How much do you need to show in your bank account for a UK Student Visa application?

Let’s calculate using a sample scenario:

If you’re applying for the Global Business MBA (1 year) at Coventry University in the UK for the January 2025 intake, the course fee for international students is £22,550 and If the university requires a 60% advance payment,

let’s do the calculation…….

Explanation:

  • Total Tuition Fee: The stated course fee for international students.
  • Initial Deposit: 60% of the total tuition fee, as required by the university.
  • Balance Fee Payable: The remaining amount of tuition fees after deducting the initial deposit.
  • Total Maintenance Fee:  The minimum monthly maintenance funds required for Inner London, effective from January 2, 2025. (This amount remains the same regardless of the course duration.)

Therefore, you will need to demonstrate having at least £22,367 in your bank account to meet the minimum maintenance fund requirements for your student visa application.

Remember:

  • This is a sample calculation based on the information provided. Your actual requirements may vary depending on your specific circumstances and any additional costs.
  • Always refer to the official UKVI guidance and your university’s website for the most accurate and up-to-date information.
  • It’s advisable to have a slightly higher amount in your bank account to cover any potential additional expenses.


GDPR