa papers and Auckland 2027 closing dates, each with its official source.
- Related · Study abroadStudy in France from India: Études en France, funds and visaFrance student visa from India: Études en France steps, €877.50 a month minimum resources from 1 Aug 2026, €50 visa fee and the 2027 calendar.
- Related · Study abroadStudy abroad intake and deadline calendar: a month-by-month back-planPick a country and intake to get a printable month-by-month plan built back from official university and government dates, each with its source.
- Used by tool · Study abroadCanada study permit proof of funds and GIC for Indian studentsCanada study permit money for Indians: CAD 23,448 a year for one person from 1 Sep 2026, family amounts, whether a GIC is needed, and what SDS's end changed.
- Used by tool · Study abroadGermany blocked account (Sperrkonto) for Indian students: amount and rulesGerman blocked account for Indian students: €11,904 for year one, €992 a month, the other ways to prove funds, and how to close it, from official pages.
- Used by tool · Study abroadUK Student visa maintenance funds for Indian students: amount and 28-day ruleUK Student visa money for Indian applicants: £1,529 a month in London, £1,171 outside, 9 months max, the 28-day and 31-day rules and bank evidence.
Official and partner links
- Uses data fromReserve Bank of India: reference rates
Sources
- Student visa: money, GOV.UK, UK Visas and Immigration. Accessed 31 October 2026.
- Study permit: proof of financial support, Immigration, Refugees and Citizenship Canada. Accessed 31 October 2026.
- Student visa (subclass 500), Australian Government, Department of Home Affairs. Accessed 30 October 2026.
- Student visa (study and language course), German Embassy New Delhi (india.diplo.de). Accessed 31 October 2026.
- Information on student finances, Irish Immigration Service (Department of Justice). Accessed 31 October 2026.
- Student fund requirements, Immigration New Zealand. Accessed 31 October 2026.
- Long stay student visa, Campus France India (French government agency). Accessed 31 October 2026.
- Financial Ability, Study in the States, US Department of Homeland Security. Accessed 8 October 2026.
- Home page: reference rates (as at 1:00 pm, 8 October 2026), Reserve Bank of India. Accessed 8 October 2026.
- Reference Rate Archive, Reserve Bank of India. Accessed 8 October 2026.
Found an error or a newer rule? Tell us through the corrections page. Updated 31 October 2026.