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International Applicant Visa Guide |
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| Funds for Tier 4 Student Visa Applications: |
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International students requiring a Tier 4 student visa will need to show a minimum of £ 5400 for their living expenses to cover the first 9 months of stay in the UK if attending TASMAC London
According to the TIER 4 of the Points Based System – Policy Guidance published at www.ukba.homeoffice.gov.uk "The Money you need to show covers your course fees for your first year of study and living costs for up to a maximum of nine months. Your money must be held in cash. Shares, bond, pension funds and similar savings accounts will not be acceptable."
Under the new visa regulations the ONLY acceptable proof of maintenance funds is listed below:
• Cash in an account in your name (this includes joint accounts with your name); or
• A bank loan in your name; or
• Official government sponsorship
International students will not be able to submit any other type of financial documents. It is important for international students to show that they have access to the funds, therefore, the UKBA states that students cannot use “sponsorship letters or be funded by relatives abroad without access to their bank accounts”. Any documents used to show proof of the International Students maintenance funds must be dated within 1 month of the submission of the Tier 4 application. The appropriate maintenance funds must be in the account on the day of the Tier 4 visa application submission. After October 1, 2009, the funds will need to be in the account for at least 28 days.
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