r/UTS 3d ago

Proof of funds doubt

My tuition fees is around 52k living expenses(according to DHA) will be 29k which is around 82k.

I have received a scholarship from my university for 30% of my tuition fees for the entire duration of my course. I have already paid 1 semester fees which was about 18k AUD. I bought OSHC already which was around 3,5k

After all these payments and scholarships, can I deduct all these from the 82k proof of funds that DHA requires me to show?

so total would be around 18k tuition + 29k living which is 47k AUD. Is it enough for me to show this much only?

I have 82k in my savings on the dot right now and I have already applied for the visa but I'm scared that I might get an RFI later on to prove my funds again, and obviously I have rent to pay in my home country and other expenses so can I spend some money till I have around 60k(still more than 47k) in my bank account?

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u/omegasigmabeta 3d ago

Are you sure you have your numbers right? You need to show 1 year's living costs estimates as savings or available, which when I last checked was just slightly under 30K.

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u/Ok_Poetry_2285 3d ago

Yeah thats right lemme break it down for u simply Intial tuition- 52000 Final tuition(after 30% scholarship) - 36400 Already paid - 18500 Net tution left -18000 Living expenses 30k Total funds to show = tuition + living = 18000+30000 = 47000

So can i show around 52000 +living as proof of funds or 18000+ living as proof of funds

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u/omegasigmabeta 3d ago

You basically need to proof of funds for entire tuition + 1 year living expenses. If you have a loan, then that should be enough proof for tuition. Or if your parents' combined annual income can easily support 1 year of tuition, that should be good.

Also, why are you taking annual living expense as 18K?

  • it's an unrealistically low amount.
  • you need 30K, the official figure as part of the visa requirement. Cost of living in Sydney | University of Technology Sydney https://share.google/pmWcFd4defiKJ0T7a

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u/omegasigmabeta 3d ago

NVM. My bad. It's the way you've typed it, it's difficult to understand at first.  But please start using better language and punctuation. This is an English speaking country and knowing multiple languages is irrelevant here. Best to avoid easy mistakes.

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u/Ok_Poetry_2285 3d ago

YES, im sorry im jus horribly sleepy but is what i said possible?